Shipbuilding
Chinese win 10 BCs
China's small-to-medium sized shipbuilders Jiangsu Haitong Offshore Engineering and Hongqiang Heavy Industry were awarded an order for five 15,000-dwt bulkers each. Deliveries are slated from August 2013 to July 2014, with newbuilding prices unre...
2013-02-05 07:51:23
China NB prices edge down
Newbuilding prices in China saw a mild decrease in January. According to local ship trading report, during the last month, newbuilding prices of VLCC, suezmax tanker, aframax tanker and product carrier stood at $92.25m, $56.5m, $47.75m and $33.88m...
2013-02-05 07:25:53
SWS wins 8 Capes
China's state-owned Shanghai Waigaoqiao Shipbuilding has won newbuilding orders from two European shipowners to build five capesize bulkers with options for three more. Including the latest deals, SWS has so far clinched deals with four European o...
2013-02-05 06:29:54
S&M suffer 1-2 years more
The shipbuilding market of Korea is expected to be recovered after nation’s small or mid-sized shipbuilders go through the last hardship for about one or two more years to come. Recently, Yang Jong-Seo, a researcher of the Export-Import Bank o...
2013-02-04 07:12:52
SPP bags MR quartet
MONACO--Feb 1, 2013 - Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced that it has reached an agreement with SPP Shipbuilding Co., Ltd. of Korea ("SPP") for the construction of four MR product tankers for approximately $32.5 million each, ...
2013-02-04 06:39:04
Jiangnan fixes VLGC duo
China's state-owned Jiangnan Shipyard has won two more VLGCs from Frontline 2012. The Very Large Gas Carriers have a price tag of around $63.5m per ship, reportedly. They will be delivered in 2015. In May 2012, Jiangnan Shipyard signed a contra...
2013-02-04 06:32:49
CMES to order VLCCs
China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp (CSSC) are said to be finalizing VLCC newbuilding contracts with China Merchants Energy Shipping (CMES). CSIC’s Dalian Shipbuilding Industry Corp and CSSC’s Shanghai Wai...
2013-02-01 10:44:52
Sanoyas inks kamsarmax
Sanoyas Holdings of Japan announced that it booked an order for one fuel-efficient 82,000-dwt bulker in January, through its report on closing accounts on January 31. Having signed a letter of intent in the end of last year, the shipyard officiall...
2013-02-01 07:52:33
Sasebo seals BC trio
Japan's Sasebo Heavy Industries turns out to have been awarded orders to build three medium-sized bulkers - one 77,000-dwt and two 84,000-dwt - during October-December period in 2012. Sasebo reported final accounts on January 31, which also said i...
2013-02-01 07:45:49
Samsung "Best & Optimistic"
Samsung Heavy Industries of Korea has been analyzed that its profit stability is at the highest level in the shipbuilding industry and the orderbook momentum in offshore segment is very big. Um Kyung-Ah, a researcher of Shinyoung Securities, expe...
2013-02-01 07:08:11
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