Daewoo-Mangalia wins kamsarmax [Equipment]
Romania’s Daewoo-Mangalia Heavy Industries (DMHI) has won an order for two 82,000-dwt kamsarmax bulkers from Larus SA of Greece. The ships are set for delivery in the first half of 2012. According to London broker Clarksons, the order was c...
2011-02-07 08:58:40
DSME Shandong pens supramax pair [Equipment]
DSME Shandong Co., Ltd. (DSSC) has won an order for two 58,000-dwt supramax bulkers from London-based Greek shipowner Rethymnis & Kulukundis (R&K). The owner's Piraeus management arm, Pegasus Maritime Enterprises, confirms that two 58,000-dwt bulkers...
2011-02-07 08:53:04
Sovcomflot designs Medmax LNG carrier [Offshore]
Russia's Sovcomflot has lined up a design for a Medmax-size LNG carrier that could be built at a domestic shipyard OPK Baltisky Zavod. The 79,300-cbm vessel has accommodation in the fore part of the ship in a bid to ensure good visibility, partic...
2011-02-07 08:46:13
Imabari secures 335K VLOC [Shipbuilding]
Japan's Imabari Shipbuilding has secured an order for 335,000-dwt very large ore carrier (VLOC) from compatriot NS United for delivery in 2014. The new JV shipping player has ordered the VLOC linked to a long-term iron ore freight contract with a ...
2011-02-07 08:38:40
SPP scores pax pair [Shipbuilding]
Korea's SPP Shipbuilding has won an order for two 76,500-dwt panamax bulkers from UK-basked shipowner Euroceanica. Reports suggested the order was a replacement contract for two cancelled aframax crude tankers. However, a spokesman for Italian-...
2011-02-07 08:32:37
Mitsubishi profit more than triples [Finance]
Mitsubishi Heavy Industries saw the profit jump in the first nine months as its operating performance boomed. Net profit for the nine months to the end of December hit JPY 17.97bn ($220.26m), a massive hike on the JPY 4.29bn seen in the comparabl...
2011-02-07 08:27:45
IHI posts remarkable rise in results [General]
IHI Corp has raised its profit forecast for the full year as it posted good nine-month figures. Net profit for the first three quarters to the end of December hit JPY 18.98bn ($232.66m). This was a massive leap on the mere JPY 52m in net profit t...
2011-02-07 08:22:21
Mitsui profit declines [Finance]
Profit at Japanese shipbuilder Mitsui Engineering & Shipbuilding crashed by a quarter in the nine months to the end of 2010. It has also sliced its full-year forecast after watching revenue fall away. Tokyo-listed Mitsui banked JPY 13.3bn ($1...
2011-02-07 08:16:24
Sumitomo signs four aframaxes [Shipbuilding]
Japan’s Sumitomo Heavy Industries has been awarded a newbuilding order for a series of aframax tankers for Venezuelan national oil company PDVSA. The deal valued at JPY 25bn ($306m) has been done through trading house Itochu Corporation and the ...
2011-02-07 08:12:41
IHI wins FSO order [Offshore]
IHI Corp. has won an order worth more than JPY 10bn ($120m) for a floating oil storage facility in the Gulf of Thailand from a joint venture between Chevron Corp. and Mitsui Oil Exploration Co. The FSO unit has an oil storage capacity of 1 millio...
2011-02-07 07:27:12
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