Samho signs four handysizes [Shipbuilding]
Samho Shipbuilding, located in Tongyoung city, South Gyungsang province, South Korea, has signed a contract with Turkish shipowner Ciner on December 18th to build four 35,200-dwt bulkers. An official from the shipbuilder said the value of the cont...
2009-12-21 06:23:37
Seko $100m order in need of RG [Finance]
South Korean shipbuilder Seko Heavy Industries said Friday that it has signed a contract on December 17th with German shipowner to build four 34,000-dwt bulkers for about $100m. It took about 18 months for German shipowners to resume ordering newb...
2009-12-18 16:16:35
Samjin delivers second handysize [Shipbuilding]
South Korean emerging shipbuilder Samjin Shipbuilding Industries (SSI), located in Weihai, Shandong, China has named one 34,000-dwt bulk carrier on December 14th and delivered it to KP08 International Limited on December 18th. This is the second h...
2009-12-18 15:20:48
Cargotec best cargo handling system [Equipment]
The Siwertell ship unloader offered by Cargotec has won this year’s International Bulk Journal’s (IBJ) best ship loading/unloading system award. There were four other systems short-listed as finalists by IBJ, but the organisation judged the S...
2009-12-18 14:41:19
Daewoo inks 2 drillships and 1 rig [Offshore]
Daewoo Shipbuilding & Marine Engineering of South Korea is scooping new orders day after day. Daewoo said Friday that it has signed a contract on December 17th with a drilling company based in the American continent to build two drillships for del...
2009-12-18 10:33:46
VT Halter offers $21m for Bender [Finance]
Vision Technologies Systems, parent of US shipbuilder VT Halter Marine, has offered $21m for bankrupt Bender Shipbuilding & Repair’s Mobile shipyard, overseas media reports. Bender filed for Chapter 11 bankruptcy protection in July after credito...
2009-12-18 07:57:13
CMA CGM meets creditors [Finance]
French container line CMA CGM is said to have met creditors Thursday to discuss refinancing. Local media reported the talks would be held at the French finance ministry. The line is seeking to restructure $5.6bn of borrowings after plunging dem...
2009-12-18 07:54:00
Log-In charters pair [Shipping]
Brazil’s Log-In Logistica Intermodal has chartered in two bulk carriers as it waits for its own newbuildings on order at domestic shipyard. The shipowner said it had taken the vessels from compatriot Elcano for bauxite COA business. The ships ar...
2009-12-18 07:51:53
DFDS acquires Norfolkline [Finance]
Denmark’s DFDS has snapped up AP Moller-Maersk’s ro-ro operation Norfolkline for a debt-free EUR 346m ($496m), foreign media reports. It said the deal creates Northern Europe's "leading sea-based transport network by combining two leading and ...
2009-12-18 07:40:30
Hegemann may cut 600 jobs [Shipbuilding]
Crisis-ridden shipyard group Hegemann hopes to secure urgently-needed bank loans by the end of the year. Company spokesman Torsten Henkel said NordLB and KfW Ipex agreed in principle to grant further loans to the German shipbuilding group at...
2009-12-18 07:34:59
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