Shipbuilding
Jinling to win two kamsarmaxes?
While Greek owner Soloi Inc is in consideration of placing newbuilding pair, sources see that CSC Jinling Shipyard of China is possibly to book new order. Some sources say the company has already signed a letter of intent with CSC Jinling Shipyard...
2012-05-11 12:05:44
Zodiac aims 5,000TEU bargains
London-based Zodiac Maritime Agencies is in talks with South Korean shipbuilders to order up to 10 5,000-teu boxships. Industry players say Zodiac aims to take advantage of the low shipbuilding market. “We understand Zodiac has no employment...
2012-05-11 08:17:15
DSIC wins aframax pair
China's Dalian Shipbuilding Industry is said to have won an order for aframax tankers from Norwegian owner John Fredriksen. The deal is for two firm orders with an option for two more, set for delivery late in 2013 and 2014. Price tag is reportedl...
2012-05-11 08:06:53
Demand for new tonnage surges
At the end of 2011, Mitsui O.S.K Lines (MOL) of Japan sold its four VLCCs for scrapping. Average age of these vessels is noticeable, which only remains at 15 years (two built in 1995, one in '96 and one in '97). It is analyzed that important t...
2012-05-11 07:07:51
IHIMU inks VLCC pair
IHI Marine United (IHIMU) of Japan contracted two VLCCs with Japanese owner JX Group. IHIMU took around five years to book another order for VLCC since its last contract in 2007. Recently, new order activity for VLCC in the world has almost stopped, ...
2012-05-10 10:10:14
Odfjell may book newbuilds
Norwegian chemical tanker owner Odfjell hints that it may be looking to order new chemical tankers in the near future. In a first-quarter conference call, president Jan Hammer pointed to good prices at several yards for coated tankers and low dema...
2012-05-10 07:53:44
Hyundai wins $655m drillship
Houston, May. 9, 2012, Diamond Offshore Drilling, Inc. (NYSE:DO) announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater dri...
2012-05-10 07:38:21
Yangzijiang to sign 18 10,000TEUs
China's Jiangsu Yangzijiang Shipbuilding is to sign a letter of intent for 18 10,000-teu ultra-large boxships with Seaspan of Canada, it announced. Seaspan placed an order for seven same-sized newbuildings at Yangzijiang, valued at $700m in total,...
2012-05-10 06:58:32
ShinaSB inks LOI for 6 MR
South Korea's ShinaSB Yard is just shy of sealing a deal for six medium-range product carriers. The Tong Yeong's representative medium-sized yard announced Wednesday that it signed a letter of intent for construction of a total of six MR tankers (...
2012-05-09 15:43:37
Q1: China's ship export slows
During the first three months this year, China's ship export showed a slow growth rate, with $10.36bn in total, up by 3.1% year-on-year. Ship import decreased by 19.4% to $400m, according to a statistical data from the General Administration of Custo...
2012-05-09 10:55:13
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