Shipbuilding
STX cancels two BCs
STX Offshore & Shipbuilding made a regulatory filing on November 30 that a pair of bulker order, contracted in August 2008 from Mideast shipowner, totalling KRW 122.9bn ($117.1m), had been cancelled. The Korean shipbuilder explained the contract h...
2012-12-03 05:43:34
HMD signed 20 MR
Hyundai Mipo Dockyard of Korea is said to have contracted an order for 20 MR product carriers from Sinokor Merchant Marine. Sources said that newbuilding contract had already been signed last week and was looking for announcement this week. Do...
2012-12-03 05:41:38
SPP wins MR quartet again
SPP Shipbuilding of Korea has won an additional order for four MR tankers. Ceres Shipping and JP Morgan jointly ordered the four fuel-efficient newbuildings (options exercised) after they booked four such ships earlier this year in May. The 51,...
2012-12-03 05:24:55
HMD poised for MR coup
Korea's Hyundai Mipo Dockyard is poised to win a massive newbuilding order for MR Product Carriers. Domestic shipping player Sinokor Merchant Marine is said to be ordering the vessels on the back of a long-term charter deal with Royal Dutch Shell ...
2012-11-30 10:33:54
Koreans keep strength
Boosting orders for newbuilding commercial ships, in general, seem to be needed more time, however, ship types in which Korean shipyards have strengths have steady investment. Analyst Kim Hong-Gyun of Dongbu Securities said "A total of orders cont...
2012-11-30 07:06:17
Chinese Oct. orders "Stable"
Chinese shipyards delivered increased amount of civilian steel tonnages in October, up by 20% year-on-year and up by 46% month on month. However, some local industrial players still have dim prospects for the market. According to Northeast Securi...
2012-11-30 06:53:48
Short-term Prospect "Bleak"
Global shipbuilding industry's newbuilding orderbook has decreased greatly but new orders are not expected to be added to the backlog any time soon. Drewry presented scenarios on the projected newbuilding requirement in its World Shipbuilding Annu...
2012-11-30 06:35:45
COSCO inks bulker pair
The Board of Directors of COSCO Corporation (Singapore) Limited (the "Company") is pleased to announce that COSCO (Guangdong) Shipyard Co., Ltd (a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd), has secured a contr...
2012-11-29 07:29:59
China yards keep falling
China's shipyard and shipbuilding-related industries have been struggling with tough market and management environment this year. According to a latest report by the China Association of National Shipbuilding Industry (CANSI), during the first ten...
2012-11-29 06:41:15
NB market gets "Lively"
The end of 2012 coming ahead, last week (November 16-23) saw rather an active ordering, as shipowners clinched newbuilding contracts which have been under negotiations with shipyards for some time. Ordering on commercial ships, such as bulker, tan...
2012-11-29 06:39:55
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