Bergen secures newbuild pair [Offshore]
Oslo-listed shipbuilding group Bergen firmed up two newbuilding orders worth over $200m. It inked a NOK 700m ($128.70m) contract with Volstad Maritime for an offshore construction vessel. Volstad penned a preliminary deal for the ship in Decem...
2011-04-14 07:36:16
Kiewit out of $35bn newbuild tender [General]
Canadian shipbuilder Kiewit Offshore Services confirmed it has pulled out of a $35bn state newbuilding tender due to lack of manpower. The Newfoundland said it did not have the staff available to draft its bid because it had recently secured othe...
2011-04-14 07:29:45
Rem PSV newbuild fixed [Offshore]
Rem Offshore has penned a long-term deal for one of its newbuilding platform supply vessels (PSVs). MLS has hired the Rem Commander for an initial 900 days, Rem tells investors Wednesday. MLS also has two yearly options on the VS 485 design sh...
2011-04-14 07:25:39
Maersk to order 10 more [Shipbuilding]
Maersk Line is preparing to order a second series of 10 18,000 teu containerships, bringing the total number to 20. AP Moller-Maersk chief executive Nils Andersen confirmed that he expects the company to exercise the first option for another 10 Tr...
2011-04-14 07:17:58
CSBC secures 1,800TEU's [Shipbuilding]
CSBC Corp of Taiwan has won an order for two containership newbuildings from Sammy Ofer. Ofer Maritime will pay $57.6m for the pair, CSBC tells investors. A spokesperson for the shipbuilder says the 1,800-teu vessels are the company’s first...
2011-04-14 07:10:28
CLNG buys into LNG carriers [Offshore]
China LNG Shipping (CLNG) confirmed talks to buy stakes in two new LNG carriers. The ships will be part of a fleet that will bring LNG to China from Australia, Shu Binglin, deputy general manager, told Bloomberg at a conference in Singapore. ...
2011-04-14 07:07:06
Hanjin sees another rupture [General]
The labor and management of South Korea's Hanjin Heavy Industries & Construction confronting each other on the issue of layoff failed again to yield any results after they conducted a four-hour marathon negotiation for a change in situation on 12th. ...
2011-04-14 06:28:21
Different outlooks on shipbuilding [Finance]
The stock prices of Samsung Heavy industries, Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries soared sharply by 36.9%, 33.8% and 26.9% respectively from the middle of March when the shipbuilding shares started an earnest rally t...
2011-04-14 06:24:51
Korea retakes World No.1 [Shipbuilding]
South Korea's shipbuilding industry has taken the world first place in new orders and new order value for the first quarter of the year, beating its rival, China. Korea's Ministry of Knowledge Economy (MKE) and Korea Shipbuilders' Association (Kos...
2011-04-14 06:22:23
Wenchong scores 1,700TEU's [Shipbuilding]
China's Guangzhou Wenchong Shipyard (GWS) has put pen to paper on a contract to build two 1,700-teu containerships. Greek shipowner Eastern Med has booked the vessels for delivery in 2013. GWS is a large shipbuilding, shiprepairing and heavy in...
2011-04-13 13:02:19
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