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Shipbuilding
"Review shipowner list"
"Historically largest wave in shipping and shipbuilding markets is coming with eco-friendly vessel." Shipping and shipbuilding market specialized analyst Lee Sok-je insisted as such on June 27, and added, "However, there are some owners resisting ...
2012-06-29 07:04:48
IHIMU help struggling EAS
Japan's IHI Marine United announced Wednesday that it has signed an agreement with Brazil's Estaleiro Atlantico Sul (EAS) shipyard to technologically assist EAS in ship construction and yard operation. During the next four years, IHIMU will help t...
2012-06-28 11:25:54
STX signs 5,000TEUs & LNGC
STX put pen to paper on newbuilding contracts for ten 5,000TEU boxships and a 160,000CBM LNG carrier worth a total of $650m. The South Korean shipbuilding behemoth announced this morning that its STX Dalian facility penned a contract with European...
2012-06-28 10:18:04
Jiangnan wins 1,100TEU quartet
China's Jiangnan Shipyard contracted for four 1,100-teu boxships from Shanghai-controlled shipowner Jinjiang Shipping, on June 15. Additional four optional newbuildings are also included in the contract and the China State Shipbuilding Corp's subs...
2012-06-28 06:26:12
Samsung pens $6.6bn y-t-d
Samsung Heavy Industries of South Korea is running far ahead of other shipbuilders in drillship sector, having contracted for six firm drillship and two options, year to date. NYSE-listed Ensco has exercised one of two options for a DP3 ultra-deep...
2012-06-28 06:21:32
S&M "severe order drought"
South Korea's small-and-medium shipbuilders are confronted with a difficulty of low new order for commercial ship, with high exposure to European customers feeling the pinch from the current debt crisis. However, major shipbuilders are overcoming ...
2012-06-28 06:19:40
Glovis orders PCTC trio
Hyundai Glovis announced in a regulatory filing Tuesday that its board of directors have decided to order three 6,700-ceu PCTC newbuildings. Contract value is to be $214.5m in total, the company revealed. An official from Hyundai Glovis said it...
2012-06-27 10:48:23
HMD getting "Selective"
South Korea's Hyundai Mipo Dockyard is now focusing on PCTC and LPG carrier orders with "reasonable" prices rather than hurrying to ink low-priced PCs. Hi Investment & Securities analyst Huh Sung-duk said, "Hyundai Mipo would sign more PCTCs and L...
2012-06-27 10:31:40
'Double Whammy'
Global shipbuilding industries are struggling with plummeted new order and decreasing newbuilding price. The Clarkson Newbuilding Price Index stood at 133.8 points at the end of May, down by 5.1p (3.7%) year-on-year and by 0.4p on previous month. ...
2012-06-27 07:06:04
Historic delivery continues
A total of 1,044 vessels of a combined 72.5m dwt (21.1m cgt) were delivered in the first five months of this year. According to Clarkson Research, during the same period, dry bulker deliveries account for 65% (47.1m dwt), which compares to 61% in ...
2012-06-27 07:04:11
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