Shipbuilding
Yangzijiang seals 10,000TEUs
HONG KONG, CHINA, 01/23/13 - Seaspan Corporation (NYSE: SSW) announced today that it has signed contracts for the construction of four 10,000 TEU class newbuilding containerships at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu S...
2013-01-24 07:08:46
HMD wins MR PCs
MONACO, Jan 22, 2013, Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced that it has reached an agreement with Hyundai Mipo Dockyard Ltd. of Korea for the construction of two 50,000 deadweight ton product tankers to be delivered in May and J...
2013-01-24 06:43:44
Korean L&M aim $12.8bn
While it is widely expected that global new ship order in 2013 is likely to rise by a small margin year-on-year only within base effect, Korea's large and medium sized shipbuilders (eight shipyards except Big4) are reported to target around $12.75bn ...
2013-01-23 07:34:05
HMD innovate yard system
Korea's Hyundai Mipo Dockyard and University of Ulsan are to carry out a project to innovate shipbuilding operational system together. The project aims to strengthen sales, design, purchase, production, project planning, as well as cost management...
2013-01-23 07:14:14
Yards Have 1.7 Years Left
A recent report from Clarkson Research said shipyards are now sitting on forward orders for just 1.7 years, which are way below 3.5 years of backlog in 2008. Merchant ship newbuilding orderbook is now worth $169bn while offshore units valued at $1...
2013-01-23 06:40:54
Samsung Double Christening
Jan. 18, 2013 - OOCL announced the christening of two 13,208-TEU mega vessels at a ceremonial event held at the Geoje Island Shipyard, Samsung Heavy Industries in Korea, the first time the company is taking delivery of newbuilds of this size. The ...
2013-01-22 10:08:25
Hongqiang inks bulker quintet
Hongqiang Heavy Industry of China said on January 19 that the contract for five 15,000DWT bulker orders, signed at the beginning of this year, went into effect on January 14. Hongqiang is said that it is standing on some 20 ships on order includin...
2013-01-22 07:21:56
NB prices hit bottom?
While shipbuilding industries are confronted with lack of works, orders contracted in 2012 declined by 45% year-on-year to 45.5m dwt, to make matters worse, a decline by 10% year-on-year seen in newbuilding prices, which troubles shipyards with profi...
2013-01-22 07:03:37
Wuchang wins state order
Amid new orders drought in the ordinary commercial ships, China’s Wuchang Shipbuilding Industry has been awarded a large contract to build nine offshore patrol ships for the government. The contract is worth CNY 2.5bn (around $400m) for five 3,0...
2013-01-22 07:00:22
Samjin clench product carriers
SAMJIN SHIPBUILDING INDUSTRIES CO.(SSI), having a shipyard in Weihai, Shandong Province, China, has recently signed the shipbuilding contract with Korean Buyer IMT Incorporation for the construction of two firm plus two optional units of 7,000 DWT pr...
2013-01-21 14:17:32
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