Hyundai wins most orders [Shipbuilding]
It has been known that the South Korean listed company with the biggest amount of orders signed this year was Hyundai Heavy Industries. On June 21st, the Korea Exchange announced that Hyundai Heavy Industries is the company with the biggest amount...
2010-06-22 07:12:23
Chinese deliveries double [Shipbuilding]
It was reported the output volume of new vessels in the Chinese shipbuilding industry increased rapidly by twice in the period between January and May this year, compared to the figure during the same period last year. On June 17th, according to t...
2010-06-22 06:59:14
Samho inks handysizes [Shipbuilding]
Samho Shipbuilding, located in Tongyoung city, South Gyeongsang province, South Korea, has signed contracts last week with Greek and Dubai shipowners to build four 35,200-dwt bulk carriers. Newbuilding price stands at $110m in total, Samho reveale...
2010-06-22 06:46:34
China keeps caution [Finance]
Last week China’s Ministry of Industry and Information Technology officially announced Chinese shipbuilding industry took the first place again during January to May, in terms of output, order intakes and orderbook. But experts said the amount of o...
2010-06-21 10:17:15
"Three Carriages" push COSCO Shipping [Shipping]
COSCO Shipping has realized the long-term significance of shipbuilding for shipping growth. As a result, the group ordered 18 MPPs and heavy lifters. By the end of 2010, 12 heavy lifters and four submersible ships will enter COSCO’s fleet. The capa...
2010-06-21 10:10:50
Greece gains investment from China [General]
China has signed 14 agreements with Greek during Chinese Deputy Prime Minister Zhang Dejiang’s visit. As is revealed, Greek shipyards will build serial boxships for China’s COSCO. Meanwhile, Greek will also export olive oil to China. A Greek o...
2010-06-21 10:09:25
Yangzijiang inks MPP quartet [Offshore]
UK-based Carisbrooke Shipping has booked four multipurpose (MPP) vessels of 8,500-dwt at Jiangsu Yangzijiang Shipbuilding in China. Sources familiar with the deal say the owner is paying around EUR 10.1m ($12.3m) each for the ships, which will be ...
2010-06-21 08:21:44
Setaf-Saget to cancel Pipavav bulkers [Shipping]
Setaf-Saget will soon begin cancelling its remaining three panamax bulkers on order in India despite efforts by Pipavav Shipyard to renegotiate deals with owners. Sources close to Setaf-Saget confirm that it still intends to drop contracts for th...
2010-06-21 08:20:12
Lamprell wins wind turbine install ships [Offshore]
Lamprell has won an order for up to two wind turbine installation vessels in deals potentially worth up to $258m. The order has been placed by Seajacks and involves one firm order with delivery due in 2012. The firm vessel, to be named Seajacks Za...
2010-06-21 08:17:34
Petrobras bars three yards from bidding [Offshore]
Two shipbuilding outfits have reportedly been knocked out of a race to build seven drillships for Petrobras. Niteroi-based STX Brazil Offshore and Brazil's Engevix have been disqualified from the first phase of a 28-unit deepwater drillrig tender...
2010-06-21 08:14:42
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