LR to class 30% of new orders [General]
Lloyd’s Register (LR) announced it will be classing a third of all new ships ordered at Chinese and Korean shipyards last year. LR said it would be classing 29.6% of new orders placed at China yards and 28.3% at Korean yards based on figures fo...
2011-01-20 08:23:02
Orders, deliveries, backlog all rise: China [Offshore]
China's shipbuilding orders completed in 2010 reached 65.6m dwt, up 54.6 percent year on year, Ministry of Industry and Information technology (MIIT) revealed. New ship orders received during the year amounted to 75.23m dwt, up 2.9 times y-o-y. ...
2011-01-20 08:14:46
Ananda IPO road show started [Finance]
Bangladesh's Ananda Shipyards & Slipways has launched IPO procedures. Its “Price Discovery Road Show” opened on Monday for a sale of 30m shares with a face value of BDT 10 ($0.14) each. The authorized capital of Ananda Shipyard is BDT 5bn...
2011-01-20 08:08:19
DSIC scores 76K tanker [Shipbuilding]
China's Dalian Shipbuilding Industry Company has won an order for a new tanker from China Shipping Haisheng. Haisheng is to pay CNY 384m ($58.3m) for the 76,000-dwt tanker, a stock exchange filing reveals. China Shipping Haisheng also said it...
2011-01-20 07:57:34
China Exim finances ESL newbuilds [Finance]
The Export-Import Bank of China (China Eximbank) has signed an agreement with Ethiopian Shipping Lines (ESL) to finance 80% of the $293.5m for the shipowner to build nine cargoships in China. The newbuildings consists of seven multipurpose (MPP) ...
2011-01-20 07:52:31
HMD inks 2,800TEU ships [Shipbuilding]
Hyundai Mipo Dockyard has reportedly scored a new contract with Singapore's Pacific International Lines to build two plus four 2,800-teu containerships. Delivery is set for 2013 and newbuilding price is yet to be known. It is said the Korean ya...
2011-01-20 07:44:44
MOU signed between KR & KOMEA [Equipment]
Korean Register of Shipping (KR) signed a MOU with Korea Marine Equipment Association (KOMEA) on 13th January to share a growth in the offshore equipment sector and to increase cooperation. The MOU covers; △ information exchange necessary for devel...
2011-01-20 07:19:29
Japan orders recover, deliveries hit highest [Shipbuilding]
Japan's combined new orders of last year recovered to the level of 10m GT for the first time in two years. Japan Ship Exporter's Association (JESA) announced on 18th January that combined export-ship contracts of last year reached 271 ships of 11...
2011-01-20 07:15:32
Japanese conduct aggressive sales [General]
Japan's shipbuilding industry seems to carry out omnidirectional new order activities regardless of ship types to secure workload. Most Japanese yards have limited types of ships to build and received new orders only for the standardized types of...
2011-01-20 07:05:52
WIG waiting for business license [Shipping]
Gunsan Regional Maritime Affair & Port Office in Korea has announced Korea's Ocean Express has applied for maritime passenger transport business license to deploy a WIG ship, the world's first boat to fly on the surface of the water, in the route bet...
2011-01-20 06:59:18
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