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Shipbuilding
Daewoo Surpass Target
Daewoo Shipbuilding & Marine Engineering, as a matter of fact, has already exceeded new order target in 2012. Analyst Kim Hong-Gyun of Dongbu Securities said on November 1, "Daewoo has contracted overall $10.53bn of orders year-to-date, reaching 9...
2012-11-02 06:57:33
CSIC seals chem tankers
China Shipbuilding Industry Co (CSIC)-affiliated Chongqing Chuandong Shipbuilding Industry Co (CCSIC) firmed up a newbuilding contract to build four 2,450-dwt stainless chemical tankers on September 14. CCSIC had signed a Letter of Intent on Augus...
2012-11-01 07:17:46
GSI inks VLCC quintet
China's Guangzhou Shipyard International (GSI) has recently booked an order for three 308,000-dwt very large crude oil carriers, with additional options for two, from Dalian Ocean Shipping Company (COSCO Dalian). As GSI revealed its plan to cast C...
2012-11-01 07:13:58
KHI wins VLGC
Kawasaki Heavy Industries (KHI) has won a newbuilding order for a very large gas carrier for the first time in around 10 months. Japan's K Line booked the newbuilding at the compatriot shipbuilder after it signed a consecutive voyage contract with...
2012-11-01 06:36:00
China Keeps Shrinking
Chinese shipbuilding industries are keep falling. China Association of National Shipbuilding Industry (CANSI) reported that Chinese shipyards delivered a total of 41.58m dwt, down by 18.5% year-on-year, during the first nine months of 2012. Dur...
2012-10-31 07:12:43
Recovery Tipped in 2013
Shipyards are expected to recovery by the end of 2013. Analyst Yum Dong-Eun of HMC Investment & Securities said "In line with weak shipping indexes, low newbuilding prices maintains in 2012." Newbuilding price of very large crude oil carrier is...
2012-10-31 07:08:58
Eco Ship Boost
Replacement demand for eco-ship is expected to boost by the first half of next year. Park Mu-Hyun, analyst in E*Trade Securities of Korea, emphasized that "Saving one ton of fuel consumption has never been so much valuable until now" and explained...
2012-10-31 07:07:09
Eco MR "Verified"
New York-listed shipowner Scorpio Tankers ends growing skepticism on Eco-design newbuildings with evidence of the efficiency of eco ships. Scorpio revealed that its newbuilding MR eco-design product carrier, delivered from Hyundai Mipo Dockyard of...
2012-10-31 07:03:59
SPP says 'All Clear'
Although shipowners' cancellation increases during a difficult time, vessels now under construction at SPP Shipbuilding of Korea are on their way as scheduled. SPP said "Particularly, construction of two 113,000-dwt aframax tankers, ordered by Ove...
2012-10-30 06:37:42
DSIC into Repair & Scrapping
Dalian Shipbuilding Industry (DSIC) of China makes an attempt to leap from large-scale business restructuring. DSIC announced that the construction of modernized ship repair and scrapping facilities, with investment of around CNY 3.2bn ($513m), is...
2012-10-30 06:35:03
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