General
Samsung’s goliath to be dismantled
Samsung Heavy Industries’ 900-ton goliath crane which had fallen down in a gale on March 21st is to be moved to another industrial complex for dismantling work. According to Samsung Heavy’s announcement made on April 3rd, the shipbuilder has w...
2009-04-03 16:01:39
Sembawang secures LNG repair deal
Singapore’s Sembawang Shipyard has won another prestigious repair contract for liquefied natural gas carriers, this time from BG, the UK integrated gas major. The favoured customer contract awarded by BG LNG Services provides for shiprepair, re...
2009-04-03 07:27:42
Fincantieri labor deal rough going
Italian state shipbuilder Fincantieri secured a split decision in its fight to secure agreement on a new labour contract for its Italian yards, with two of the big three metalworkers’ unions accepting its offer on Wednesday but the third, and large...
2009-04-03 07:25:07
Philippines pressed on shipbreaking
Shipbreaking could turn the country's ports and beaches into toxic dumpsites in the guise of creating jobs for Filipinos, environment and labour groups warned on Tuesday, according to local media. In a joint statement, the Alliance of Progressive Lab...
2009-04-03 07:13:59
Scrap prices fall in India
Shipbreaking prices have fallen in India as tonnage supply begins to outstrip demand. US-based cash buyer GMS said there had been a “crushing drop” of up to $20 per ldt as shipowners were left chasing down offers that were submitted weeks befo...
2009-04-02 08:21:04
Seaspan delay tally hits 15
Seaspan Corp has secured options to delay 15 deliveries as it continues to work to push back a 33-ship newbuilding program, the company said Wednesday. The Vancouver-based boxship owner says it is "pursuing alternatives" for delays with shipyards ...
2009-04-02 08:16:13
“Every cloud has a silver lining”: MOL boss says
Mitsui OSK Lines (MOL) president Akimitsu Ashida (pictured) has delivered a speech on the company's 125th anniversary putting the current economic crisis into historical perspective. "It seems to me that now is an opportune moment to reflect on the s...
2009-04-02 08:04:43
Marmaras denies cancellation: Hyundai
Greece’s Marmaras Navigation shipping group has dismissed reports that it is close to negotiating cancellation of half of its outstanding tanker building programme with South Korea’s Hyundai group. Reports published in both Asia and Europe ha...
2009-04-02 07:22:22
Stolt - SLS go to court
Stolt Tankers B.V., a subsidiary of Stolt-Nielsen, has announced that SLS Shipbuilding Co. Ltd. of South Korea has taken Stolt Tankers B.V. to arbitration to challenge the cancellation of a contract for the construction of a 44,000 dwt coated parcel ...
2009-04-01 08:03:51
Bangladesh breakers get year’s first VLCC
Bangladeshi breakers closed a string of deals at strong prices in the past week, despite continued doubts about the future of shipbreaking in Chittagong. The sales included the first very large crude carrier sold for demolition this year. The 1...
2009-04-01 07:57:21
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