CSBC orderbook extended to 2013 [Shipbuilding]
CSBC Corporation, the largest shipbuildder in Taiwan, confirmed the group’s orderbook has been extended to 2013. Currently CSBC is still negotiating on compatriot Evergreen’s potential 12-unit boxships order. On May 27th, CSBC just signed ...
2010-05-31 10:09:30
China’s headache [Shipbuilding]
In the view of Wang Jinlian who is Secretary of China Association of the National Shipbuilding Industry (CANSI), China still has a long way to go although the country has been recognized as undisputed shipbuilding country. The low labor cost and a...
2010-05-31 10:08:53
Aker secures DSME double [Equipment]
Norwegian oilfield services player Aker Solutions said it has won two contracts, worth $180 million, with Daewoo Shipbuilding & Marine Engineering (DSME) for delivery of two drilling equipment packages. The workscope includes delivery of complete dri...
2010-05-31 07:41:38
FLNG coming true [Offshore]
Floating LNG concept is now becoming a reality but the hurdles — not least low LNG prices — are many. Last year, both energy major Shell and Brazil’s Petrobras signed up for front-end engineering and design (FEED) work for giant LNG...
2010-05-31 07:36:15
Rongsheng eyes LNG debut [Offshore]
A doubling of LNG imports to China is good news for a potential newcomer. Chinese shipbuilder Jiangsu Rongsheng Heavy Industries wants to make a break into LNG-carrier construction as the country’s yards wake up to the business potential offere...
2010-05-31 07:32:21
Lomar inks first newbuilding [Shipbuilding]
Lomar Shipping & Management of Greece has placed its first newbuilding order. Lomar boss Captain Charalambos Loudaros says the company has signed an order for one 114,500-dwt bulker plus one option at state-owned Shanghai Shipyard in China. L...
2010-05-31 07:30:48
Bohai wins six suezmaxes [Shipbuilding]
Turkey’s Ciner Group has made another leap in its rapid expansion, signing a letter of intent to build up to six suezmax tankers at a Chinese shipyard that could push up its newbuilding spend to as much as $618m. The group is booking four firm ...
2010-05-31 07:27:45
Golden not cancelling Pipavav pax. [Shipping]
Golden Ocean has settled its long-running dispute with India’s Pipavav Shipyard over a series of six panamax bulker newbuildings. It has agreed to construct four vessels at a price of $31m each, and convert the remaining two contracts into purc...
2010-05-31 07:22:30
Ship finance takes little hit [Finance]
The eurozone crisis is unlikely to adversely affect ship finance lending and the ability of owners to take delivery of the ships they have ordered, according to Anastasios Margaronis, president of New York-listed Diana Shipping. Mr Margaronis told...
2010-05-31 07:19:58
Zim cuts losses [Shipping]
Israeli line Zim Integrated Shipping Services remained in the red in the first quarter of 2010 despite cutting ship charter costs by about a third. Losses narrowed to $82m from $119m in year earlier and $143m in the final three months of 2009. ...
2010-05-31 07:17:03
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