Japan-Korea Q2 plate talks in final [Equipment]
It is reported that the price negotiation of Q2 ship plate between Japan and South Korea has been entering into the final phase. It is said that South Korea's shipbuilding manufacturers have accepted the prices hike of USD 100 per tonne; however,...
2011-05-20 07:49:33
China-Korea rivalry up [Shipbuilding]
Yangzijiang Shipbuilding may become the first Chinese yard to win an overseas order for 10,000-container vessels as the Asian nation challenges South Korea’s dominance in building more profitable types of ships. The shipbuilder is in discussion...
2011-05-20 07:46:06
Wartsila extends engine portfolio [Equipment]
Wärtsilä, the marine industry's leading ship power system integrator, strengthens its offering in the mid-size, low-speed engine sector by adding new 62- and 72-bore low-speed engines to its portfolio. These standardised engines offer h...
2011-05-20 07:37:51
Zaliv Shipyard wins OSV [Offshore]
JSC Zaliv Shipyard (Kerch, Crimea, Ukraine) and large Norwegian ship owning company Argali Holdings Ltd have signed the contract for construction of offshore drilling rigs supply vessel (project 832 CD). By words of Nikolay Kuzmenko, chief of Sup...
2011-05-20 07:35:35
"Newbuild prices still going down" [Shipping]
Asian shipyards will be unable to translate rising costs into higher newbuilding prices amid surplus yard capacity, Seaspan chief executive Gerry Wang forecast this week. He said this has left owners in a strong position to drive a hard bargain in...
2011-05-20 07:32:16
Ukraine yard profit tumbles [Finance]
Ukraine’s Kherson Shipyard ended 2010 with a net profit of just UAH 5,000 ($626), down from UAH 1.5m in 2009. Revenue dropped by 28.49% to UAH 352.93m year-on-year. Assets stood at UAH 1.09bn, with liabilities at UAH 777.82m. Kherson bu...
2011-05-20 07:27:16
Orders edge up in April [Shipbuilding]
Global new ship orders increased a bit last month and the investment in newbuildings also rose by more than 10% month-on-month. According to a monthly report released by Clarksons on May 17, new ship orders stood at 93 ships of 5.4m dwt in April, ...
2011-05-20 07:18:13
Daewoo builds shipyard in Indonesia [Equipment]
South Korea's Daewoo Shipbuilding & Marine Engineering plans to develop a 40-hectare land in Batam Island into a shipyard in partnership with state-owned shipbuilding firm PT Dok dan Perkapalan Kodja Bahari (DKB), Theindonesiatoday reports. Amir S...
2011-05-20 06:58:57
Hyundai Samho wins 10 5,600TEU's [Shipbuilding]
Hamburg-based shipowners Peter Doehle and Bernhard Schulte said they have placed an order for ten containerships with Hyundai Samho Heavy Industries. The post-Panamax vessels will have a capacity of 5,600 twenty-foot equivalent units (TEU). T...
2011-05-20 06:52:15
Rongsheng scores 2+2 Pax. [Shipbuilding]
On 17th May 2011, China's Rongsheng Heavy Industries signed a contract with Golden Union, a Greek shipowner, for 2+2 Panamax bulk carriers, further enhancing the Company's orders on hand. This is the second order placed by Golden Union in 2011, f...
2011-05-20 06:47:00
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