BV classed fleets hit 80m gt [General]
The Bureau Veritas classed fleet has grown strongly during 2011 and in June passed 80m gt. Today, 9,663 sea-going vessels and 1,853 inland navigation ships are classed by Bureau Veritas. The growth has been led by the delivery of 320 new vessels ...
2011-06-21 07:33:58
Bangladesh shipbuilding grows [General]
Bangladesh is to earn around $500m over the next two years by exporting ships, and they hope to get more orders soon from international shipowners. "We have orders to build and supply 40 ships of different sizes worth $500m from buyers in Denmark...
2011-06-21 07:30:15
China buys into Greek bank [Finance]
China Development Bank is said to be joining forces with Greece-based Aegean Baltic Bank in a move seen as key to unlocking a pledged $5bn in finance for Greek shipowners. The two sides appear close to cementing the partnership, which was disclose...
2011-06-21 07:26:32
Chinese deliver the most [Shipbuilding]
Chinese shipbuilders built 3.65m dwt of newbuildings in May, occupying 41.7% of the global market. South Korea ranked 2nd with 33.6% share of the global newbuilding deliveries in the month. World shipyards delivered 8.76m dwt newbuildings in Ma...
2011-06-21 07:20:29
Samsung order binge continues [Offshore]
Samsung Heavy Industries is forecast to continue its order intake spree in the second half of the year. Dongbu Securities Kim Hong-gyun analyst said, "Samsung has inked $10.5bn new orders so far this year, attaining 87.4% of its annual order targe...
2011-06-21 07:11:54
DSSC goes slow for newbuilds [Shipbuilding]
South Korea's Daewoo Shipbuilding & Marine Engineering is cutting half of its dispatched workers at DSME Shandong Co (DSSC), located in BaiJia Town, Yantai Economic & Technical Zone, China. Sources say Daewoo plans to call in about 40 workers out ...
2011-06-21 06:57:27
Saipem wins $600m deals [General]
Italian contractor Saipem said it has bagged new global contracts worth $600m. Eni has extended its charter of the Saipem 10000 drillship for 24 months, starting from August next year. Meanwhile, Addax Petroleum extended the charter of the se...
2011-06-21 06:38:57
Qingshan inks 1,100TEU's [Shipbuilding]
China's Qingshan Shipyard has inked an order with Sinotrans for building two containerships. Hong Kong-listed Sinotrans will pay $36m for the 1,100-teu pair, a statement says. “Given that shipbuilding costs are currently at a historic low, ...
2011-06-21 06:35:56
SCI eyes 18-ship buys [Shipping]
Shipping Corp of India (SCI) is to miss its target of adding 62 ships to its fleet in the five years to March 2012. Arun Gupta, technical and offshore director, told local media the state-owned company is likely to buy 56 vessels during the perio...
2011-06-21 06:31:45
Sinopacific wins Fredriksen PSVs [Offshore]
John Fredriksen's Seatankers is said to have picked up platform supply vessel newbuildings in China. Brokers say the Norwegian magnate’s private company has penned up to four newbuildings at Sinopacific Shipbuilding Group and is expected to pas...
2011-06-21 06:28:17
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