Four shipyards offer stakes to SCI [Finance]
Four shipbuilding companies have offered stakes to state-owned Shipping Corporation of India’s (SCI) in their shipyard business — Pipavav Shipyard, Bharati Shipyard, ABG Shipyard and Goodearth Shipbuilders. SCI had sought expressions of inter...
2010-10-11 07:24:53
Ananda in green scrap move [General]
Bangladesh’s largest shipbuilder is teaming up with a Dutch based venture to develop a domestic “green” recycling facility. The Ananda Group has entered into a joint venture with ship recycling specialist Greendock to develop the facility. ...
2010-10-11 07:22:38
DKB eyes shipyard move [General]
Indonesian state shipyard Dok & Perkapalan Kodja Bahari (DKB) is to focus more on shiprepair as it moves to a bigger site. DKB president director Riry Syeried Jetta told reporters repair could be more feasible than shipbuilding. “Constructing a...
2010-10-11 07:19:10
Longxue signs LOI for 206K BCs [Shipbuilding]
Beijing-headquartered Sinotrans Shipping has inked a letter of intent with Guangzhou Longxue Shipbuilding for a series of 206,000-dwt capesize bulkers for delivery from the end of 2012. Sources say Sinotrans has signed up for three vessels and ha...
2010-10-11 07:16:07
Catic wins first order of 2010 [Shipbuilding]
China’s Taizhou Catic Shipbuilding Heavy Industries has bagged an order for two kamsarmax bulkers valued at $68m in total in its first contract this year. Germany’s Rudolf Oetker is being linked to the order by sources, although the Hamburg-b...
2010-10-11 07:13:35
SWS inks 206K BC pair [Shipbuilding]
Classic Maritime of Monaco has been revealed as having ordered a pair of 206,000-dwt bulkers at Shanghai Waigaoqiao Shipbuilding (SWS) in China. Principally known as an operating company, the deal marks George Economou-backed Classic’s first fo...
2010-10-11 07:08:22
STX France to win luxury cruiseship [Offshore]
Germany’s Hapag-Lloyd Kreuzfahrten is said to be mulling ordering another luxury cruiseship. Industry sources say the cruise operator is sniffing around yards in Europe for a 30,000-gt deluxe cruiseship to pair with its 29,000-gt Europa (built ...
2010-10-11 07:06:13
Daewoo delays LNG carrier deliveries [Offshore]
A Taiwanese player is said to be having trouble making the final payments on a pair of completed LNG-carrier newbuildings. Nobu Su’s Today Makes Tomorrow (TMT) is struggling to make the final payments on two undelivered LNG-carrier newbuildings...
2010-10-11 07:03:15
Korea to lose Greeks ? [General]
The announcement by Chinese prime minister Wen Jiabao of a $5bn fund to support Greek shipbuilding projects at Chinese shipyards and the signing of a series of landmark ship-finance deals during his recent visit to Athens may come as a wake-up call t...
2010-10-11 07:00:26
Canada: Tax reduction on foreign ship purchase [Shipping]
Jim Flaherty, who is Canadian Finance Minister, said on October 1st that to set up modern fleets, Canadian government was considering tax exemption partly on foreign ship purchase, as much as 25%. The policy would be issued and become effective in ...
2010-10-11 01:34:21
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