Japan-Korean SBQ plate deal [Equipment]
A major integrated steel company of Japan has settled its ship plate export deal at around USD 700 per ton FOB with a major shipbuilding company of South Korea for shipments in April to September 2009. What price level would be settled between the tw...
2009-02-19 09:35:59
Colombo delivers AHTS [Shipbuilding]
Greatship Abha, the third 80 ton bollard pull Anchor Handling Tug Supply Vessel (AHTSV) built by Colombo Dockyard PLC (CDPLC) for Greatship Global Offshore Services Pte Limited of Singapore (GGOSL) was delivered on Wednesday. Owners representative...
2009-02-19 08:12:12
Only 8 ships: Export orders in Japan [Shipbuilding]
Japan’s shipbuilders have begun to suffer the fall out from the collapse in drybulk rates, after export orders fell by over 75% in gross tonnage terms last month. Statistics from the Japan Ship Exporters’ Association (JSEA) showed that only ei...
2009-02-19 08:07:06
Chinese beefing up sales: repair yards [General]
Chinese ship-repair yards are energizing their marketing activities targeting shipping companies in Japan. According to a shipping-related source, representatives of multiple Chinese repair yards have been directly visiting offices of Japanese owners...
2009-02-19 08:01:05
Vale hunting secondhand capesizes [Shipping]
Brazilian resources giant Vale is moving to acquire secondhand capesize bulkers. While the company has already decided to purchase one unit from Kawasaki Kisen Kaisha (K Line), it reportedly plans to continuously advance procurement of secondhand ves...
2009-02-19 07:52:28
Scrapping of PCTCs spreads out [Shipping]
In light of the sharp reduction in completed car marine transport, not only Japanese operators but their overseas peers have also begun to scrap their superannuated pure car/truck carriers (PCTC). Thus far, Wallenius Wilhelmsen Logistics (WWL) has di...
2009-02-19 07:47:30
Hyundai Mipo delivers Eletson's first LPG carrier [Shipbuilding]
Hyundai Mipo Dockyard (HMD) of South Korea has delivered the first ever liquid petroleum gas carrier to join the fleet of blue-chip Greek tanker operator Eletson Corporation. The 22,010 dwt Anafi, constructed to Lloyd's Register class, is the firs...
2009-02-19 07:39:14
Japanese mulling countermeasures [Shipbuilding]
Japanese shipyards are advancing studies on possible countermeasures in case the slump in newbuilding demand gets prolonged. They have been focusing on the verification of costs and plant systems in the event that their operation volume drops due to ...
2009-02-19 07:30:53
Croatian cancels bulker orders [Shipbuilding]
Croatia’s Atlantska Plovidba, the bulk and heavy lift shipping company, has altered several contracts to lower company expenditure during the economic downturn. The Zagreb-listed owner has cancelled two of four Panamax orders for 80,300 dwt vessels...
2009-02-19 07:22:26
European vow to go without subsidy [Shipbuilding]
European Union shipbuilders have pledged to ride out their “worst ever” crisis without a return to 20th century-style subsidies. Despite the complete collapse of orders and signs that newbuilding interest might not return for several years, i...
2009-02-19 07:17:10
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