Samsung in talks for 4,600TEU's [Shipbuilding]
Korea's Samsung Heavy Industries is progressing new order talks for four 4,600-teu boxships with Hanjin Shipping. The shipping company is also said to be sitting on a negotiation table with Hyundai Heavy Industries to order four 4,600-teu and anot...
2011-01-21 10:26:10
Offshore shipbuilding orders keep slumping [Offshore]
In 2010, 167 offshore ships were signed totally. The newbuilding orders kept slumping since 2008. Nearly 90% of them were PSV, AHTS and OSV. In addition, the wind turbine installation ships became the dark horse, with nine new orders signed in 20...
2011-01-21 10:18:45
MSC: Say no to 18,000TEU boxships [Shipping]
As is reported earlier, Maersk would sign newbuilding contract to build 18,000TEU boxships in couples of weeks, totaling $2.0bn. At present, Maersk was talking about technical details with shipyards. As is revealed, a Korean shipyard was expected to ...
2011-01-21 10:18:08
Davie earns more time for revamp [Finance]
Bankrupt Canadian shipbuilder Davie Yards has secured another court extension for its restructuring. Quebec-based Davie now has until 18 February to find more funds under the Companies’ Creditors Arrangement Act (CCAA), according to regulatory ...
2011-01-21 08:02:21
Bangladesh scrapping takes another hit [General]
Bangladesh High Court has reportedly directed the government to halt all shipbreaking activity in the country until further notice. It follows the death of four workers after an explosion on the 50,600-dwt former Great Eastern tanker Jag Pranam (...
2011-01-21 07:56:47
Krasnoye Sormovo delivers 7 ships [Shipbuilding]
Russia's Krasnoye Sormovo Shipyard, a shipbuilding unit of MNP Group, has launched more than 70,000 dwt of newbuildings in 2010. The yard floated nine tankers of different tonnage, including two tankers launched in December 2010 which will be del...
2011-01-21 07:51:37
Chongqing Steel’s plate output jumps [Equipment]
Chinese steelmaker Chongqing Iron and Steel (Chongqing Steel) has announced that in 2010 its shipbuilding plate production rose by approximately 80 percent year on year to 1.7 million mt. Shipbuilding plate production accounts for over 70 percent...
2011-01-21 07:39:16
CSBC may win nine boxships [Shipbuilding]
Taiwan's largest shipbuilder CSBC is in newbuilding talks with Yang Ming Marine Transport for up to nine-ship orders. CSBC may ink between six and nine new ships worth up to $720m, local media reported. Yang Ming already has a massive orderboo...
2011-01-21 07:29:30
Daewoo wins Aker drillships [Offshore]
Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has signed a Letter of Intent (LOI) with Aker Drilling for the delivery of two advanced ultra-deepwater drillships, and the option for delivery of two additional same ships. The price pe...
2011-01-21 07:20:37
Sembcorp Marine inks $182m rig [Offshore]
Sembcorp Marine’s subsidiary PPL Shipyard has signed another turnkey contract to build a jack-up rig with Atwood Oceanics Pacific Limited (“AOPL”), a wholly-owned subsidiary of Atwood Oceanics Inc. Priced up to US$182 million, the jack-up ri...
2011-01-21 07:09:27
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