Big 4 new orders surge [General]
Korean 'Big 4' shipbuilders have won more-than-expected new orders in the first half of the year through diversified sales strategies. Hyundai Heavy Industries contracted $7bn worth of new orders in the period for 47 ships and four offshore and in...
2010-07-08 06:39:05
HHI names 10 a week [Shipbuilding]
The world's No. 1 shipbuilding company Hyundai Heavy Industries has christened as many as ten ships last week, the largest number of ships named in a week on record. HHI said Tuesday that including a pure car / truck carrier named on June 28th for...
2010-07-07 12:26:48
COSCO announces no acquisition plan [Shipping]
General Zhang Liang of COSCO expressed the group owned the largest dry/bulk cargo ship fleet in the world. So, it’s no sense to launch any acquisition plan while the toughest time has passed. He said the financial crisis that broke out in 2008 d...
2010-07-07 10:09:45
Chinese also to face "Green ship" [Equipment]
According to statistics from CANSI and Clarkson, during January to May the newbuilding output of China reached 23.7m dwt with 94.9% growth against a year earlier. Meanwhile the output of Japan and Korea came up to 13.45m dwt and 18.32m dwt respective...
2010-07-07 10:09:09
New order? Hijack? [General]
According to Clarkson statistics, the amount of global new orders reached the highest level of 114ship in April since 19 months ago. Clarkson thought the price reduction of Asian shipbuilders was the main power for order increasing. Meanwhile, China ...
2010-07-07 10:08:16
Kleven inks MPSV [Offshore]
Meling Supply of Norway has turned to Kleven Maritime for the outfitting of a multifunctional platform supply vessel (MPSV) newbuilding. Meling will pay NOK 375m ($58.44m) for the yard to complete the VS 485 design ship. The hull will soon be...
2010-07-07 07:26:37
Cosco bulker orders come into effect [General]
Two dry-cargo newbuildings at Cosco Corp (Singapore) have been firmed up after the shipowner paid an initial deposit. The 82,000-dwt vessels which became effective today were part of a $440m haul revealed by the listed yard last month. Gleamr...
2010-07-07 07:24:25
Idle boxships keep shrinking [Shipping]
Another 18 vessels have been removed from the idle containership tally as rising demand continues to soak up both laid-up ships and a rush of newbuildings. At present 174 boxships are sitting, down from 192 a couple of weeks ago, Alphaliner says....
2010-07-07 07:21:30
Eidesvik inks LNG PSV [Offshore]
Eidesvik Offshore has splashed out nearly $70m for a platform supply vessel (PSV) newbuilding at Kleven Maritime. It also has an option for a second VS 489 LNG design vessel at the same yard, according to statements released this morning. Eid...
2010-07-07 07:19:42
CMA CGM sets July deadline [Shipping]
CMA CGM has set itself a target of the end of this month to finalise much-needed financing with external investors. The French liner company also boasted of a much-improved first-quarter result and is looking forward to an even stronger second pe...
2010-07-07 07:18:25
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