USC-Shtokman in co-op [Offshore]
Mr. A. Zagorovskiy, Chief Executive Officer of the Shtokman Development AG (SDAG) and Mr. R. Trotsenko, President of the Unified Shipbuilding Corporation (USC) signed the Cooperation Agreement on June 2, 2011 in Moscow. According to the Agreement SDA...
2011-06-06 07:31:29
Shipping legend Ofer dies [General]
Shipping legend Sammy Ofer has died at the age of 89. Two sons will ensure business continuity. Ofer, who has a shipping empire stretching across all sectors of the industry, died at home on Friday, news wires report. Israeli radio reports say the...
2011-06-06 07:26:41
Polish Register back to IACS [General]
The Polish Register of Shipping (PRS) has been allowed back into IACS 11 years after it was thrown out for not meeting the association’s standards. The International Association of Classification societies (IACS) has been forced change its memb...
2011-06-06 07:22:49
More capes scrapped [General]
Owners of large bulkers are queuing up to sell their vessels for demolition as prices remain firm. Another four capesizes, including two smaller ships, have been sold for scrap during the past week. Cosco of China has reportedly sold the 132,...
2011-06-06 07:19:48
SHINAsb wins PC orders [Shipbuilding]
SLS Shipbuilding, which announced a new start with new name SHINAsb, won the first new ship order since it applied for debt work-out program in December 2009. The South Korean shipbuilder held a new order signing ceremony on June 1st after its new...
2011-06-06 07:11:59
MR tanker orders surge [Shipping]
A fragile recovery in the products-tanker market is being put under threat by newbuilding orders rush for medium-range (MR)-tanker in South Korea. India’s Great Eastern Shipping is the latest owner to join the orders rush by placing a contract a...
2011-06-06 07:03:52
Korean overwhelm Chinese [Shipbuilding]
South Korean shipbuilders are overwhelming Chinese rivals in new ship orders this year. Since the turn of this year orders for high-value ships such as ultra-large containerships, drillships and LNG carriers are leading the world newbuilding marke...
2011-06-06 06:52:18
Japan export ship orders up [Shipbuilding]
Japanese export ship orders rose for the 17th consecutive month in April year-over-year, increasing 9.4 percent to 912,142 gross tons, according to figures released by the Japan Ship Exporters’ Association (JSEA). But the year-over-year pace of ...
2011-06-06 06:35:19
SCI to order 24 ships [Shipping]
Shipping Corporation of India (SCI) is planning to place orders for 24 ships this financial year. The delivery for the 31 vessels the company had ordered two years ago will starting this year. SCI Director (finance) BK Mandal said: “The cape...
2011-06-06 06:32:09
Petrobras in 21-rig tender [Offshore]
Brazil's Petrobras has launched a tender for the construction of 21 drilling rigs to be built in Brazil, Chief Executive Jose Sergio Gabrielli said on June 3rd. Brazil is planning to build a fleet of drilling rigs in domestic shipyards as a way of...
2011-06-06 06:29:10
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