New orders jump: Tankers & Bulkers [Shipping]
Global newbuilding orders shot up by 200% in the first nine months of 2010, figures from Clarksons show. Both tankers and bulkers saw a surge in the number of new contracts placed, with China, South Korea and Japan predictably the main beneficiar...
2010-10-12 07:22:43
Dongfang inks stainless tankers [Offshore]
On October 7th 2010, China’s Dongfang Shipbuilding signed a contract with Singaporean shipowner to build six stainless chemical tankers worth $180m in total. The tankers will be built in Zongyang base of Dongfang Shipbuilding. All tankers en...
2010-10-12 01:03:01
To grow through fluctuations [Shipping]
How the shipping market will go is a hot topic, especially entry into post-crisis period. ‘Regarding the shipping market in future, I think it will develop through fluctuations while the rectilinear rise is not so realistic,’ said Wei Jiafu w...
2010-10-12 01:02:33
HNA invests $1.49bn for shipbuilding [Equipment]
China’s Hainan Airlines, a leading subsidiary of HNA Group, recently signed investment agreement with local Yangpu Economic Development Zone. As is known, Hainan is the largest oceanic province and economic special zone in China, Hainan Airline...
2010-10-12 01:01:59
SPP orders reach $1.5bn [Shipbuilding]
South Korea's SPP Shipbuilding and SPP Plant & Shipbuilding announced today that it has inked new orders for 15 ships (including four optional ships) worth about $660m in total early this month. The 15 newbuildings contracted with Korean, Turkish ...
2010-10-11 15:45:14
Orders shoot up 171% by Q3 [Shipbuilding]
Global new ship orders placed during the first nine months of this year came in at 23.54m cgt, up 170.7% against the same period of last year, statistics released by South Korea's Ministry of Knowledge Economy and the Korea Shipbuilders' Association ...
2010-10-11 12:59:41
Output increases 23%: China [Equipment]
China's shipbuilding industry reported output valued at 424.8 billion yuan ($63.67 billion) in the first eight months of this year, up 23.4 percent year-on-year. However, the growth rate is 10.3 percent lower than the previous year, according to ...
2010-10-11 09:33:46
Ulstein gets DSME project [Equipment]
Ulstein Group's Netherlands based design company, Ulstein Sea of Solutions (USOS), has been awarded a contract for further engineering of a deepwarer construction vessel for Heerema that is to be built by South Korea's Daewoo Shipbuilding and Marine ...
2010-10-11 07:31:45
New guidance notes on BWTS [Equipment]
Classification society Lloyd's Register has issued new guidance notes to help shipowners and operators who are preparing to install ballast-water treatment systems (BWTS) on their ships, offering advice on the procurement, installation and operation ...
2010-10-11 07:29:38
Abu Dhabi owner eyes $400m expansion [Shipping]
Abu Dhabi's National Petroleum Construction Company (NPCC) is to invest over $400 million to expand its fleet of marine vessels, the company's ceo said last week. "NPCC awarded two anchor handling tugs to Lingshan Shipyard in China. The first anch...
2010-10-11 07:27:12
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