Gdynia waits after floating 'last ships' [Shipbuilding]
The main dry dock at Poland's largest shipbuilder, Stocznia Gdynia, lies empty with its future hanging in the balance following the launch of its last two newbuildings. Potential bidders had until this week to register their interest and place a d...
2009-05-04 14:37:37
Sietas opts to build ferries rather than boxships [Shipbuilding]
The boxship order slump has forced a German yard down the ferries route. Loss-making German shipbuilder JJ Sietas has moved into building passenger/car ferries after being mauled by containership cancellations. The yard secured a contract from ...
2009-05-04 14:33:43
Lloyd Fonds rejigs newbuilding deals [Shipbuilding]
A German ship-fund manager is in talks to lower prices and delay delivery dates. Investment-fund initiator Lloyd Fonds has succeeded in negotiating new deals for eight panamax containerships under construction in China. Yet the fate of four larger...
2009-05-04 14:30:21
Laskaridis may cancel 7 panamaxes [Shipbuilding]
Laskaridis Shipping of Greece says it "may consider cancelling" a series of seven panamax-bulker newbuildings at a Chinese yard ordered at well over $290m. They were booked at Penglai Zhongbai Jinglu Ship Industry but the yard looks like it will b...
2009-05-04 14:26:11
Vale takes in 25 capes [Shipping]
Demand from China's smaller steel mills has resulted in a Brazilian miner fixing 25 bulkers in a matter of days. South American mining giant Vale is said to have swept up 25 capesize bulkers within the space of a few days. Some 20 of the ships wer...
2009-05-04 14:21:32
Samjin delivers 6,700-unit PCTC [Shipbuilding]
Samjin Shipbuilding Industries at its Weihai shipyard in China on April 29th delivered the 6,700-car-capacity pure car truck carrier (PCTC) which was ordered from Norway’s Dyvi A/S on October 24th 2006. The ship has a length of 200m, breadth of ...
2009-05-04 13:58:48
Welcome, Aid plans [General]
Korea Shipbuilders’ Association (Koshipa), the country’s blue-chip shipbuilders’ association, welcomed the government’s new restructuring and support plan for shipbuilding industry which was confirmed at the end of last month. Koshipa vic...
2009-05-04 13:32:56
GSI profit falls 50% [Shipbuilding]
Guangzhou Shipyard International Co., a unit of China's biggest shipbuilder, said first-quarter profit fell 50 percent because of higher prices of steel plates. Net income for the three months ended March 31 declined to 129.3 million yuan (US$18....
2009-05-04 12:19:54
Still Alive in Samurai [General]
The JSEA represents the major Japanese shipbuilders, including Mitsubishi Heavy Industries, Imabari, IHI, Mitsui, Universal, Kawasaki and Sasebo. Japan has been steadily losing market share for traditional Shipbuilding Industries over the last two de...
2009-05-04 12:13:24
Keppel cancels new orders [Shipbuilding]
Keppel Corp has been forced to cancel a newbuilding order worth SGD181m ($122m) after the owners failed to finance the project. The Singapore yard said it had received a notice from Romanian company GSP Titan to terminate the shipbuilding contrac...
2009-05-04 11:28:04
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