Germanish running for wind farm vessel [Offshore]
Germany’s Hochtief Construction is negotiating with local shipbuilders to build a pair of high value-added wind farm installation vessels, communications chief Bernd Putter said. He confirmed the first of the “new generation” vessels should...
2010-05-25 08:16:06
Tebma future looks dicey [General]
India’s Tebma Shipyard faces an uncertain future after losing two key contracts while orders drought continues. Only a year ago, Tebma was looking to expand its facilities to become the top builder of offshore vessels in India but it is now desp...
2010-05-25 08:14:25
MPI pens wind farm vessels [Equipment]
Dutch shipowner Vroon’s offshore wind turbine installation subsidiary MPI Workboats has inked another two vessels. The company said a firm contract for a wind farm support aluminium catamaran has been signed, with an option for a sister vessel ...
2010-05-25 08:12:07
STX orders BC pair in China [Shipping]
Korea's STX Pan Ocean has taken over two bulker newbuildings, one capesize and a panamax, under construction at an unnamed shipyard in China, it said in a statement Monday. It said: “The purchase of the bulkers is to strengthen the company’s ...
2010-05-25 08:09:17
80% of tanker orders: Crude tankers [Shipping]
A flurry of activity in tanker newbuilding orders since the beginning of the year has been the norm so far, as shipowners appear more optimistic about the sector’s long-term prospects. This bullish sentiment has come hot from the heels of China...
2010-05-25 08:07:30
Delivery delays to persist in China [Equipment]
The delivery delay situation that has hit China’s shipyards is not expected to improve in the short term given the persistence of excessive tonnage in the market and shipowners’ continued liquidity woes. In a statement released last Saturday, ...
2010-05-25 08:04:25
Yangzijiang eyes Taiwan listing [Finance]
Singapore-listed Yangzijiang Shipbuilding is to seek a secondary listing in Taiwan in a bid to bolster its shareholder base. The yard is planning to list up to 100m new shares as Taiwan Depository Receipts (TDR). The listing of the new TDR sh...
2010-05-25 07:37:31
Chinese into LNG carriers [Offshore]
Two Chinese shipbuilders, Dalian Shipbuilding Industry Co and Jiangsu Rongsheng Heavy Industries Group, have announced that they would enter into the LNG carrier market. The domestic demand is predicted to reach 38 LNG carriers in 2010 and over 6...
2010-05-25 07:35:32
DSIC wins kamsarmaxes [Shipbuilding]
Dalian Shipbuilding Industry Co has signed a contract to build six 81,200-dwt bulk carriers for International Far Eastern Leasing. Newbuilding price and delivery dates are yet to be disclosed. The same client ordered four 24,000-dwt multi-purp...
2010-05-25 07:33:39
Hantong inks seven supramaxes [Shipbuilding]
China’s private sector shipyard Jiangsu Hantong Ship Heavy Industry has won an order for seven 57,000-dwt bulkers from a US shipowner. The order brings the number of handymax vessels on order at the shipyard to 16 vessels. The value of the ne...
2010-05-25 07:31:29
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