Navios purchases seven tankers [Shipping]
Latest sources showed Piraeus-based Navios Maritime Acquisition Corp (NNA) expressed that they purchased seven large tankers from private shipowners at $587m. Those tankers have been chartered by several private or state-owned oil companies. The o...
2010-09-14 01:05:28
China beats Korea in August [General]
According to Clarkson statistics, in August global newly-built ships were signed at 7.07m dwt, namely 34.4% month-on-month decrease. In the past four months, the monthly new orders exceeded 10m dwt consecutively. Chinese shipbuilders took 4.6...
2010-09-14 01:04:39
SHI establishes 'Smart Shipyard' [Equipment]
South Korea's Samsung Heavy Industries clinched an agreement with KT, an integrated wired/wireless telecommunication service provider, on September 13th to set up the WiBro network at its Geoje Shipyard by the end of this year. By establishing a w...
2010-09-13 14:19:55
STX-built OCV wins 'Ship of the Year' [Offshore]
The offshore construction vessel (OCV) SKANDI AKER built by STX Norway Offshore, the offshore & specialized vessel division of STX Europe, has been named 'Ship of the Year 2010' at the SMM Trade Show, Hamburg, Germany. The SKANDI AKER can conduct...
2010-09-13 11:58:42
Hellenic Shipyards sale delayed [General]
German engineering group ThyssenKrupp and the Greek government are again locked in talks over the future of Hellenic Shipyards, after a solution for the future of the yard had seemed certain on Tuesday. Athens on Tuesday initialled the 25,000-page...
2010-09-13 08:07:28
China builds shipyard in Fujian [General]
China is building a CNY2bn ($290m) shipyard in Fujian province which will be used for shipbuilding and repairs. The dockyard, located in Luoyuan Bay, will comprise four docks. The yard will have the capacity to fix 250 ships a year and is schedul...
2010-09-13 08:05:11
Bangladesh takes toxins out of scrapping [General]
A Dutch engineering company is trying to make safer the dangerous job of dismantling old ships contaminated with chemicals - by building the world’s first “green dock wharf” in Bangladesh. Bangladesh has long been a final destination for de...
2010-09-13 08:02:57
China banks back Vale VLOCs [Finance]
Brazilian mining giant Vale has inked a $1.2bn loan agreement with a pair of Chinese lenders that are on the fringe of financing the company's order for 12 very large ore carriers (VLOCs). The Sao Paulo and New York-listed dry-bulk player says Th...
2010-09-13 08:00:58
SPP B/C delivery pushed back [Shipbuilding]
Italian bulker and tanker owner Premuda is rescheduling its bulker-newbuilding program. The Genoa-based company has pushed back the delivery of three of its five remaining handysize bulkers on order at South Korea’s SPP Shipbuilding. Two units ...
2010-09-13 07:57:48
18,000TEU Ultra-Large Boxship Coming [Shipping]
Shipyards are discussing constructing boxships of 18,000 teu as owners focus on greater economies of scale. The container industry is looking at building even larger ships, says Germanischer Lloyd (GL). Owners are discussing with yards 18,000...
2010-09-13 07:15:16
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