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Offshore
Shipbuilding
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Kleven inks Eidesvik's second PSV
[Offshore]
Norway's Eidesvik Offshore has exercised a NOK 440 million ($71.2 million) option to build a second LNG fueled PSV at Kleven Maritime. Scheduled for delivery from Kleven's Ulsteinvik shipyard in 2012, the vessel will be Eidesvik's fifth platform ...
2010-12-01 07:20:30
Seadrill eyes more newbuildings
[Offshore]
Seadrill talked up the prospect of more newbuilding orders as its third quarter operating numbers fell short of forecasts. Oslo-listed Seadrill, which has penned six newbuildings in the past few weeks, says prices are now $200m below their 2008 p...
2010-12-01 07:17:15
Ningbo splashes out $400m to buy ships
[Shipping]
International ocean shipping market experienced shuffling during financial crisis but it also brought opportunities to development further. Ningbo, located in Zhejiang Province of China, has entered the world’s top10 ports. Different from other...
2010-12-01 01:09:15
CSD orders 16 ships in three yards
[Shipping]
China Shipping Development recently signed contract with compatriot Jiangnan Changxing Heavy Industry to build four plus two 180,000dwt bulk carrier. It was the first time for China Shipping Development (CSD) to build 180,000dwt level bulk carrier...
2010-12-01 01:08:35
China’s order cancellations dive
[Shipbuilding]
According to statistics of China Association of the National Shipbuilding Industry (CANSI), the order cancellations of Chinese shipbuilding industry slumped greatly. From January to October, the amount of order cancellations of Chinese shipyards ...
2010-12-01 01:08:03
Hyundai Samho appoints new heads
[General]
Korea's Hyundai Heavy Industries Group appointed Mr. Oh Byung-uk (pictured), current president of shipbuilding, offshore and plant divisions, Hyundai Heavy Industries, as the new representative director and president of Hyundai Samho Heavy Industries...
2010-11-30 12:28:20
China: Top buyer of newbuildings
[Shipping]
Greek owners have been beat out by the Chinese as the top investors in new ships. They have spent $13.2bn on newbuildings over the past two years, as compared with $13.5bn by their Asian rivals, says shipbroker Clarksons. Also, despite changing e...
2010-11-30 08:55:11
Chinese duo win kamsarmaxes
[Shipbuilding]
Hong Kong-based Beibu Gulf Shipping has inked four more newbuildings at two Chinese shipyards, bringing the total number it has on order to eight. A Beibu Gulf executive said that Qingdao Beihai Shipbuilding Industry and Wuchang Shipbuilding Indu...
2010-11-30 08:49:28
Merger between Lloyd Werft & MWB?
[General]
Leading German shiprepair and conversion yard Lloyd Werft remains tight-lipped on details of a potential investment in the company by the main shareholder in rival Motorenwerken Bremerhaven (MWB). Managing director and chairman Rudiger Pallentin ...
2010-11-30 08:44:20
Gdansk to hire 500 more workers
[General]
Poland’s Gdansk Shipyard says it plans to hire 500 production workers over the next few months. Although it has diversified into wind farms and other steel constructions, Gdansk also has 11 contracts in its books for building the hulls of ships...
2010-11-30 08:40:54
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