Shipbuilding
Mingde enters LNG market
China's Nantong Mingde Heavy Industry signed an agreement with Cambridge Energy Group for strategic cooperation on July 23 and made sure to collaborate in building LNG carrier and logistics. The agreement states both companies would cooperate in d...
2012-07-26 05:49:48
"Slow steaming to benefit Koreans"
Slow steaming is expected to continue on the back of IMO's adoption of the Ship Energy Efficiency Management Plan (SEEMP) in 2011. Park Mu-Hyun, an analyst from Korea's E*Trade Securities, said on July 25, "At the IMO MEPC 62nd session in July 201...
2012-07-26 05:49:02
Boxship orders 'the worst'
As global contracting activity has been stagnant in the first half of 2012 by depressed shipping market and Eurozone Crisis, etc., only a total of 485 vessels (20.9m dwt, 8.8m cgt) were contracted, down by 46% in deadweight terms, on an annualized ba...
2012-07-26 05:47:09
90% of Chinese 'empty-handed'
China's shipbuilding industry saw new ship orders plummet by 67.5% in the first six months of 2012 and as much as 90% of the country's shipyards turned out to have secured no new order since the turn of the year, reported South China Morning Post on ...
2012-07-25 10:25:37
Imabari built 101, won just 30
Japan's biggest shipbuilding group Imabari Shipbuilding built and delivered a total of 101 ships in last financial year; 90 bulkers, seven PCTCs and four PCs totalling 4.73m gt and 8.19m dwt. On the contrary, the Japan's largest shipbuilder won ju...
2012-07-25 10:04:25
Tsuneishi post-panamax resale
Diana Shipping Inc has signed a Memorandum of Agreement to acquire a newbuilding Post-Panamax dry bulk carrier of 98,697 dwt, built by Tsuneishi Group (Zhoushan) Shipbuilding Inc., valued at $25m. The vessel, to be named "Amphitrite", is expected ...
2012-07-25 07:21:54
Jinling inks 64K BC quartet
China's CSC Jinling Shipyard has signed a contract for four 64,000-dwt bulkers with Singapore's Asia Pacific Shipping Enterprises, Australian mining magnate Clive Palmer Group's shipping subsidiary, on July 19. The newbuilding, upgraded to recent ...
2012-07-25 06:49:52
Onomichi wins LRⅠ tankers
Japan's Onomichi Dockyard has won new orders for four LRⅠ products tankers this year. It has fixed delivery schedule by the end of 2016 including ongoing newbuilding talks for MR PCs and handysize bulkers. The shipyard, however, admitted that...
2012-07-24 09:48:09
Uljanik close to winning ro-pax
The government of Turkmenistan is close to sealing a ro-pax order at Uljanik Shipyard in Croatia. The car ferries will be contracted as part of the central Asian country’s marine development plan up to 2020. Turkmenistan recently sent a dele...
2012-07-24 07:47:12
Brazilian wins 20 tankers
Brazil’s new Rio Tete shipyard has bagged an order for 20 coastal ethanol tankers from the compatriot Transpetro. Brokers reported that details are scant, but the vessels are likely to be quite small given that the contract price is a mere $10....
2012-07-24 07:26:43
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