Idled boxships decrease [Shipping]
Laid up containerships across the world as of July 7th totaled 1.21 million TEUs in terms of capacity, according to findings by French maritime consultant AXS Alphaliner. The total volume of idled space equates to 9.5% of the world's boxship flee...
2009-07-09 07:18:57
CSBC delays delivery of 14 boxships [Shipbuilding]
Taiwan’s CSBC has agreed to delay delivery of 14 containerships to All Oceans Transportation, a subsidiary of compatriot shipowner Yang Ming Marine. Five 8,240-teu ships have been pushed back by 15 months on average. Four 6,600-teu vessels have...
2009-07-09 07:16:45
Equipment makers face empty orderbook [Equipment]
The order backlogs at Germany’s marine component manufacturers are empty for 2011 and 2012. In 2008, the industry had a combined turnover of €12.9bn($17.9bn), 8.4% higher than in 2007, said the marine and offshore equipment industries committ...
2009-07-09 07:13:34
New cruiseship orders to come [Shipbuilding]
Orders for new cruiseships could well resume next year as shipbuilders buckle under the financial pressure of a long-running dearth of fresh business. Richard Jansen, global head of the cruise and ferry group at DVB Transport, said that while Mey...
2009-07-09 07:07:46
Petrobras floats 8 FPSOs tender [Offshore]
Five consortia are said to be in the running for eight FPSO hulls in a Petrobras tender worth around $4bn. One of the consortia is made up of Keppel Corp's Keppel Fels, Single Buoy Moorings (SBM) and Brazilian shipyard WTorre, local media reports....
2009-07-09 07:05:32
GSI rumored to be signing CNY2bn order [Finance]
According to industry officials, China's Guangzhou Shipyard International is close to signing 2bn yuan ($293m) order. A GSI official also confirmed the news was true but details on the contract were yet to be disclosed. Further, local media repor...
2009-07-09 06:38:56
Offshore plant sector to recover [Offshore]
Following the aggravation of shipping market and the fall in prices for raw materials amid global economic downturn, newbuilding prices have also dropped which became an obstacle to market recovery. If the imbalance of supply and demand and marke...
2009-07-09 06:32:57
Chinese tug-of-war for NITC orders [Shipbuilding]
An order for the construction of six VLCCs for National Iranian Tanker Company (NITC) has spurred fierce competition between Dalian Shipbuilding Industry Co of CSIC and Shanghai Waigaoqiao Shipbuilding of CSSC. The two Chinese shipyards are report...
2009-07-09 06:25:25
ThyssenKrupp inks deal for submarine packages [Equipment]
A contract was signed by Howaldtswerke-Deutsche Werft (HDW), a company of ThyssenKrupp Technologies, and MarineForce International (MFI) for the delivery of six material packages for the construction of Class 214 submarines to Turkey. The six submari...
2009-07-08 17:35:51
Greek bought 46 secondhand worth $500m [Shipping]
Hellenic shipping companies, although at a slower pace, still appear rather active in the secondhand S&P market. According to ship researcher Clarksons, for the period from the beginning of the year and until the end of May, they had invested abo...
2009-07-08 17:17:45
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