Shipbuilding shares 77% up [Finance]
Korea's fastest growing industry, in terms of stock value, is believed to be the shipbuilding and transport equipment industries since the global financial crisis. According to the survey on the sectoral index fluctuation and the trend of market capi...
2011-02-22 11:46:29
Offshore surpass $12bn new orders [Offshore]
Coupled with increasing oil prices, newbuilding demand for large-scale offshore facilities in the offshore sector is facing a recovering phase again in full scale. The total of new order values by the middle of February this year surpassed $12bn ...
2011-02-22 11:16:59
Bunch of boxship orders to surface [Shipping]
Canadian shipowner, Seaspan, and Abu Dhabi's state-run oil company, ADNOC, are believed to be progressing newbuilding talks over up to 10 boxships of 10,000 TEU and 15 boxships of 2,500 TEU respectively. Seaspan's 10,000-teu ships are expected to be...
2011-02-22 10:24:34
Boxships lead newbuilding market [Shipping]
Boxships are rocketing as a ship type to lead this year's newbuilding market in the commercial ship sector. According to Maersk Broker, new boxship orders for this year are expected to increase by more than two times versus the previous year, rep...
2011-02-22 07:38:37
Daewoo inks "monumental" mega order [Shipbuilding]
Korea's Daewoo Shipbuilding & Marine Engineering has made a new history of world's shipbuilding industry by winning the world largest-scale boxships of 18,000 TEU. Nam Sang-tae, president of Daewoo, signed a newbuilding contract with Eivind Koldi...
2011-02-22 07:37:27
New orders & prices all down [Shipbuilding]
The total of new orders worldwide during January of 2011 came to 64 ships of 4.2m DWT, 2.8m GT and 1.5m CGT, decreasing by 59% in dwt terms compared with the same period of the previous year. According to the Clarkson Research Services, the total...
2011-02-22 07:35:16
BV & RS sign LNG/FPU agreement [Offshore]
Leading classification societies Bureau Veritas (BV) and Russian Maritime Register of Shipping (RS) have signed a three-year cooperation agreement covering the development of joint guidelines for LNG carriers and Offshore Floating Production Units (F...
2011-02-22 07:25:43
LaShip dock project moves forward [General]
Edison Chouest Offshore's LaShip shipyard project in the Port of Terrebonne, Louisiana, is taking a step forward. The port commission has now posted an RFP for the yard's 320 ft dry dock on the Central Auction website. The bid opening for the La...
2011-02-22 07:19:58
BLT gets $685m facility [Finance]
Indonesia's PT Berlian Laju Tanker said it has secured commitments from six leading commercial banks to provide $685 million in a new landmark term facility. The facility is secured by 40 of the company's existing ships and three ships that are un...
2011-02-22 07:12:40
Chinese snatch scrap vessels [General]
A huge oversupply of scrap tonnage in the Indian scrapping yards opened up opportunities for Chinese rivals to secure prime vessels, including the latest capesize bulkers to be sold for scrap. A glance at the list of ships at anchor off Alang unde...
2011-02-22 07:05:09
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