Shipbuilding
STX to win ethylene carriers
STX Offshore & Shipbuilding in South Korea is expected to win an order for up to six 12,000-cbm ethylene carriers from LPG player Unigas. Sources suggest the three partners in Unigas — Othello Shipping, Schulte and Sloman Neptune — are...
2012-06-22 12:34:49
STX signs LOI for 5,000TEUs
STX Offshore & Shipbuilding of South Korea’s Chinese facility in Dalian has inked a letter of intent (LOI) for five plus five 5,000-teu boxships with London-based Zodiac Maritime Agencies. The newbuilding containerships cost $40m per ship, the l...
2012-06-22 12:28:46
GSI signs chemical tankers
June 21, 2012 - Concordia Maritime has signed a contract with Guangzhou Shipbuilding International (GSI), China for the delivery of two chemical parcel tankers of approx. 50,000 dwt at the end of 2014/beginning of 2015. The investment amounts to a...
2012-06-22 07:40:19
LNGC order boom till 2019
Although global LNG carrier market is expected to face a temporary supply demand imbalance around 2014, after then, the market would steadily grow and around 30 newbuildings will be placed orders every year. Analyst Yang Jong-Seo from KEXIM Overse...
2012-06-22 07:08:28
Yangfan pens Canadian BC's
MONTREAL, June 19, 2012 - Canada Steamship Lines ("CSL"), a division of the CSL Group, announced today a firm order for two new gearless bulk vessels, bringing to six the number of "Trillium Class" ships to be built as part of its major fleet expansi...
2012-06-21 07:47:34
Yangzijiang inks 64K BCs
China's large private-owned shipyard Jiangsu Yangzijiang Shipbuilding appears to have signed a contract for building four 64,000 dwt bulkers on June 15. The newbuilding, 199m in length and 13m in draft, is a low-carbon eco-friendly vessel, which i...
2012-06-21 07:26:15
Orderbook falls 20% year-to-date
While newbuilding investment has sharply declined this year, the largest amount of tonnage has been delivered and the global orderbook has diminished by almost 20%, during the first five months. According to Clarkson Research, the orderbook, as of...
2012-06-21 07:24:57
Newbuilding price hit bottom
Although newbuilding contract for May of the year has sharply increased by over 100% comparing to a previous month, due to shipyards' low-price offer for survivals, newbuilding price turns out to have plunged to the bottom since March 2004. In a r...
2012-06-21 07:23:40
Titanic II "Ready!"
The construction of a Titanic replica could begin this year after the billionaire behind the project said an engineering company had been hired to carry out a feasibility study. Plans by Australian mining billionaire Clive Palmer to build a 21st ...
2012-06-20 08:00:05
China denies 'low pricing'
China Newbuilding Price Index (CNPI) turns out to have maintained its downward trend. As of June 15, CNPI stood at 890 points, down by 0.6% on the end of May, of which CNDPI dropped by 0.5% to 868. Leaving out newbuilding price for kamsarmax bulke...
2012-06-20 07:18:42
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