CSBC: No hurry for new orders [Shipbuilding]
General Manager Tan Taiping of Taiwanese CSBC currently expressed that the shipbuilding market was turning better but the price was raised by just 10%. The climate might become clear at the end of next year. The orderbook was extended to 2013. So, no...
2010-11-12 10:02:55
China: Overall loss from 2013? [Shipbuilding]
Statistics from China Association of the National Shipbuilding Industry (CANSI) showed in the past three quarters the newbuilding output and order kept rising sharply. However, the CNY appreciation influenced the ship industry. The ship price clearly...
2010-11-12 10:02:27
Deawoo christens drillship duo [Offshore]
Korea's Daewoo Shipbuilding & Marine Engineering had a naming ceremony in the H quay wall of Okpo bay in Geoje on 11th, November for two drillships ordered in 2008 by Odebrech, the biggest engineering & construction company in Brazil. About 100 p...
2010-11-12 09:56:04
Hanjin union members out on strike [General]
The labor union at Hanjin Heavy Industries & Construction (HHIC) has entered into a strike for an indefinite period on 9th, November since it has had conflicts with the company for months on the matters of a wage agreement and restructuring. At o...
2010-11-12 09:32:31
21C Shipbuilding builds new site [General]
21st Century Shipbuilding, a shipbuilding company of middle standing in Korea, has begun to create a new factory site in Geoje. According to the news released in Geoje, the company is constructing a factory site, which is permitted to build a fac...
2010-11-12 09:20:01
Samsung buys 8,000t floating crane [Equipment]
Korea's Samsung Heavy Industries (SHI) purchased a 8,000-ton class floating crane from Shanghai Zhenhua Heavy Industries (ZPMC) in China on November 8th. Named 'Samsung 5 Ho', it is the biggest in size in Korea, with 170m x 67m. Jib Boom, arms of ...
2010-11-12 09:08:50
Upturn in Shipbuilding to Continue [Shipbuilding]
The growth rate of stock prices of Korea's shipbuilding companies exceeded that of KOSPI Index in 2010, thanks to an improvement in newbuilding order intakes. Shares of STX Offshore & Shipbuilding and Hanjin Heavy Industries & Construction soared...
2010-11-12 08:50:47
Subsea7 wins $18m Petrobras deal [Offshore]
Engineering company Subsea7 said Thursday that it has won an $18m contract, through its i-Tech division, from Brazil’s Petrobras for remotely operated vehicle services onboard a newbuild ultra-deepwater drillship. The contract is for five years...
2010-11-12 08:21:17
Petrobras inks $3.46bn FPSO order [Offshore]
Brazilian operator Petrobras said on November 11th that it has made a $3.46bn order with Brazil’s Engevix Engenharia for eight hulls for floating, production, storage and offloading vessels to be used for development of pre-salt discoveries off Bra...
2010-11-12 08:14:59
STX PO to order $1bn new ships [Shipbuilding]
STX Pan Ocean plans to invest $1bn in general cargo vessels and kamsarmax bulkers. The company said it would be buying an undisclosed number of open-hatch general cargoships and kamsarmax bulkers for delivery between 2012 and 2014. The Korean...
2010-11-12 08:12:48
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