China builds first super clean tanker [Shipbuilding]
A 7,500-tonne oil tanker for transporting liquid chemicals, the first super clean vessel for such a purpose ever built in China, has been delivered to the ship-owner in the Netherlands. Built by Jiangsu Ganghua Shipyard Co. Ltd. in Taixing in eas...
2010-06-21 08:11:34
HHI new orders surpass $7.5bn [Finance]
The amount of new orders received by Hyundai Heavy Industries up to May this year was $7.5bn, which was much higher than that in the same period of last year. However, it seemed that the sales became a little lower, as the amount of work in the s...
2010-06-21 07:12:54
POSCO adopts batch supply system [Equipment]
South Korea's largest steel maker POSCO has launched the ‘Batch Order-Supply Method for Each Vessel Unit" in order to produce and supply all the steel plates en bloc, required for the construction of each vessel and offshore plant, regardless of th...
2010-06-21 07:00:25
Marine equip output down 18% in Japan [Equipment]
According to the Ministry of Land, Infrastructure, Transport and Tourism in Japan, the output of the shipbuilding equipments from January to December in the year of 2009 is found to be JPY 1.1123trn ($12.27bn), decreasing by 18% compared to the same ...
2010-06-21 06:51:39
DSME expands service biz [General]
South Korea's Daewoo Shipbuilding & Marine Engineering is currently expanding its service businesses by entering the tourism and restaurant industries. WELLIV Corporation, which is a subsidiary of DSME, has recently acquired the travel agency cal...
2010-06-21 06:42:09
STX rolls out 'Norwegian Epic' [Shipbuilding]
STX Europe said its French unit Saint-Nazaire shipyard has successfully delivered the 150,000-gt cruiseship Norwegian Epic on June 17th. The vessel with a length of 330 meters and a breadth of 41 meters, ordered by Norwegian Cruise Line in 2006, i...
2010-06-21 06:33:23
Newbuild Price Uptick Continues [Shipbuilding]
Global newbuilding orderbook, fresh orders and newbuilding deliveries all decreased month-on-month in May but Clarkson Newbuilding Price Index alone continued to pick up. According to data compiled by Clarkson Research Services, as of June 1st new...
2010-06-21 06:30:55
JUDGER invests $14.7m in ship fund [Finance]
On June 11th Chinese JUDGER group announced it signed with Tianjin Ship Industry Investment Fund, to invest $14.7m in the fund. Meanwhile JUDGER will splash out $44m for shipbuilding as well. As is reported earlier, Tianjin is stepping up to becom...
2010-06-18 10:20:48
Interorient gains $64.71m loans [Finance]
On June 7th, China Eximbank signed buyer credit export contract with Interorient in Cyprus, with two 115,000-dwt bulk carriers totaling $64.71m. The ships were built by China’s New Century Shipbuilding. China Eximbank offered financing support b...
2010-06-18 10:20:07
Fujian output value hit $176m [Shipbuilding]
According to official statistics, Fujian finished newbuilding of 31 ships and repaired 101 ships, with gross industrial output value of CNY1.2bn ($176m). The export value took CNY718m. The revenue and profit reached CNY797m and CNY23.8m respectively....
2010-06-18 10:19:20
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