Shipbuilding
Japanese ink 20 export ships
Japanese shipbuilders have contracted overall 20 export ships of 0.79m gt in August of 2012, which doubles those contracted in the same month of last year, according to the Japan Ship Exporter’s Association (JSEA) on September 19. In August, 17...
2012-09-20 07:58:41
"Recovery unlikely by H2 2013"
Korean shipyards are unlikely to expect recovery in commercial ship before the second half of 2013. Analyst Jung Woo-Chang, Mirae Asset Securities said "With weak new order momentum seen in commercial ship segment by concerns over tonnage overcapa...
2012-09-20 07:41:47
JES pens 94,000-dwt bulker
The Board of Directors of JES International Holdings Limited (the “Company” together with its subsidiaries, the “Group”) wishes to announce that the Group has entered into new shipbuilding contract with a Germany customer to build a 94,000 DW...
2012-09-20 07:33:54
COSCO in VLCC nego
COSCO Dalian Ocean Shipping Company (DOSCO) confirms it plans to order 10 very large crude carriers. An official from the tanker arm of China's state-backed COSCO Group said, “We are negotiating prices with a number of shipyards.” Industry ...
2012-09-19 09:54:12
China, "Big but Not Strong"
Chinese sources stated that domestic shipyards' benefit only remains at one third of that in Korean shipyards. Researcher Wu Yousheng from Chinese Academy of Engineering revealed China is only a big shipbuilding country, but not a strong one. A...
2012-09-19 06:53:43
HMD differentiates from Big3
With increasing demand for small-and-medium ships, Hyundai Mipo Dockyard of Korea is expected see more orders. Jun Yong-Bum of IM Investment Bank said "Small-and-medium sized vessels are not Korean Big3's major fields, but Hyundai Mipo's. Ordering...
2012-09-19 06:51:47
Newbuild Prices "Bearish"
Due to depressed newbuilding demand and lowering orderbook, newbuilding price index has now fallen for 14 months in a row. The Clarkson newbuilding price index stood at 127.1 points at the end of August, down 1.4 points from the previous month and...
2012-09-19 06:49:32
Kouan pens 76K BCs
China's Taizhou Kouan Shipbuilding has recently penned an order for two 76,000-dwt bulkers from German shipowner. Kouan, with previous experiences of building several 76,000-dwt newbuildings, is scheduled to deliver a pair of vessels in the fourth...
2012-09-18 14:21:39
Sasebo pens ECO panamax
Sasebo Heavy Industries of Japan has been placed an order for an eco-type panamax bulker from Greek owner DST Shipping. The panamax is slated for delivery in September 2013, but DST has not revealed the price tag on the deal. According to Stavr...
2012-09-18 07:49:16
Daewoo-Mangalia nets PCTCs
Daewoo-Mangalia Heavy Industries has scored PCTC pair. Norway's Ocean Yield has booked two pure car/truck carriers at Daewoo Shipbuilding & Marine Engineering's Romanian subsidiary Daewoo-Mangalia. Ocean Yield has also secured options to order fou...
2012-09-18 06:52:41
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