Shipbuilding
Korean deliveries jump: Q1
South Korean major shipbuilders' newbuilding contracts have decreased by 40%, while delivery sharply increased by 53% in the first quarter, 2012. The nine member shipyards from the Korea Shipbuilders' Association (Koshipa) - Hyundai Heavy Industri...
2012-05-21 06:51:59
Daewoo pens LNG pair
Daewoo Shipbuilding & Marine Engineering in South Korea signed a contract for additional two 174,000-cbm LNG carrier newbuildings with Stena Bulk. Meanwhile, the owner, which is understood to be working on finalising long-term employment for the ...
2012-05-18 14:25:27
Daewoo inks eight LNGCs
Daewoo Shipbuilding & Marine Engineering of South Korea booked an order for two LNG carriers, with optional six vessels more, from Greek owner Almi Gas. Almi Gas is planning to make a $1.6bn investment in up to eight LNG carriers and has confirmed...
2012-05-18 12:14:32
Hyundai inks PCTC pair
Hyundai Heavy Industries of South Korea contracted for two 6,600-car-equivalent-unit pure car and truck carriers with Eukor Car Carriers, a car-carrier specialized shipowner. Eukor Car is known to have placed an order for newbuilding car carrier f...
2012-05-18 09:21:51
CSIC target domestic orders
China Shipbuilding Industry Corp., with seven yards, said domestic shipowners must renew their fleets to prevent the country's new ship orders from slumping to a seven-year low. A decline in overseas business, falling ship prices and rising labor ...
2012-05-18 08:25:29
Yangfan wins Eco-bulker
China’s Yangfan Group has won an order for six 39,500-dwt fuel-efficient bulk carrier newbuildings from Ireland-based d’Amico Dry Limited, the fully owned subsidiary of the diversified Italian operator d’Amico group. The contract also includ...
2012-05-18 07:51:04
LPGC & MR soar by April
Amid a depressed newbuilding market overall, during the first four months in 2012, market has seen a significant rise in the investment on LPG carriers and medium-range products carriers. According to Clarkson data, from January to April this year...
2012-05-18 07:13:29
Ingalls bags $134m order
May 15, 2012 - Huntington Ingalls Industries (HII) announced that its Ingalls Shipbuilding division has received a $133.7 million, cost-plus-fixed-fee advance procurement contract modification from the U.S. Navy to provide long lead time materials fo...
2012-05-17 07:58:38
Sungdong "Ink" livestock carriers
On May 15 at Kuala Lumpur (Malaysia) a unique contract was signed between Groot Ship Design from Leek (the Netherlands), Sundong Shipbuilding & Marine Engineering (Korea) and owner PBHH/BH livestock Vessel SDN BHD (Malaysia) for the design and delive...
2012-05-17 07:47:55
Ordering "Lowest-Ever"
Decrease in global newbuilding orders continued in April as well, and newbuilding price kept its downtrend. According to Clarkson Research Services' monthly report on May 15, there were orders for 51 vessels of a cumulative 1.8m dwt placed in Apri...
2012-05-17 07:05:12
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