Shipyard investment cancelled [Shipbuilding]
Turkey’s Besiktas Shipping Group, a company active in shipbuilding, repairs and maintenance services, has canceled plans to construct a shipyard in the Adana-Yumurtalık Free Trade Zone. The company, which started work on plans to construct the...
2010-01-06 06:13:30
$17m DSV newbuild order [Offshore]
Oceaneering International has reportedly ordered a dive support vessel (DSV) at an unnamed US shipyard. The Houston-based offshore vessel owner says the 61-by-14-metre newbuilding will be costing $17m. The owner did not identify the yard but ...
2010-01-06 06:10:16
Tycoon returns to Daewoo [Shipping]
Greece’s largest shipowner Angelicoussis Shipping Group may be poised for a return to ordering newbuildings, signaling life is at last returning to the newbuilding market. The shipping group, which includes a dry bulk division under Anangel Mar...
2010-01-06 06:07:42
Japanese edge ‘maritime cluster’ [Shipbuilding]
Chairman of the Shipbuilders’ Association of Japan (SAJ) Takao Motoyama said in a new-year interview with Japanese newspaper Kaiji Press that Japanese yards will be able to bear current difficulties because they had already survived a pair of shipb...
2010-01-06 05:42:09
Samkang inks $3.5m pipe orders [Equipment]
South Korea’s Samkang M&T clinched its first order in 2010. The shipbuilding steel pipe manufacturer said Tuesday that it has signed a $3.495m contract with UAE’s National Petroleum Construction Company (NPCC) to supply steel pipes for offshor...
2010-01-05 16:01:50
Hyundai focuses on plant orders [Offshore]
South Korea’s Hyundai Heavy Industries is focusing on securing orders for onshore plants from the Middle East by setting 2010 management key words as ‘Innovation & Challenge’. The world’s largest shipbuilder plans to enhance company operat...
2010-01-05 14:49:03
Sino secure No.1 order volume [Shipbuilding]
Chinese shipbuilders seem to have surpassed South Korean rivals in terms of new orders last year and South Korea’s world’s No. 1 position appears at risk. Morgan Stanley, however, said South Korean yards have ample order backlog and the situat...
2010-01-05 14:08:32
CMA CGM board meeting fixed [General]
The newly elected board of French container shipping group CMA CGM will meet for the first time on January 18th to officially elect its chairman and appoint a new chief executive. Group founder Jacques Saadé is set to become chairman of th...
2010-01-05 07:36:11
Offshore orderbook fear [Offshore]
A huge uncommitted orderbook is casting a dark shadow over an already oversupplied offshore supply vessel sector. Anchor handling tug supply (AHTS) vessel deliveries are set to jump by 84% compared with 2009 and 90% of the ships do not have a lon...
2010-01-05 07:33:41
German yard in €48m aid [Finance]
German shipbuilding group Hegemann has cleared the way to take up urgently needed loans and appointed a trustee, who will manage half of the shares of owner Detlef Hegemann, foreign media reports. The appointment of an independent trustee has bee...
2010-01-05 07:31:12
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