Rush of LNG carrier orders [Shipbuilding]
As there are a number of newbuilding talks on progress for LNG carriers worldwide, it is highly expected to see increasing new LNG ship orders in a fast pace. Russia's Gazprom is planning to hire four new LNG carriers for up to 15 years, raising...
2011-03-06 23:37:31
Chinese hunt 57K & 180K BCs [Shipbuilding]
China's CSC Jinling Shipyard and CSIC Qingdao Beihai Shipbuilding Heavy Industry have won newbuilding orders from China's emerging shipowner, Shandong Marine, to build two 57,000-dwt bulkers and three 180,000-dwt bulkers respectively. The total of n...
2011-03-06 23:36:00
Korea retakes No.1 [Shipbuilding]
Korean shipbuilders beat Chinese counterparts by a wide margin in February in terms of monthly new orders, occupying the world's first position. According to the Clarkson Research Services data released on last Friday, world's total of new order...
2011-03-06 23:32:40
Mega boxships see rising backlog [Shipping]
With a series of newbuilding orders for ultra-large boxships recenly placed, large boxships of over 8,000 TEU are watching increasing newbuilding orders. According to the Clarkson Research Services and other relevant sources, the current remainin...
2011-03-04 12:28:50
Mitsui to arm itself with new systems [General]
Japan's Mitsui Engineering & Shipbuilding has announced its new plan to rebuild cost competitiveness and technology capacity to prepare for the expected recession between 2013 and 2015 and to form new systems through which the yard can be competitive...
2011-03-04 12:00:50
Handy-bulkers wanted [Shipbuilding]
While new bulker orders have decreased in general, handsize bulkers of between 20,000 and 60,000 DWT are in increasing demand. Some Japanese shipowners, including Daiichi Chuo Kisen and Sanko Kisen, are organizing their handy-bulker fleet in an a...
2011-03-04 11:10:06
Hanjin partners btwn two fires [General]
It is said that the subcontractors of Korea's Hanjin Heavy Industries & Construction face a crisis as the company's management and labor are still in an acute fight over the latest layoff issue. Over 2,000 employees of the subcontractors are stuck...
2011-03-04 10:38:01
Kor-Jap vie for KOTC new tankers [Shipbuilding]
Korean and Japanese shipbuilders are competing to win a rare tanker newbuilding order, from Middle Eastern shipowner. Kuwait Oil Tanker Co (KOTC) has launched a tender for nine new tankers worth around $1bn. The tender invites yards to bid on f...
2011-03-04 10:31:15
PIL orders 4,300TEUs in China [Shipbuilding]
Singapore’s Pacific International Lines (PIL) continues to order new boxships. PIL, which booked two 2,800-teu ships plus four options at Hyundai Mipo Dockyard in South Korea in January this year, has returned to its favourite yard in China R...
2011-03-04 10:20:20
Hyundai-Vinashin scores kamsarmax [Shipbuilding]
Hyundai-Vinashin Shipyard, joint South Korean and Vietnamese shipbuilder, continues to win bulker orders. Market sources say Greece’s St Michael Shipping has ordered a 82,600-dwt bulker at the yard. The vessel is the largest newbuilding cont...
2011-03-04 10:09:51
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