Hanjin changes Delphis orders [Shipping]
Delphis has entered dry-cargo market with the alteration of a newbuilding order in South Korea. Alexander Saverys, Managing Director, says the Belgian owner has swapped four 3,350-teu boxships for a trio of 180,000-dwt capesize bulkers at Hanjin H...
2009-07-06 07:22:34
Toyohashi changes its name [General]
As from July 1st, Toyohashi Shipbuilding changed its corporate name to Shin Kurushima Toyohashi Shipbuilding. This makes it clear that Toyohashi is a member of the Shin Kurushima Dockyard group. It will now foster a strong sense of unity thro...
2009-07-06 07:18:44
Imabari delivered 44 ships in H1 [Shipbuilding]
Japan’s Imabari Shipbuilding completed a total of 44 newbuildings in the first six months this year. The total is five units less than that in the same period of 2008, but Imabari has its sights set on constructing 100 newbuildings in fiscal 200...
2009-07-06 07:17:08
MAN Diesel slows production [Equipment]
MAN Diesel will close the last of its in-house slow-speed engine factories this summer. The Fredrikshavn, Denmark, facilities will continue to build smaller medium-speed engines, as well as propellers and gearings, but has just completed its last...
2009-07-06 07:15:06
Bankrupt Wadan Yards may get bridging loan [Finance]
The state government of Mecklenburg-Western Pomerania is in principle prepared to give a guarantee to secure a €40m bank loan to bankrupt Wadan Yards in Rostock-Warnemünde and Wismar. Economic state secretary Rüdiger Möller has re...
2009-07-06 07:08:12
Chinese pinched by credit crunch [Finance]
Alongside the plummeting orders, China's shipbuilding industry is suffering another headache: shortage of funds. "The (world's) shipbuilding industry may face a financial gap of US$300 billion in the next four years, with Chinese shipbuilders awai...
2009-07-06 07:05:52
Italian orders two tankers in Vietnam [General]
Italian shipowning group Mediterranea di Navigazione has ordered two 7,000-dwt bitumen carriers at Vinashin's Bach Dang Shipbuilding. Delivery is scheduled from the second half of 2010. The price is yet to be revealed but the current market value ...
2009-07-06 07:03:12
Polish yards eyeing LNG carriers [Offshore]
Jan Ruurd de Jonge, the Dutchman heading up, in Poland, the Qatari takeover of the Gdynia and Szczecin shipyards, says the new plan is to build a range of vessels including massive Q-max LNG carriers. Some of the ships could be used to haul LNG fr...
2009-07-06 06:59:25
Newbuilding orders fall 90% [Shipbuilding]
Newbuilding orders plunged by almost 90% in the first six months of 2009. Only 281 vessels were added to the global orderbook during the first half compared with 2,398 ships in the same period a year ago, research from a leading Greek shipbroker r...
2009-07-06 06:55:07
Cosco Dalian completes VLOC conversion [General]
Cosco Dalian Shipyard has finished a VLOC conversion work and delivered the ship to Japan's NYK on July 1st. The shipyard is said to have successfully completed the conversion work in a short period of time. The vessel has a length of 322 meters, ...
2009-07-06 06:30:41
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