SPP pens two 82K bulkers [Shipbuilding]
Polembros Shipping has ordered two kamsarmax bulkers at SPP Shipbuilding in South Korea, according to foreign media report. The owner is said to have inked two 82,000-dwt bulkers at SPP for a reported $35.5m each. Both units are slated for deliver...
2009-12-23 13:50:02
Mitsubishi new Moss-type design [Offshore]
Japan's Mitsubishi Heavy Industries has developed a new design for a Moss-type LNG carrier, foreign media reports. Nick-named Sayaendo LNGC - meaning "peas in a pod" - the 165,000-cbm vessel has a continuous tank cover instead of the independent s...
2009-12-23 13:41:29
Sungdong clinches 7-ship orders [Shipbuilding]
South Korean shipbuilding stalwart Sungdong Shipbuilding & Marine Engineering announced Wednesday that it has signed a total of seven-ship orders worth about $400m in less than a week starting from December 18th. Including options, the seven ships...
2009-12-23 12:03:59
STX builds €300m wind farms [General]
STX Business Group of South Korea has secured a EUR 300m wind farm development project in just about six months after it made inroads into wind power sector by acquiring STX Windpower (former Harakosan Europe). STX said Wednesday that it has signe...
2009-12-23 11:29:27
Brazil ship fund acts [Finance]
Brazil’s Merchant Marine Fund (FMM) is poised to inject its money for a slate of ship and shipyard construction deals, foreign media reports. The fund's board of advisers set funding in motion for six shipyard projects and the acquisition or con...
2009-12-23 07:46:06
Newcomer submits lowest price [Shipbuilding]
Petrobras shipping arm Transpetro confirmed Tuesday that the Promar Ceara shipyard is in the pole position to build eight LPG carriers for the Brazilian owner. The greenfield yard, backed by a major shareholder of Atlantico Sul Shipyard, offered t...
2009-12-23 07:41:51
Orderbook hot topic [Shipbuilding]
The hot topic on everyone’s lips in shipping and shipbuilding industry has been the mammoth orderbook, foreign media reports. It has become almost impossible to escape analysis of cancellations, slippage, postponements and the dire consequences ...
2009-12-23 07:36:20
Yards eyeing greener designs [Shipbuilding]
Asian shipyards are becoming more receptive to discussing new environmental technologies, foreign media reports. As the industry faces increases in bunker costs through reduced availability and the added surcharge from a market-based mechanism to ...
2009-12-23 07:31:45
STX wins $179m credit from China [Finance]
South Korean shipowner STX Pan Ocean has secured $179.5m in ship financing from Bank of China to fund its three bulk carriers on order at New Times Shipbuilding. An official from STX said that the owner had successfully signed the first-ever expor...
2009-12-23 07:26:59
Keppel pens third drillship upgrade [Offshore]
Keppel Offshore & Marine has clinched a third drillship upgrade contract from US shipowner Noble, boosting the orders from the owner in the last 30 days to $456m. Under the latest $152m contract award, the Singapore-based company’s Brazilian shi...
2009-12-23 07:22:58
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