Xingang inks supramax trio [Shipbuilding]
Tianjin Xingang Shipbuilding Heavy Industry has signed a bulker order for its new facility. A source close to the Chinese yard says Hong Kong-based Hong Da International has ordered three supramax bulkers for delivery from September 2011. Lit...
2010-05-17 07:11:45
Sasebo bottom line up [Shipbuilding]
Japan’s Sasebo Heavy Industries grew profit last year but came in just short of its own forecast. The shipbuilder has set its sights on a steady year ahead with revenues and the bottom line to stay virtually unchanged. Net profit for the 12...
2010-05-17 07:09:15
Parkroad cancels one at JES [Shipping]
Parkroad has axed a panamax newbuilding at JES International with the loss of half of its deposit. The Korean bulker owner and operator has, however, hung on to the last in an original series of four vessels ordered at the Chinese shipbuilder in ...
2010-05-17 07:07:20
Brazil orderbook to surge [Offshore]
Rolls-Royce says it expects to pocket $18.6m from fresh systems orders placed by Brazilian shipowners. The company will supply propulsion and control systems for seven offshore support vessels (OSVs) that are under construction in Brazil. Rio d...
2010-05-17 07:05:25
CSIC faces asset restructuring [Finance]
Shanghai-listed China Shipbuilding Industry Company is set to carry out an asset restructuring that will see the company take over the shipbuilding and equipment operations from its parent state-owned China Shipbuilding Industry Corp. China Shipb...
2010-05-17 07:02:55
Evergreen eyes Korean [Shipping]
Evergreen could turn to Korean shipyards for the first time in the Taiwanese company’s 42-year-old history for its latest order of 100 boxships, worth as much as $5bn, saying the decision would rest largely on price. “We used to build our ves...
2010-05-17 07:01:10
LR authorized to survey Japan ships [Equipment]
During a ceremony held in Tokyo, Lloyd’s Register was confirmed as the first foreign classification society to be formally authorised by the Japanese government to carry out surveys on ships flying the Japanese flag. Under Japanese legislation, Llo...
2010-05-17 06:57:11
EC approves Poland yard tenders [Finance]
The shipyards in Szczecin and Gdynia, Poland are going to be tendered again after the European Commission approved another attempt to sell the ailing companies. The Treasury Ministry wants to issue the new tenders in May. Among the assets for s...
2010-05-17 06:53:55
Asry boosts ties with shipping firms [General]
Bahrain's Asry looks set to work closer with Abu Dhabi National Tanker Company (Adnatco) and the National Gas Shipping Company (NGSCO) in the future. Asry hosted a delegation from Adnatco-NGSCO which was headed by general manager Ali Obaid Al Yab...
2010-05-17 06:51:56
Korea orders jump 17 times [Shipbuilding]
Korea's Top 9 shipbuilders have secured 1.19m cgt of new orders in the first three months of the year, 17 times the 70,000 cgt of orders they inked in the same period of last year. According to the Korea Shipbuilders' Association, their newbuildin...
2010-05-17 06:36:56
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