SPP celebrates 200th newbuilding order [Shipbuilding]
SPP shipbuilding Group won an order for two 74,000-dwt tankers from a Greek shipowner last week. With the order, the SPP Gropu has received orders for a total of 200 ships worth $9bn since it started newbuilding business. The shipbuilding orders a...
2008-10-07 14:58:39
Geden books two more Aframax [Shipbuilding]
Turkey’s Geden Lines has decided to order two additional aframax tankers for expansion of its fleet. The 115,000-dwt tankers are said to be slated for delivery in October and December 2010. They will be constructed at Samsung Heavy Industrie...
2008-10-07 12:13:00
Win-Win for Korean Peninsula [Shipbuilding]
Shipbuilding industry cooperation between South and North Korea, it is pointed out, should be promoted in a win/win manner, by which South Korean shipbuilding industry can keep growing and North Korea can receive help for economic recovery. On Oct...
2008-10-07 11:25:46
The final variable in the bidding for DSME [Shipbuilding]
The bidding competition for DSME is entering the last lap now. A variable in last minute is whether the ‘invisible hand’ will move or not. There has been endless rumor that government or politics had influence upon large-scale M&As in the past...
2008-10-06 18:32:44
Fund-raising project for shipbuilding to progress rapidly [General]
‘Future Shipbuilding Fund (FSF)’, the fund-raising for the research in shipbuilding industry, seems to be accelerating. The Society of Naval Architects of Korea (SNAK) formed a preparatory committee for the organization of FSF, as a succursal ...
2008-10-06 17:57:42
Keppel secures FPSO-FSRU conversion projects [Shipbuilding]
Keppel Shipyard, a wholly owned subsidiary of Keppel Offshore & Marine has secured contracts from repeat customers amounting to S$150 million (USD 103 million) for the upgrading, modification and conversion of two vessels. Work on the vessels is ...
2008-10-06 14:33:33
Sekwang ordered two tankers at STX [Shipbuilding]
Seoul-based tanker operator Sekwang Shipping placed an order for two chemical tankers at STX Shipbuilding to diversify its fleet. The shipping company first ordered 51,000-dwt MR (medium-range) product carriers at its rival shipbuilding company. ...
2008-10-06 13:50:00
Containership newbuilding prices are going up [Shipbuilding]
Newbuilding prices for containerships seem to be rising rapidly despite the slowdown of orders for them. According to foreign media reports, China’s Shanghai-Chengxi Shipbuilding has received an order for two 4,600-teu containerships from a Germ...
2008-10-06 12:04:34
STX expands offshore business [Offshore]
STX Corporation is extending its offshore newbuilding business. According to market reports, STX Heavy Industries is said to be now conducting a negotiation for newbuilding of an offshore floating facility. Orderer is yet to be revealed but del...
2008-10-06 10:14:29
SPP to receive orders for six bulkers [Shipbuilding]
According to foreign media reports, SPP Shipbuilding has received orders for four 59,000-dwt bulk carriers and two 35,000-dwt bulk carriers until the end of September. 59K bulkers were ordered from Nerious Shipping and as for the two 35K bulkers, Ir...
2008-10-05 23:45:09
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