Shipbuilding
Newbuild orders plummet
Global shipbuilders saw newbuilding orders fall to half, compared to a year ago, Nomura says. In August new ship orders totalled 1.4m cgt worldwide, falling 51% year-on-year, the Japanese investment bank says. Containership orders saw the larg...
2012-09-13 06:52:00
Arcadia mulls MR order
Greece's Arcadia is eyeing energy-efficient eco-friendly newbuilding MR tankers. Industry sources say the shipowner may order its first product tankers. The shipping company traditionally prefers newbuildings to secondhand ones. Korean MR PC...
2012-09-12 09:55:58
Japan order backlog falling
The Shipbuilders' Association of Japan (SAJ)'s Chairman Kazuaki Kama said that Japanese shipbuilders' orderbook now covers only less than two years and if low ordering maintains, many shipyards will have difficulties after the second half of 201...
2012-09-12 07:04:28
Newbuild prices keep falling
August saw overall decreases in newbuilding prices, as well. China Water Transport reported that newbuilding prices of VLCC, suezmax, aframax and product carrier, as of August of 2012, stood at $95m, $58m, $49m and $34m each, declined by 0.47%, 0....
2012-09-12 06:52:52
Big4 compete for drillships
Transocean, a leading international provider of offshore contract drilling services for oil and gas wells of the US, is planning to place an order for newbuild ultra-deepwater drillships. Transocean is said to have signed a letter of intent for fo...
2012-09-12 06:48:49
Jinling wins PCTC sextet
China's CSC Jinling Shipyard announced that it bagged an order for six 6,700-teu car carriers from Bermuda-headquatered Global Carcarriers. Delivery is slated for 2014 and the newbuilding price is undisclosed. These newbuildings are scheduled t...
2012-09-11 06:49:15
Rongsheng talks of transition
China's largest private-owned shipbuilding group Jiangsu Rongsheng Heavy Industries had a meeting with CANSI, governmental officials, classification society, banks, etc., on September 7. During the meeting, Rongsheng reported its progress in busin...
2012-09-11 06:48:28
Hyundai vs. Daewoo for submarine
Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering are vying for the Korean Navy's next-generation Jang Bogo Ⅲ-class submarine. Local sources and Defense Acquisition Program Administration (DAPA) said the Navy plans to invite ...
2012-09-11 06:41:56
CSSC into non-ship biz
Recently, Hu Wenming, chairman of CSSC and secretary of the CSSC Party Leadership Group, and Wu Qiang, vice president of CSSC, met visiting Chongqing Steel chairman Dong Lin and his party, and both parties conducted thorough and pragmatic discussion ...
2012-09-10 06:36:06
Hudong wins LNGCs
China's state-owned Hudong-Zhonghua Shipbuilding has won a newbuilding order for LNG carriers from compatriot Sinopec and its transportation partner China Shipping Group. Hudong has inked a contract to build four 174,000-cbm dual-fuel diesel-elect...
2012-09-10 06:24:23
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