Shipbuilding
Tsuneishi pens 58K bulker pair
Japan's Tsuneishi Shipbuilding has won an order for two 58,000-dwt bulkers from Norwegian owner Lars T. Ugland. Newbuildings are to be constructed at China based Tsuneishi Group (Zhoushan) Shipbuilding, with delivery scheduled in the first half of...
2012-07-19 07:01:33
Avic Dingheng inks ethylene/LPG duo
China's Avic Dingheng Shipbuilding appears to have signed a contract for two 4,700-cbm ethylene/LPG carriers with Anthony Veder of the Netherland. Sources said that contract values around $22m per ship, with delivery for June and December in 2014....
2012-07-19 06:57:12
Samjin wins Eco BC again!
Samjin Shipbuilding Industries Korea Co., Ltd. (SSI Korea, Chairman: Young Il Kang) announced that it has received new order to build 2 units (including one option) of the latest eco-friendly fuel efficient 36,000DWT bulk carrier. The order was ma...
2012-07-18 10:31:19
Hantong inks panamax pair
China’s Hantong Ship Heavy Industry has won an order for two panamax newbuildings from Korea’s HI Investment & Securities. Brokers said the shipbuilder will bank around $26m each for the two 64,000-dwt bulkers. The owner already has six 57...
2012-07-18 06:43:37
Market uncertainty gets longer
At 'Shipbuilding and shipping companies' CEOs invited conference' on July 16, led by the Export-Import Bank of Korea, Korean Big3 shipbuilders' CEOs said it would be uncertain to figure out when will shipbuilding economy be recovered. Big3 expecte...
2012-07-18 06:15:11
Rising scrapping: sign for recovery
As around 649 vessels headed to shipbreakers year to date, having exceeded 620 vessels of those sold for scrap on the same period last year, demand for newbuilding commercial ship seems to recover. Analyst Park Mu-Hyun, E*Trade Securities of Korea...
2012-07-18 06:10:04
Sumitomo "No worries at all"
Sumitomo Heavy Industries insists it has not given up on shipbuilding despite taking no orders in the past year and being left with little more than a year’s work on its order books. The Japanese shipbuilder is listed with just four ships on ord...
2012-07-17 07:37:46
Kleven inks LNG-powered PSV
Kleven Maritime has signed a contract with Remøy Shipping on the delivery of a LNG powered platform supply vessel. The vessel is to be built at Kleven Maritime’s shipyard Kleven Verft. Total contract value for Kleven is around 400 million NOK. In ...
2012-07-17 06:36:13
Plunged prices stimulate S&P
While ship prices have plummeted by an extended troubled shipping market, newbuilding investment has sharply decreased, on the other hand, secondhand deals appears to be active. The price for a five-year-old capesize bulker (172,000 dwt), as of th...
2012-07-17 06:27:14
Oldendorff eyes Chinese bulkers
Germany's bulker specialist Oldendorff Carriers is being linked to a possible order for ultramax and/or kamasarmax bulkers in China. Informed sources say it has approached several Chinese yards to sound them out on price and delivery. It has be...
2012-07-16 07:18:26
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