CSSC wins state salvage ships [General]
The Ministry of Transport signed a contract with the China State Shipbuilding Corporation on Dec. 19 to start construction on two new types of all-weather large oceanic salvage ships equipped with a medium-sized rescue helicopter landing platform and...
2010-12-22 09:04:02
Damen develops green ferry [Shipbuilding]
Dutch shipbuilder Damen is working on a green ferry design using possibly LNG, as well as wind and solar energy, for compatriot Rederij Doeksen. It is the first time Gorinchem-based Damen has focused on an environmentally-friendly project for fer...
2010-12-22 09:00:45
Sembcorp inks $440m drilling rigs [Offshore]
US contract driller Noble Corporation has entered into an agreement with Sembcorp Marine's subsidiary Jurong Shipyard in Singapore for the construction of two new high-specification heavy-duty, harsh-environment jack-up drilling rigs. The jack-up...
2010-12-22 08:56:53
Kamsarmax orders surge in 2010 [Shipbuilding]
A surge in kamsarmax orders explain the increase this year in contracts for panamax bulkers. Clarksons says although the global orderbook for ships continues to decline, there are more panamaxes than at the end of 2009. The increase is especi...
2010-12-22 08:52:25
Refund guarantees ruling against Meritz [Finance]
Korean insurance company Meritz Fire and Marine Insurance has to pay the Jan de Nul dredging group more than $32m in refund guarantees following the bankruptcy of shipbuilder Asia Heavy Industries. Belgian dredger owner Jan de Nul had ordered thr...
2010-12-22 08:46:47
Busan ship financing 'Corporation' coming [Finance]
A research service corporation for the ongoing project, 'research on the need of establishing a ship financing specialized institute', ordered by Korea Shipowners' Association (KSA) and the city of Busan in cooperation has come to the final results t...
2010-12-22 08:35:08
Shipbreaking rises in China [General]
Chinese shipbuilders, mainly new shipyards struggling for the newbuilding market, have recently been turing into the ship scrapping and/or repairing business, securing scrapping volume at a lower price than India's. A capesize bulker built in 19...
2010-12-22 08:30:29
Samsung keeps No.1 position [Shipbuilding]
Korea's Samsung Heavy Industries held 200 vessels totaling 8.432m CGT on its orderbook as of 1st December, remaining at the No.1 position for the fifth consecutive month in terms of order backlog. Hyundai Heavy Industries and Daewoo Shipbuilding ...
2010-12-22 08:26:51
Korean eye more orders in 2011 [Shipbuilding]
Korea's large shipbuilders are expected to see an increase in their new order intake for 2011. Ok Hyo-won, a researcher at Korea's NH Investment & Securities, said, "according to the new order plan for 2011 revealed by local shipbuilders, Hyundai...
2010-12-22 08:21:26
Samjin delivers 11th 33,500-dwt BC [Shipbuilding]
Korean shipbuilder ‘Samjin Shipbuilding Industries (SSI, CEO: Young-Il Kang)’ located in Weihai, China delivered one 33,500-dwt Log/Bulk Carrier to shipowner ‘KP12 International Limited/TPC Korea’ on 21st December, 2010. The newly delivere...
2010-12-22 08:15:25
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