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Shipbuilding
Ship export declines over 20%
Korean shipbuilders are to see the first drop in exports in almost two decades this year, against the highest record in 2011. In a report 'H1 2012: Import-Export forecast' from the Ministry of Knowledge Economy (MKE) on July 1, during the first si...
2012-07-06 07:19:34
GSI wins 10 chemical tankers
Stena Bulk and Concordia Maritime have ordered up to ten chemical tanker newbuildings in China. The Swedish owners said the 50,000-dwt chemical carriers will be built at Guangzhou Shipyard International (GSI). “To challenge today's fierce ...
2012-07-05 09:54:51
Rosatom invites bids for icebreaker
The state-owned Rosatom Corporation of Russia has announced an open tender for the contract for the construction of a flagship 60MW nuclear-powered icebreaker, valued at RUB 36.96 billion (roughly about $1.14bn). Deadline for submission of bids is...
2012-07-05 06:30:49
HMD meets half the target
Hyundai Mipo Dockyard of South Korea has met over half of its yearly new order target and is expected to be the biggest beneficiary from Chinese shipbuilding industries' restructuring. Analyst Choi Kwang-Sik, LIG Investment & Securities said on Ju...
2012-07-05 06:30:09
H2: More orders tipped
Despite continued concern over Eurozone crisis, with slowly reducing over-tonnage commercialship, newbuilding investment from European countries are expected begun in the second half of 2012. Moreover, if oil price can be maintained at some $90 (o...
2012-07-05 06:28:38
STX doubles new orders
Amid historically low newbuilding activity worldwide, South Korea's STX is ramping up new ship orders this year. The company's STX Offshore & Shipbuilding, STX Europe and STX Dalian yards won a total of 70-ship orders in the first half of the year...
2012-07-04 10:41:57
Evalend eyes 5,000TEUs
Greece’s Evalend Shipping is interested in ordering more panamax containerships but denies recent rumor that it has placed an order for up to four 5,000-teu newbuildings at Hanjin Heavy Industries & Construction’s Subic yard in the Philippines. ...
2012-07-04 06:45:24
China ship export falling
As an aftermath of global shipbuilding market depression, China's ship export and import continue to decrease. China's total amount of ship export and import during the first five months of this year is $17.59bn, down by 2.5% year-on-year, of whic...
2012-07-04 06:37:53
Hyundai inks $6.1bn y-t-d
South Korea's Hyundai Heavy Industries (Hyundai Samho HI included) has contracted around $6.1bn year-to-date in shipbuilding and offshore & engineering divisions, with recently sealed 10 13,800-teu ultra-large boxships deal. This accounted for 43%...
2012-07-04 06:32:34
Hyundai finally signs 13,800TEUs
Hyundai Heavy Industries of South Korea announced on July 3 that it signed a contract for 10 13,800-teu boxships, totalling about $1.2bn, with Greek owner. These newbuildings are to be constructed at Ulsan yard and delivered one by one from H2 201...
2012-07-03 11:07:20
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