Nassco to win aframaxes [Shipbuilding]
ExxonMobil’s SeaRiver Maritime is said to be at an advanced stage in talks to order two aframax tankers at San Diego’s General Dynamics Nassco Shipyard for around $450m in total. No final agreement has been reached. But SeaRiver appears to ha...
2011-06-13 07:35:09
Hyundai Mipo bulkers in resale [Shipping]
Vamvaship Maritime of Greece is making its newbuilding debut in a deal for two handymax bulker resales. The company confirmed it is negotiating to buy two 56,000-dwt bulkers being built at Hyundai Mipo Dockyard with deliveries set for later this ...
2011-06-13 07:27:39
Keppel wins 3rd 'Floatel' [Offshore]
Singapore' Keppel Fels has secured its third semi-submersible accommodation newbuild contract from Floatel International with a $283m turnkey award. The latest unit, which is scheduled for delivery in the first quarter of 2014, follows constructi...
2011-06-13 07:23:18
Big3 Jump in 1st half [Finance]
South Korean Big 3 shipbuilders are expected to continue to post favorable results in the second quarter following the first quarter. Hyundai Heavy Industries is forecast by securities analysts to achieve revenue of KRW 6.6trn ($6.1bn) and operati...
2011-06-13 07:18:39
Hyundai inks two LNG-FSRU's [Offshore]
Hyundai Heavy Industries formally signed the world's first newbuilding LNG-FSRUs. In Oslo, on June 10th, the South Korean shipbuilder inked a contract with Hoegh LNG to build two 170,000-m³ LNG-FSRU's worth around $500m in total. Hyundai said ...
2011-06-13 07:04:17
Hoegh to raise $174m in IPO [Finance]
Hoegh LNG, the Norwegian gas carrier owner, could raise up to NKr945m ($174m) with an initial public offering on the Oslo exchange to fund order for industry’s first newbuilding floating storage and regasification unit. The group, a division of ...
2011-06-13 06:45:16
Hyundai Mipo inks 37K BC [Shipbuilding]
South Korea’s Hyundai Mipo Dockyard has won a third 37,000-dwt handymax bulker from Tartous-based Samin Shipping. Sources say the contract is a fresh order and not an option from a previous deal booked in July. The order marked a newbuildin...
2011-06-10 15:01:57
Sekwang wins this year's 1st order [Shipbuilding]
Ireland and Rotterdam-based Arklow Shipping has booked three general cargoships at Sekwang Shipbuilding, located in Mokpo, South Jeolla Province, South Korea. Sources say Arklow has ordered three 14,200-dwt general cargoships at the yard for deli...
2011-06-10 14:57:33
Maran to firm up LNG newbuilds [Offshore]
Greece's Maran Gas Maritime is about to firm up orders for up to eight LNG carriers at two South Korean major shipyards, and chartering names are being linked to the newbuildings. Market talk suggests the vessels may be linked to business either w...
2011-06-10 14:44:46
VLCC sentiment rises [Shipping]
The freight rate for a 260,000-dwt Very Large Crude Carrier from the Middle East to Japan surged over the past week to Worldscale 55.07, or $9,952 a day, its highest in around two months, according to the Baltic Exchange. Moreover, the Asia crude...
2011-06-10 08:09:56
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