Daewoo pens 55 wind turbines [Equipment]
DeWind, an affiliate of Korea's Daewoo Shipbuilding & Marine Engineering, has signed a contract to supply wind power turbines. The company won five D9.2 wind turbines from Canada's largest wind turbine research institute, WEICAN, for delivery in S...
2011-04-04 10:07:34
Samsung may win drillships [Offshore]
Huston-based offshore drilling specialist, Pride International, has extended an option with Korea's Samsung Heavy Industries by 30 days to build a ultra-deepwater drillship. Samsung received a firm drillship order and one option from the shipowner...
2011-04-04 09:33:40
Bangla shipbuilders secure separate zones [General]
The Bangladesh government will set up separate zones for the shipbuilding sector and formulate policy to support the promising sector, Industries Minister Dilip Barua said. The zones will be created on the south bank of river Karnaphuli in Chittag...
2011-04-04 08:33:44
Suezmax deliveries lower earnings [Shipping]
Around 45-50 new suezmaxes are expected to be delivered this year, equivalent to 10%-12% of the fleet, according to Barry Rogliano Salles. “It is therefore feared that suezmax owners may be confronted in 2011 with the crisis that they avoided in...
2011-04-04 08:24:16
Order backlog hits 32% of existing fleet [Shipping]
According to the annual report issued by shipbroker Barry Rogliano Salles (BRS), a total of 125 million dwt of new building orders were placed in 2010, which is the fourth highest on record and represents a sharp rise on the 34m deadweight recorded i...
2011-04-04 07:14:01
IHC Merwede pockets huge profit [Finance]
IHC Merwede posted a huge hike in 2010 profit despite revenue remaining steady. The specialist dredger and offshore vessel builder’s profit jumped to EUR 99m ($140m) from EUR 57m in 2009. Revenue dropped slightly to EUR 1.01bn from EUR 1.13...
2011-04-04 07:04:00
CMA CGM wants 16,000TEU's [Shipping]
CMA CGM is in talks to upsize eight newbuildings on order in South Korea to 16,000 teu. Eight super-post-panamax containerships being built for the French line at three different yards in South Korea are expected to be upgraded to around 16,000 t...
2011-04-04 06:54:29
New orders to fall [Shipbuilding]
The bounceback in newbuilding orders last year has run out of steam, it is claimed. Shipbroker Barry Rogliano Salles (BRS) estimates that shipowners are likely to order between 70 million dwt and 90 million dwt of new ships this year. Although th...
2011-04-04 06:50:33
Sungdong scores 3,600TEU duo [Shipbuilding]
Sungdong Shipbuilding & Marine Engineering has reportedly won an order for two 3,600-teu containerships from Germany’s NSC Schiffahrtsgesellschaft. The wide-beam vessels are said to have been fixed to Hamburg Sud for five years at $22,800 per da...
2011-04-04 06:41:20
Imabari wins 61K bulker [Shipbuilding]
Ikaros Shipping of Greece has ordered a panamax bulker at Imabari Shipbuilding of Japan. The bulker owner has contracted a 61,000-dwt vessel at the yard for delivery in the third quarter of 2012. The move represents a firm move into 60,000-dw...
2011-04-04 06:36:37
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