Shipbuilding
Daewoo to swell orderbook
Chances are good for Korean shipbuilder Daewoo Shipbuilding & Marine Engineering to recover new order momentum in the fourth quarter of 2012. Lee Jai-Won, analyst from Tongyang securities said "Daewoo is now in talks with Transocean for four drill...
2012-09-18 06:37:46
HMD inks bulker resale
Hyundai Mipo Dockyard found a new owner of cancelled 37,000-dwt bulker originally ordered by Taiwan’s Today Makes Tomorrow (TMT). Greek owner Cosmoship is understood to be the ultimate buyer. The Korean yard put the vessel up for sale, claimi...
2012-09-17 08:09:44
Big3 "may reach target"
The Ministry of Knowledge Economy (MKE) and the Korea Shipbuilders' Association (KOSHIPA) held '9th Shipbuilding & Offshore Day' on September 13, in the presence of 300-some shipbuilding and offshore related officials, including vice minister Yoon Sa...
2012-09-17 07:53:28
Restructuring to Accelerate
Due to lower newbuilding orders, restructuring is to accelerate from shipbuilding industries. Analyst Koo Bon-Uk of NICE Information Credit in Korea said "Over shipbuilding capacity against new order makes it harder to improve balance between tonn...
2012-09-17 06:33:31
CSAV, 9,000TEU or 10,500TEU?
Chilean line Compañía Sud Americana de Vapores has asked Asian shipyards to bid for two ship sizes of 9,000TEU class and 10,500TEU ships. The smaller ships are costing around $80-85m per ship and the larger ones some $10m more, broke...
2012-09-14 10:37:21
P+S newbuildings cancelled
Sep. 13, 2012 - Today, DFDS has cancelled the contracts with the German shipyard P+S Werften GmbH, Stralsund, concerning the construction of two Ro-Ros ordered in November 2010.The contracts are cancelled on account of the shipyard’s breach of seve...
2012-09-14 08:21:25
COSL plans OSV expansion
China Oilfield Services Limited (COSL) plans tonnage expansion of offshore supply vessel. An official from COSL revealed that the company is aiming to support offshore field development with its expanded OSV tonnages, currently totals around some ...
2012-09-14 08:16:47
Eco-Ship inquiries grow
Global shipowners are struggling over weak profitabilities, however, demand for newbuilding commercial ship is gradually increasing. Analyst Park Mu-Hyun of E*Trade Securities of Korea said that following after Taiwanese owner Evergreen's newbuild...
2012-09-14 07:02:40
Japan to overtake China
With Korean shipyards maintaining its lead, Japanese are to replace Chinese place. Analyst Park Mu-Hyun of E*Trade Securities in Korea said that Chinese shipbuilding industries are now collapsing and Japanese will overtake the Chinese' place, from...
2012-09-13 07:37:00
Daewoo names Sovcomflot tanker
On 10 September 2012 in Busan, Korea, a naming ceremony of a new SCF tanker Georgy Maslov took place. The vessel was named after a distinguished figure in the modern history of the Russian commercial shipping, a former head of all-Union association "...
2012-09-13 06:57:32
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