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Hanjin eyes Shtokman FPU order
[Offshore]
South Korea’s Hanjin Heavy Industries & Construction, which is recently focusing on offshore plant sector again, has its eye set toward Russia’s Shtokman LNG project as its first target. Shtokman project is promoted by Russian state-owned gas ...
2009-07-10 06:43:45
Japan at the top in panamax orders
[Shipping]
Japanese shipowners have the highest number of panamax bulkers on order surpassing both Greek and Chinese owners. About 135 ships, or nearly 30%, of the panamax orderbook of 474 ships are for Japanese account, according to Barry Rogliano Salles (B...
2009-07-09 17:31:20
STX develops LNG ro-ro
[Shipbuilding]
Australia's Roadships, recently listed on the Nasdaq Over-the-Counter Bulletin Board, has set its eyes on US shortsea shipping with the unique high-speed monohull ro-ro design. The transport outfit on June 26th asked STX Canada Marine to include L...
2009-07-09 16:26:35
China No.1 in orderbook with 36.5% share
[Shipbuilding]
The decrease in global newbuilding orderbook is gradually accelerating, according to industry statistics. As of the end of June, worldwide shipbuilding order backlog stood at 9,134 ships of 534.22m dwt, down 9.99% year-on-year. The orderbook sh...
2009-07-09 14:22:46
Bharati posts net profits of $27m
[Finance]
India’s Bharati Shipyard has raised its annual profit as revenues rose faster than costs. The offshore vessel specialized shipyard said net earnings in the 12 months to March 31st were INR 1.33bn ($27.23m), compared to INR 1.07bn in the previous...
2009-07-09 07:29:00
CSBC wins product tankers
[Shipbuilding]
CSBC Corp, Taiwan’s largest shipbuilder, has won an order to build two products carriers for state refiner CPC Corp. The yard group said the ships will cost TWD 3.2bn ($97m) in total. CPC ordered the double-hulled tankers to replace single-skinn...
2009-07-09 07:27:21
Petrobras to be probed: Tax dodging
[General]
Brazil’s state-run Petrobras is facing a probe in Federal Senate over allegations of tax evasion and procurement fraud. Senator Alvaro Dias, who proposed the investigation, says it may start next week, according to local media. Senators in the o...
2009-07-09 07:25:56
Tuzla blast kills one
[General]
An explosion has occurred in a shipyard at the notorious Tuzla complex near Istanbul, killing one person. Turkish television initially reported that several people were feared dead or injured. The blast happened while repair work was underway on a...
2009-07-09 07:24:25
New LNG tenders prefer old boys
[Offshore]
LNG carrier procurement negotiations in the future will increasingly focus on the battle between relatively young and competitive existing vessels and newbuildings. Even with the international tender currently being held by the Papua New Guinea (...
2009-07-09 07:22:34
China acquires 87% of new orders
[Shipbuilding]
Global new ship orders finally saw a glimmer of hope in June. Latest statistics from Clarkson show that the new ship orders in June totaled 1.83m dwt, with Chinese yards grabbing 1.6m dwt while South Korean rivals bagging the remainder. Chine...
2009-07-09 07:20:43
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