Shipbuilding
STX VLCC switched to boxships
STX Offshore & Shipbuilding of Korea has switched previously booked one VLCC to a pair of 9,200-teu containerships by request from European shipowner on November 14, it revealed in a regulatory filing today. Before the revision of the contract, on...
2012-11-16 11:14:09
Chinese in financial straits
Chinese shipyards appear to be having problems in financing. Local industry statistics show that during the first eight months of this year, Chinese shipyards' overall delivery, new order and orderbook all declined by 12%, 48% and 30% each year-on...
2012-11-16 08:01:00
Japanese win 17 NBs
Japanese shipbuilders contracted a total of 17 newbuildings of a combined 0.9m-gt export ships during October, announced the Japan Ship Exporter’s Association (JSEA) on November 15. Japanese shipyards won two car carriers, 15 bulkers - one handy...
2012-11-16 07:56:59
Hyundai plant order skyrockets
Hyundai Heavy Industries revealed that it contracted overall $17.27bn during the first ten months of this year, down by 24.8% year-on-year, in a regulatory filing on November 15. As for new orders inked by each division during January-October peri...
2012-11-16 07:45:23
China promotes industrial partnership
Strategic partnerships between shipbuilding, logistics and transport industries promoted by the Chinese government will boost newbuilding orders and show ways to overcome downturn of maritime industries. CHINA Ocean Shipping Company (COSCO) and Ch...
2012-11-15 11:45:42
European order-intakes rise
In the face of a continued shipbuilding depression, October saw a total of 1.4m dwt orders contracted in the world, down by 32% month-on-month. While Korean and Chinese shipyards ink shrinking amount of new orders, Japanese and European shipbuilde...
2012-11-15 07:15:11
HHIC-Phil pens boxship pair
Korea's Hanjin Heavy Industries & Construction's overseas subsidiary in the Philippines, HHIC-Phil has penned a newbuilding order for two post-panamax containerships with Aeolos Management of Greece. A pair of 6,800-teu newbuildings are to be deli...
2012-11-15 06:31:57
Chinese deliveries soar
Chinese shipbuilders' delivery of newbuilding steel ships for domestic owners turns out to have sharply increased last month. According to a latest report from the National Bureau of Statistics of China, during October, Chinese shipyards delivered...
2012-11-15 06:14:42
Chinese encounter troubles
Chinese shipbuilding industries are struggling against new order drought and troubled shipping market. According to latest report from the Ministry of Industry and Information Technology (MIIT), during the first nine months of this year, Chinese s...
2012-11-14 14:44:12
JES inks optional PSVs
JES International has signed an agreement to build four additional platform supply vessels with Norwegian shipowner. The Board of Directors of JES International Holdings Limited (the “Company” together with its subsidiaries, the “Group”) w...
2012-11-14 14:23:10
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