Aker Phil launches 7th product tanker [Shipbuilding]
Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, launched Hull 011, the seventh in a series of 12 product tankers to be completed by 2011. When completed, the 600 foot long vessel will be sold to American Shipping Company and bareb...
2009-04-22 06:50:11
Sietas inks ferry newbuilding [Shipbuilding]
Hamburg-based shipyard Sietas Werft has signed a newbuilding contract with Föhr-based ferry operator Wyker Dampfschiffs-Reederei. The vessel will be able to carry about 1,200 passengers and 75 cars and will be employed on services to the Nor...
2009-04-22 06:45:01
Dry bulk recovery far ahead [Shipping]
Asian shipowners are forecasting a bleak outlook for dry bulk shipping as the industry struggles with a massive orderbook. “We are only seeing the beginnings of the crisis now. That recovery we had in the last few months does not mean anything,...
2009-04-22 06:39:33
S&M shipbuilders crisis [Shipbuilding]
Large shipbuilders in South Korea may be relieved from newbuilding order drought soon to some extent as massive shipbuilding projects are set to begin worldwide since the second half. But newly-established small and midsize shipbuilders with ‘no...
2009-04-22 06:03:33
Azipod propulsion pact between ABB and ZPMC [Equipment]
ABB and Shanghai-based ZPMC have signed an agreement for the production of propulsion solutions for deep sea offshore vessels. The two companies will jointly develop solutions for vessels that demand deep sea operating draughts, such as heavy carr...
2009-04-21 14:31:31
Chinese shipbuilding facing tough times [Shipbuilding]
In 2008, Chinese accomplished shipbuilding output was 28.81 million deadweight tonnages, rising by 52.2% of last year. The newly undertook ship orders were 58.18 million deadweight tonnages, a reduction of 40.9% of last year. Ship orders in hand were...
2009-04-21 14:21:13
Petrobras to order 240 vessels in next 6 yrs [Shipbuilding]
Brazil's Petrobras is seeking around 240 offshore oil development vessels in the next five to six years, its chief financial officer said on Monday, deals that could bring new life to the stagnant global shipbuilding sector. "In the next five to six ...
2009-04-21 13:45:47
New orders to stay weak [Shipbuilding]
Encouraging signs are emerging in the world's dry bulk shipping industry, a senior industry official said, but warned the economic downturn and credit crunch were set to dog shipbuilders for the rest of the year. "We have seen a very significant ...
2009-04-21 13:32:34
Chinese steel plate oversupply looms ahead [Equipment]
China is expected to breach the 20.2-million ton (mt) mark, set in 2008, for ship plate production this year. Against this, Chinese shipbuilders are expected to consume 11.7 mt of ship plate, report quoted China Association of the National Shipbuildi...
2009-04-21 13:28:46
Middle East ship building and repair remain strong [General]
While the world is in the grip of an economic slowdown, the Arabian Gulf remains a dynamic growth centre for ship building and repair, says a leading maritime industry observer. "The region is one of the busiest commercial maritime hubs with the Unit...
2009-04-21 13:21:58
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