Ship demolition plunge [Equipment]
A total of 54 vessels were reported to have headed to the scrap yards equaling to a total deadweight of 1.787.428 tons, indicating a negative monthly change of 31.6%, a report from Golden Destiny said. In July 2009, 57 vessels reported to have he...
2010-08-12 09:59:14
Sovomflot takes Leningrad-built tugboat [Equipment]
The third tugboat, constructed at the Leningrad Shipyard Pella for Sovcomflot, has been delivered to the Customer. The vessel will be soon launched, the company press release said. An earlier report said the Dobrynya was designed to operate in North-...
2010-08-12 07:54:01
Fredericia sells floating dock [Equipment]
Fredericia Shipyard has sold its Panama floating dock to a Turkish buyer, which took over the dock in Fredericia at the weekend. Shortly afterwards, it was towed away by the Italian anchor handler Carlo Martello, bound for Yalova in Turkey on a 30-da...
2010-08-12 07:50:27
Namura net profit drops [Finance]
Namura Shipbuilding saw first-quarter net profit plummet despite sales remaining steady. The Japanese yard has, however, set its sights on an improved performance over the course of the year as it kept its profit forecast intact. Net profit f...
2010-08-12 07:45:45
Bharati profit falls on interest [Finance]
Soaring interest expenses hammered Bharati Shipyard in the first quarter as profit dropped despite sales growing. Total expenditure was also well ahead at the Indian shipyard which did, however, report a reduced tax bill. Net profit for the t...
2010-08-12 07:43:25
STX wins AHTS pair [Offshore]
Norway's Dof has put pen to paper on an order for two anchor-handling tug supply (AHTS) newbuildings at STX. Confirmation of the deal comes only a couple of weeks after Dof landed a huge NOK 5.2bn ($862m) charter for four AHTS units with Petrobras...
2010-08-12 07:39:09
CSBC faces smaller profits [Finance]
Taiwan’s largest shipbuilder CSBC said profitability may fall this year as it works through low-margin orders placed by government-owned companies during the global recession, Bloomberg reports. “There’s no money to be made from these contra...
2010-08-12 07:31:33
Chengxi inks 10 BC's [Shipbuilding]
China’s Chengxi Shipyard has inked an up to $514m contract with Canada Steamship Lines to build 10 self-unloading bulk carriers. Self-unloading equipment adds about $16m-$18m to the cost of the newbuildings over a straight traditional bulker, sa...
2010-08-12 07:24:27
Toei orders reefer newbuilding [Shipping]
Japan's Kurinoura Dockyard has inked a newbuilding contract with compatriot Toei Reefer Line to build one reefer. The 160,000-cbf ship will be delivered by September 2011. Newbuilding price is said to be around JPY 1.7bn ($19.83m). It is Toe...
2010-08-12 07:15:17
Worries behind World No.1 [General]
It is the first time for China to take the place of Korea’s championship in shipbuilding industry since seven year ago. However, experts thought it was just the beginning and China’s No.1 would not be sustainable. Ten years ago, the World No.1...
2010-08-12 01:34:07
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