Shipbuilding
Korea Sole Lead
South Korea's shipbuilding industry continues leading newbuilding market in July. It already pushed aside China to win back the first place thanks to orders of high-value ships during H1, 2011. Clarkson Research Services reported Korea to pen ord...
2011-08-08 06:23:05
Daewoo inks four LNG carriers
South Korea's Daewoo Shipbuilding & Marine Engineering has won an order for four LNG carriers, kick-starting the second half new order drive in earnest. DSME signed the contract for four 159,800 cbm LNG Carriers with George Economou Group in Athen...
2011-07-29 10:02:03
Orders idle: Summer vacation
With the summer holidays started at South Korean shipyards, it is anticipated that newbuilding market will remain a little subdued during the coming weeks, Clarksons said in a recent weekly report. The leading researcher and shipbroker also mentio...
2011-07-29 08:48:25
Hyundai Mipo wins 56K BCs
New Turkish shipping entrant Aruna Shipping has booked three supramax-bulker newbuildings at South Korea’s Hyundai Mipo Dockyard (HMD). Aruna deputy general manager Cengiz Bekmezci confirms the orders, which are due for delivery in August and N...
2011-07-29 07:58:56
CSIC inks five Pax.
Tianjin Xingang Shipbuilding Heavy Industry has bagged an order for a series of panamax bulkers from a domestic owner. Market players say the CSIC-affiliated state-owned yard has secured an order for five 76,000-dwt ships from Tianjin Guo Dian Sh...
2011-07-29 07:53:31
Aeolos confirms only '1' 6,700TEU
Aeolos Management denied reports that it has upped its tally of newbuilding contracts to five vessels of 6,700 teu at Hyundai Samho Heavy Industries. Captain Ioannis Vassilakis of Aeolos confirmed that only one more ship has been added to the pai...
2011-07-29 07:29:42
Hyundai Samho 5,000TEU confirmed
Thenamaris Ships Management has ordered two boxships of 5,000 teu from South Korea’s Hyundai Samho Heavy Industries, the Greek owner confirmed. The Thenamaris pair are due for delivery in August and September of 2013 and are said to be cost $60m...
2011-07-29 06:57:29
Hyundai Mipo Q2 down
South Korea's Hyundai Mipo Dockyard is prospected to resume winning orders in the second half of 2011. And operating profit for Q2 is expected to reduced by 20% from the same period 2010. Researcher Choi Kwang-Sik, Seoul-based LIG Investment & Sec...
2011-07-28 12:22:39
Daewoo Q2 up
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) announced Q2 results, improved from the same period last year. DSME (CEO, Nam Sang-Tae) recorded turnover of KRW 3.178trn ($3bn), operating profit of KRW 339.9bn, pre-tax profit of KRW...
2011-07-28 11:38:06
Universal targets 28-ship order
Japan's Universal Shipbuilding Corporation is targeting 28 new ship orders worth JPY 170bn ($2.2bn) during this fiscal year. The shipbuilder is aiming to double new order value compared to last year. Universal Shipbuilding Corporation is foreca...
2011-07-28 07:35:19
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