LNG Enters Boom [Offshore]
As LNG carrier market is expected to recover fast, LNG carrier newbuilding orders are rising significantly both for shipping for gas field development projects and speculative orders for spot market. Conversions of already placed orders for tanker...
2011-05-30 07:07:02
CIC inks four 48K BCs [Shipbuilding]
One of China’s most active players in the sale-and-purchase (S&P) market is understood to have taken a $100m leap into newbuildings. Shanxi Coal Group is said to have booked four 47,500-dwt bulkers at domestic shipyard China Shipping Industry (...
2011-05-30 06:52:40
Rongsheng wins Pax. [Shipbuilding]
Greece’s Golden Union is said to be on the brink of booking up to four panamaxes at China’s Jiangsu Rongsheng Heavy Industries. Managing director Theodore Veniamis confirms the company is discussing the order but nothing has yet been signed. ...
2011-05-30 06:47:03
Stena to order LNG carriers [Offshore]
New LNG-shipping entrant Stena Bulk plans to firm up another two LNG-carrier newbuildings in the next three months. Company president Ulf Ryder says Stena is likely to move forward on discussions it has been having with shipyards in South Korean ...
2011-05-30 06:41:31
Cosco may lose Sevan rig order [Offshore]
Shipbuilder Cosco Corp could suffer from a $1.05bn loss of contract to build two oil rigs from its customer Sevan Marine, which is currently facing severe financial difficulties. The Norwegian oil services group Sevan Marine said on Thursday it ha...
2011-05-30 06:37:47
New VLOC concept 'Ecore' [Shipbuilding]
Together with FKAB, TGE Marine, Cargotec and MAN Diesel & Turbo, DNV has participated in a joint industry project to develop Ecore, a Very Large Ore Carrier concept designed to lower fuel costs and improve loading efficiency. Based on existing tec...
2011-05-30 06:32:58
Navios orders PCs in Brazil [Shipping]
Navios South American Logistics (Navios Logistics) is to order six panamax products tankers in Brazil after firming up a series of charter contracts with Petrobras. The state-controlled energy giant says Navios affiliate Hidrovia South American L...
2011-05-30 06:30:27
Sovcomflot LNG newbuilding at Daewoo or STX ? [Offshore]
Sovcomflot is being tipped to order two 170,000-cbm LNG carriers after Gazprom Global LNG (GGLNG) concluded its newbuilding tender this week. Industry sources claim GGLNG made its choice on May 24 but still needs to win approval from group parent...
2011-05-27 12:27:53
Sungdong in talks for 4,700TEU's [Shipbuilding]
German shipowner Reederei Stefan Patjens is being linked to talks for up to 10 containerships of 4,700 teu at South Korea’s Sungdong Shipbuilding & Marine Engineering. Initial discussions are understood to be focussing on six firm ships worth a...
2011-05-27 12:19:10
Samsung to sign 4,700TEUs [Shipbuilding]
South Korea's Samsung Heavy Industries is said to be finalizing an order for three 4,700-teu containerships with Hanjin Shipping. Industry sources say Hanjin is paying around $60m per ship and will take delivery of them in late 2012 and early 2013...
2011-05-27 12:08:50
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