Korean yards in check [Finance]
Korean shipbuilding industry is facing challenges as Europe, China and Japan endeavor to prevent it from continuing to be the leading shipbuilding power. Europe is now seeking to protect their niche market such as cruiseships and offshore speciali...
2010-05-25 06:54:39
Orders hit 15-month high [General]
New ship ordering activity continued to strengthen last month with new orders reaching 15-month high in April. According to Clarkson Research Services' monthly report released last week, April new ship contracts came up to 114 ships (69 bulkers an...
2010-05-25 06:52:54
Croatia gets four bids for yard sale [Finance]
Croatia has received four bids for three of the indebted shipyards it offered for sale as a major precondition for progress in its European Union accession talks, the government said on Wednesday. Three bids came from local companies, while Crown...
2010-05-24 07:50:46
Hanjin to sell CMA CGM newbuilds [General]
Greek interests are among a handful of potential buyers eyeing the panamax boxship newbuildings ordered by CMA CGM that are back on the market. Hanjin Heavy Industries & Construction is reported to have approached a number of bidders for four 3,6...
2010-05-24 07:48:25
Russia eyes top 10 shipbuilding powers [General]
Russia will enter the top ten largest shipbuilding countries by deadweight tonnage of ships built in the next 2-3 years, local media reported quoting Dmitry Mironenko, Deputy Director General of the United Shipbuilding Corporation (USC), who was spea...
2010-05-24 07:46:25
Shin Kurushima grabs bulker orders [Shipbuilding]
More signs are emerging of an order revival at Japanese shipyards that were left out of the market for the past two years. Shin Kurushima Dockyard’s Toyohashi Shipbuilding has won an order for four 78,000-dwt bulkers from NYK with delivery in 2...
2010-05-24 07:42:45
Wilmar orders 12 kamsarmaxes [Shipping]
Wilmar International, the Singapore-based trading company, looks set to order up to 12 Kamsarmaxes in China in deals worth almost $400m. The company has ordered four firm 82,000-dwt bulkers for $127.6m with deliveries expected to take place by th...
2010-05-24 07:40:53
Rongsheng wins 5 tankers [Shipbuilding]
Greek shipowner George Economou has progressed a stage further than brokers have suggested with a quintet of big tanker orders in China, it has emerged. His Cardiff Marine management company has now signed letters of intent with Jiangsu Rongsheng...
2010-05-24 07:38:59
Drydocks wins $110m order [Offshore]
Drydocks World has secured its third order from Singapore-based subsea contractor Hallin Marine with a $110m deal to build an oil well intervention compact semi-submersible vessel. The 8,200 dwt diesel-electric powered vessel has been designed by...
2010-05-24 07:35:25
DSME signs kamsarmax duo [Shipbuilding]
Hong Kong-based dry-bulk owner KC Maritime has booked two 82,000-dwt kamsarmaxes at Daewoo Shipbuilding & Marine Engineering in Korea for delivery in 2011 and 2012. “This is the first time KC Maritime has ordered ships at Daewoo,” said a sour...
2010-05-24 06:48:19
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