Shanghai Shipyard books four boxships [Shipbuilding]
West Africa liner specialist NileDutch has ordered its first newbuilding orders. Rotterdam-based NileDutch has inked a $200m deal for four boxships, which it will use in the growing Asia-to-Africa liner shipping services. NileDutch managing dir...
2010-11-15 08:17:16
Hyundai in talks for 4,500-teu ships [Shipbuilding]
Hyundai Heavy Industries is said to be in talks with Reederei Jungerhans of the Netherlands for boxship newbuildings. The Haren-based shipowner is said to be in discussions for a series of 4,500-teu vessels with the Korean shipbuilder. The ships w...
2010-11-15 08:13:30
Samsung may ink more LNG carriers [Offshore]
Energy major Chevron is rumoured to be sitting on up to six options at Samsung Heavy Industries. Industry sources report the as-yet undisclosed berth slots are in addition to two firm orders it has contracted with Samsung in May this year. A ...
2010-11-15 08:08:25
Hanjin wins 3,800TEU series [Shipbuilding]
Korea's Hanjin Heavy Industries & Construction is said to have won a $400m contract from Belgium’s Delphis to build up to eight 3,800-teu containerships. The shipowner has reportedly paid more than $400m on the latest order for four firm ships a...
2010-11-15 07:30:32
STX OSV lists at SGX [Finance]
STX Europe is pleased to announce that the initial public offering (the "Offering") of ordinary shares in STX OSV Holdings Limited ("STX OSV") has been completed, and that trading of the shares of STX OSV on the Main Board of the Singapore Exchange S...
2010-11-15 07:14:49
IHI exports shipbuilding tech [Equipment]
IHI Corp. has developed a system that automates the key process of bending steel sheets for ships and plans to market it to emerging economies. Developed by shipbuilding subsidiary IHI Marine United Inc., the system handles the entire process, from t...
2010-11-15 07:04:34
Ukraine shipbuilding grows 19.3% [Shipbuilding]
The volume of production generated by shipbuilding enterprises of Ukraine in January-September 2010 rose 19.3% from a year earlier, to UAH2,373,300,000, or about $300 million, the Ministry of Industrial Policy of Ukraine reports. Among the leadi...
2010-11-15 07:02:23
Overall inspection finishes at Vinashin [General]
“The inspection is scheduled to be finalized on November 15 but inspectors completed the task on November 9. Government inspectors have made Vinashin’s violations clearer than the inspection of the Central Inspection Committee. For example, the c...
2010-11-15 07:00:09
Rongsheng raises $1.8bn in HK IPO [Finance]
China's Jiangsu Rongsheng Heavy Industries Group Holdings Ltd., the nation’s largest shipbuilder outside state control, raised HK$14 billion ($1.8 billion) in a Hong Kong initial public offering, terms for the sale show. Rongsheng sold 1.75 billion...
2010-11-15 06:58:13
Danish storm to invest in Asia [Shipping]
Asia, which was regarded as the generator of global economy, was running at high speed now. As a result, Danish shipping companies eyed on huge opportunities in Asia, rushing to invest. Maersk and Dampskibsselskabet NORDEN A/S were Denmark’s lar...
2010-11-12 10:30:05
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