Order-intake 'for a living' ends [Equipment]
South Korean shipbuilders now seem to have stable order backlogs and financial status after they won increased new orders so far this year. Seoul-based Daewoo Securities said the shipbuilding companies would slow down winning new orders in the sec...
2010-08-30 07:04:39
HHI wins VLGC pair [Offshore]
Hyundai Heavy Industries has reportedly inked a contract with Bermuda-based Petredec to build two (including one optional ship) very large gas carriers. Newbuilding price is said to be $76m per ship for delivery in 2012-2013. It is in two years...
2010-08-30 06:49:59
Hyundai revenue up 4.51% [Shipbuilding]
Hyundai Heavy Industries posted revenue of KRW 1.6537trn ($1.382bn) for July, up 4.51% against a year ago. Revenue for January-July period totalled KRW 12.2953trn, edging down 0.9% from a year earlier. The South Korean shipbuilder has secured $...
2010-08-30 06:43:02
China inland shipping faces golden time [Shipping]
An Executive Meeting of the State Council was held by China’s Prime Minister Wen Jiabao on 25th, to research on development on Chinese inland shipping. The government intended to establish a smooth, efficient, safe, green and modern inland shipping...
2010-08-30 01:09:55
COSCO: Go forward in fluctuation [Shipping]
Wei Jiafu, Chairman of China’s COSCO Group, recently announced on results conference he still held optimistic point on the shipping market in the second half year although people were worried about the fluctuation and the growth might be slowed dow...
2010-08-30 01:09:10
Conservative views spread [General]
The shipping lines began to self-help and unite together since financial crisis broke out. So far it seems excellent. At least the container shipping industry stepped out of recession successfully. However, experts still held conservative views on...
2010-08-30 01:07:42
DNV launches ECA Survival Kit [General]
DNV has launched an ECA (Emission Control Area) Survival Kit to help shipping companies and shipbuilders prepare for upcoming ECA regulations. Emission Control Areas have already been established in the Baltic Sea and the North Sea, and will be en...
2010-08-27 15:10:17
HMD pens handy pair [Shipbuilding]
Hyundai Mipo Dockyard has inked two handysize bulkers with Hong Kong's Chellaram Shipping. Brokers say that Chellaram has contracted two 37,000-dwt vessels for delivery during the first quarter of 2012. Chellaram director and chief executive ...
2010-08-27 11:25:19
Senhe wins OSVs order [Offshore]
Jiangsu Senhe Shipbuilding has signed a contract with Singaporean CPC to build two 88-meter OSVs totaling over CNY1.0bn ($147m), to be delivered in June 2011. As is introduced, the 88-meter OSVs will be built to IMO standards. CPC expressed they h...
2010-08-27 11:19:12
HHI secures suezmax [Shipbuilding]
Hyundai Heavy Industries has reportedly won an order from Turkey’s Densa Denikcilik for two 159,000-dwt tankers for delivery in the first half of 2012. Densa is said to have booked the two suezmax tankers at HHI and is also close to finalizing a...
2010-08-27 11:17:00
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