Zhenhua delivers pipelay ship to MCS [Shipbuilding]
On July 20th, Zhenhua Heavy Industry delivered a heavy lift pipelay ship, namely MV FORTUNA, to MCS from Luxembourg. It is the first pipelay ship that Chinese builder delivered to foreign shipowner successfully. In July 2009 Zhenhua has deliver...
2010-07-22 10:02:57
Keppel wins S$170m Brazilian deals [Offshore]
Keppel Offshore & Marine Ltd, through Keppel Shipyard and Keppel FELS Brasil, has secured two contracts totalling S$170 million from repeat customers for the conversion of a Floating Production Storage and Offloading (FPSO) vessel and repair of a sem...
2010-07-22 08:31:44
India approves three new yard projects [Shipbuilding]
The state government on Monday said it has approved three projects, worth Rs 1,070 crore, for development of shipbuilding yards, off Gujarat coast line. “The three projects have been approved by the Board, which include yards along the north ba...
2010-07-22 08:30:29
Ukraine yards' H1 output jumps [Shipbuilding]
The volume of production in the shipbuilding industry of Ukraine during the first six months of 2010 increased by 36.2%, up to UAH 1,561,500m (about $198m) as compared with the same period in 2009, the Ukraine Ministry of Industry Policy said. Kh...
2010-07-22 08:27:31
Azerbaijani to order tankers [Shipping]
Azerbaijan State Caspian Sea Shipping Company intends to place an order for the construction of new oil tankers with the following main characteristics: Purpose A self-propelled oil-loading vessel of the first restricted area of navigation, designed ...
2010-07-22 08:25:25
Yangzijiang inks ten ships [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) says it has won orders for ten newbuildings worth $234.1m in the second quarter of 2010. The contracts lift the Singapore-listed shipbuilder’s order backlog to 124 ships worth around $5.2bn as of 30 June 2010...
2010-07-22 08:21:16
Wartsila warns of sales drop [Equipment]
Engine manufacturing giant Wartsila has warned that annual sales could tumble up to 20% as profit slipped in the second quarter. The Finnish outfit does, however, see newbuilding activity increasing through the year with power plant orders also s...
2010-07-22 08:19:52
Box rebound could weaken [Shipping]
Recovery in the container shipping market could be derailed by a record number of containership newbuilding deliveries, Alphaliner warns. A whopping 200,000-teu of fresh capacity is set to hit the water this month, taking the total figure for new...
2010-07-22 08:17:08
MHI Kobe gives up merchant ship [Shipbuilding]
Fears over a lasting order drought have forced Mitsubishi Heavy Industries to pull the plug on commercial shipbuilding at its yard in Kobe. Japan’s second largest shipbuilder says activity at Kobe Shipyard & Machinery Works will be scaled back ...
2010-07-22 08:14:57
NOL orders 10+2 at DSME [Shipping]
Singapore-based Neptune Orient Lines (NOL) is splashing out $1.2bn on 12 containership newbuildings at Daewoo Shipbuilding & Marine Engineering (DSME), it confirmed in a late announcement to the city’s bourse. NOL revealed its plans to build th...
2010-07-22 08:10:54
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