Hyundai-Vinashin & Onomichi win handies [Shipbuilding]
Norden has ordered four handysize bulkers only a few months after boss Carsten Mortensen ripped into rivals about adding to the sector’s crowded orderbook. Two of the new Norden quartet have been booked to fill a long-term contract of affreight...
2010-12-06 07:02:55
Mitsubishi may win LNG carrier [Offshore]
Japanese shipowner NYK is said to be in talks with compatriot shipbuilder Mitsubishi Heavy Industries to build up to four LNG carriers. An official from NYK said discussions are ongoing now but nothing has been fixed on ship type and the number of...
2010-12-03 14:08:14
Global liners earn $13bn [Shipping]
According to AXS-Alphaliner statistics, global liner shipping industry is expected to earn $13bn this year. Obviously, it is the best year in the history of container shipping. Last year, it came across loss of $15bn. In the third quarter, liner co...
2010-12-03 12:22:32
Chinese banks: Rising but immature [Finance]
More and more Chinese banks are offering loans to foreign shipowners when those owners order ships from Chinese yards. However, the shipowners usually have tough experience before they get the money. CEO Anthony Zolotas of Eurofin said if they cou...
2010-12-03 11:34:22
CSBC to win 8 boxships [Shipbuilding]
Industry sources showed CSBC was negotiating with OOCL on ship specifications and equipments. As is revealed, as long as ship price fixed, CSBC was expected to win eight 1,800TEU boxships. Currently the price of a 1,800TEU boxship was hanging arou...
2010-12-03 10:42:33
Parakou returns to newbuildings [Shipping]
Parakou Shipping of Hong Kong is said to be ordering four 35,000-dwt handysize bulkers at China's Nantong Chang Qing Sha Ship Engineering for delivery in 2012. Newbuilding price is said to be $24.5m per ship. But sources say nothing has been firme...
2010-12-03 10:05:55
STX in talks for gas carriers [Shipbuilding]
Rotterdam-based Unigas gas-carrier pool is said to be close to ordering up to six ethylene carriers of 6,500-cbm class at Korea's STX Offshore & Shipbuilding. The contract will be signed for three firm and three optional units, sources say. New...
2010-12-03 09:47:18
Samkang becomes EPC firm for Technip [Offshore]
Samkang M&T, a vessel pipe manufacturing company in South Korea, announced that it has been approved and listed by global leading offshore engineering company Technip of France, as an Engineering, Procurement & Construction company. It said it pas...
2010-12-03 09:26:37
Sinopacific pens 16 63K BC's [Shipbuilding]
Sinopacific Shipbuilding Group has developed the world's largest handymax bulker type, namely 63,000-dwt bulk carrier and, with this new ship type, it has won 16-ship new orders, of which the first ship is scheduled to be delivered in 2012. The ne...
2010-12-03 09:13:50
Jiangsu Hantong wins 82K BC's [Shipbuilding]
Jiangsu Hantong Ship Heavy Industry has bagged a contract with Germany's MPC Steamship to build two 82,000-dwt kamsarmax bulk carriers. Delivery is set for 2012-13. Newbuilding price is yet to be revealed. The Chinese shipbuilding company first...
2010-12-03 09:04:14
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