Scrapping hits highest in 6 years [General]
While shipping downturn is being protracted, old vessels sold for scrap are abruptly increasing with the accumulative ship demolitions during the eight months to August hitting the highest level since 2003. According to Clarkson Research Services,...
2009-09-28 06:21:48
Vale eyes 100 ships [Equipment]
Brazil’s iron ore producer Vale is expected to continue a large-scale fleet expansion. The world’s largest iron ore supplier has so far secured a total of 57 ships which can transport about 55m tons of iron ore a year but it is reportedly plan...
2009-09-28 06:17:05
Chellaram to buy STX bulker resales [Finance]
Chellaram Shipping is said to be acquiring two kamsarmax newbuilding resales from STX Offshore & Shipbuilding of South Korea. Market sources say the owner is set to pay slightly more than $39m each for the 81,000-dwt ships with delivery set for the ...
2009-09-25 15:42:36
Grand Union rijigs orders [Shipping]
Greece’s Grand Union is making changes to its tanker and bulker newbuilding portfolios, though the owner declines to comment on the number of wet and dry tonnage it will eventually take on and when they will be delivered. Sources close to Grand ...
2009-09-25 15:27:43
Daewoo builds presence in Brazil [Shipbuilding]
South Korea’s Daewoo Shipbuilding & Marine Engineering aims to establish a foothold in the Brazilian newbuilding market. The major shipbuilder is said to be looking to acquire a stake in a local yard in Brazil, so it can participate in newbuildi...
2009-09-25 15:10:09
SLS reaches wage settlement [General]
SLS Shipbuilding, a South Korean shipbuilder of middle standing, said Friday its labor and management have reached wage collective agreement peacefully for the second consecutive year. The capital and labor agreed upon a hike of KRW 35,000 ($29.5)...
2009-09-25 14:50:28
Taizhou Kouan wins 7 MPPs [Shipbuilding]
According to market report, China’s Taizhou Kouan Shipbuilding has reportedly secured an order for the construction of seven 27,000-dwt multipurpose vessels from a domestic shipowner. Delivery is scheduled for 2011 and ship prices were not discl...
2009-09-25 14:24:06
Order drought persists despite rally [Shipbuilding]
In recent months, Chinese shipyards have led the global newbuilding market by securing the largest volume of new orders, but the amount is still too small compared to 2008. According to statistics released by Chinese Ministry of Industry and Informat...
2009-09-25 11:51:10
Kawasaki cuts building capacity [Shipbuilding]
Japan’s Kawasaki Shipbuilding is rejigging its main unit Sakaide Shipyard’s construction system. It is reducing its building capacity by returning to one-dock system from current two-dock one since fall next year. As newbuilding demand shri...
2009-09-25 11:10:49
Russian buys ship design firm [Equipment]
Russia’s Krasnoye Sormovo shipyard has bought out its ship design partner Volga-Caspian Design Bureau (VCDB). The Nizhni Novgorod shipbuilder, part of the MNP Group, now has 100% of the shares. It owned no stock previously. In January, the yard ...
2009-09-25 07:12:05
Start  Prev  4621  4622  4623  4624  4625  4626  4627  4628  4629  4630  Next  End
« 2024 - 5 »
Sun Mon Tue Wed Thu Fri Sat
      1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  
Most Read Articles
There is no data
Related Media News
Navy Chooses Evolution Over Re…
Women encouraged to take up sh…
$765M Research Vessel Highligh…
Latest NB Fixtures
STX, up to 3 tankers
DSME, 3 VLGCs
DSME, 10 VLCCs
Column/Contribution
Steps toward Operational Excellence in Shipbuilding: Elimina…
Reportage/Interview
[Interview: Danfoss Group] "NB market to be recovered"