SCI swoops bulker resales [Shipping]
Shipping Corp of India has purchased two new supramax bulkers from China's Grand Yard Investments. State-owned SCI will take in the 57,000-dwt resales within the next four to five months, it says in a short statement. It does not reveal how much ...
2011-04-19 07:01:24
HMM cape goes to scrap yard [Shipping]
South Korea’s Hyundai Merchant Marine is reported to have sold its capesize bulker for scrap. It is said to have sent its 127,852-dwt Hyundai Island (built 1986) for $485 per ldt or just over $7.9m, according to US cash buyers GMS. Hyundai ...
2011-04-19 06:59:01
Keppel WT install vessel finds work [Offshore]
Singapore's Keppel FELS Limited (Keppel FELS) reports that a contract, worth in excess of EUR 35 million, has been secured for SEAFOX 5, the KFELS Multi-Purpose Self-Elevating Platform (MPSEP) wind turbine installation vessel owned and managed with t...
2011-04-19 06:54:06
Nordic Yards wins 2nd wind platform [Offshore]
Germany's Nordic Yards has won an order for the construction of a second offshore platform from Siemens Energy. The yard group will start construction of the platform in May. A spokeswoman said that the definite value was not clear as the deta...
2011-04-19 06:51:10
Pertamina ordering first VLGC [Shipping]
Indonesia’s Pertamina Shipping is to order a very large gas carrier newbuilding, in what appears to be the company’s entry into the VLGC sector as an owner. The offshoot of Indonesia’s state energy group Pertamina has issued a tender to ship...
2011-04-19 06:46:42
SWS inks capes [Shipbuilding]
Dry bulk, tanker and offshore drillship owner DryShips has inked orders for two capesize bulk carriers in China for delivery next year. The George Economou-led company said the project has been awarded to one of the leading state-owned shipyards i...
2011-04-19 06:40:19
New power in drillship market [Offshore]
As Korea's Hyundai Heavy Industries is emerging as a new power in the drillship market, the old power structure of the drillship market where Samsung Heavy Industries was placed in the first, Daewoo Shipbuilding & Marine Engineering in the second and...
2011-04-19 06:10:37
Japan: New Policy Coming [General]
Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT) held a midterm briefing for New Shipbuilding Policy on 15th. According to the interim report, MLIT suggests some present situations and tasks centering on 'maritime cluster', ...
2011-04-19 06:09:06
Sense of crisis spreads out [Finance]
Korea's shipbuilding industry stresses consciousness of crisis to prepare for an expected deterioration of profitability in the near future despite recent favorable tons like retaking the world first place in new orders for the first quarter and good...
2011-04-19 06:06:39
STX pens shuttle tankers [Shipbuilding]
South Korea's STX Offshore & Shipbuilding announced in a regulatory filing on April 18th that it has clinched a contract with Greek shipowner European Navigation to build two suezmax shuttle tankers for KRW 203.44bn ($186.6m). The contract value e...
2011-04-18 14:58:40
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