S&M: Not easy for export orders [Shipbuilding]
In recent years, with high speed growth of domestic shipbuilding industry, more and more foreign shipowners came to China to order ships. As a result, many of Chinese small and medium shipyards participated in ship export as well. However, some of...
2010-12-28 11:45:01
Korea, Japan clash for high-end ships [Shipbuilding]
Japan's shipbuilders seem to be focusing on taking fresh orders for newbuilds supposed to be delivered after the second half of 2013 next year. With this, it looks unavoidable that they have to compete with Korean yards, most of which achieved the...
2010-12-28 11:05:35
Taizhou: Calm down! [Shipbuilding]
In 2007, when global financial crisis was about to launch, ‘enclosure movement’ was carried out in Taizhou Zhejiang Province of China. ‘enclosure movement’ meant that local private entrepreneurs purchased lands along the coast line for shipbu...
2010-12-28 11:00:36
Sumitomo delivers seven aframaxes [Shipbuilding]
Japan's Sumitomo Heavy Industries announced on Monday that it has delivered a total of seven newbuildings this year totaling 390,000 gt. The number is down by one ship against last year and down by 13% in gt terms. The ships built by the yard t...
2010-12-28 08:54:41
Bohai pens VLCC pair [Shipbuilding]
China's state-owned shipbuilder Bohai Shipbuilding Heavy Industry has inked two 320,000-dwt VLCCs with Russia's Novoship. Delivery is due for early 2013 and newbuilding price is said to be around $100m per vessel. The newbuildings will be chartere...
2010-12-28 08:48:50
Indian scrap yards protest govt notification [General]
Alang, world’s largest ship breaking yard, came to a standstill, after yard owners in tandem with workers stopped working to protest a notification issued by Central Excise (CE), asking for a ship-wise break-up of material obtained from dismantled ...
2010-12-28 08:34:38
Hazardous scrap ships banned [General]
It is reported that Bangladesh’s High Court has prohibited scrap ships from entering the country until its previous verdict is implemented. The bench of justices AHM Shamsuddin Chowdhury and Sheikh Mohammad Jakir Hossain directed the government ...
2010-12-28 08:32:07
Bulker orderbook volume unchanged [Shipbuilding]
Despite 2010 being a record year in terms of bulker deliveries, as of the end of the year, the orderbook has remained at the same amazing level of a year ago. According to a report from BIMCO’s shipping analyst Peter Sand, the current orderbook...
2010-12-28 08:29:24
NSCSA re-purchases canceled tankers [Shipping]
The National Shipping Co of Saudi Arabia (NSCSA) said that two tankers it recently ordered at SLS Shipbuilding were in fact its own previously axed newbuildings. NSCSA wrote last week in an announcement to the Saudi bourse that it had picked up a...
2010-12-28 08:22:49
Keppel adds SGD240m to orderbook [Offshore]
Singapore’s Keppel Offshore & Marine has won SGD 240m ($185m) orders from Dutch, Malaysian and Lebanese owners. An unidentified Malaysian company has penned a contract for a diving support vessel (DSV) at the yard. The 80-metre unit will be del...
2010-12-28 08:16:45
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