Shipbuilding
MR PCs caution!
Owners committing themselves with orders for new MR product tankers may have overestimated the potential in the market, ICAP says. The shipbroker believes the sector has attracted disproportionate ordering interest driven by hope of improving dema...
2012-05-02 07:55:21
Warning: Speculative LNGC order
With rapidly increasing demand for liquefied natural gas, demand for newbuilding LNG carriers is also booming these days. However, many analysts believe there will be a lot of ships lying idle when the bubble bursts some three years later. Today, ...
2012-05-02 06:55:40
1st NOBS tanker order in China
Recently shipbuilding contracts were signed regarding the construction of 2x6,500 DWT and 2x4,500 DWT NOBS Bunker Tankers, the projects are united to invest by Zhejiang Huayun Shipping Co Ltd and Guangdong Zhanjiang Fuda Shipping (Fuel) Co Ltd and wi...
2012-05-01 08:16:00
Yantar 1st skew-going icebreaker
Metal cutting for a unique innovative icebreaker started on Apr 24 at Russia's JSC Yantar Shipyard (affiliate of United Shipbuilding Corporation). Orderer of the Project R-70202 multi-functional salvage ship is Russia's Federal Marine and River T...
2012-05-01 07:44:55
Chinese Wins Cruiseship: Titanic II
Australian billionaire Clive Palmer has recently signed an initial agreement with China’s CSC Jinling Shipyard to build a modern version of the Titanic that sank off Newfoundland 100 years ago. He wants to sail Titanic II from England to New Yor...
2012-05-01 07:33:34
STX pens LPG carrier pair
STX Offshore & Shipbuilding of South Korea has contracted for two 22,000-cbm LPG carriers with Ultragas Group, with optional four same-sized newbuildings more. STX is to build at its Jinhae yard with due delivery by the second quarter 2014. Ult...
2012-04-30 16:03:43
DSIC steps into "Scrapping"
Recently, China's Dalian Shipbuilding Industry Corp., Angang Steel and Singapore's Taiping Shipping Group had a groundbreaking ceremony for their joint-ventured eco-friendly shipbreaking complex in Changxingdao, Dalian. The shipbreaking complex is...
2012-04-30 12:17:20
Hyundai Mipo inks LPGCs
South Korean shipbuilder Hyundai Mipo Dockyard contracted for newbuilding LPG carrier quartet with an European owner, according to a regulatory filing on April 30. The contract values at a total of KRW 228.1bn ($200.5m), accounting for 5.5% of ove...
2012-04-30 11:49:13
WIG for future offshore use
Wing-in-Ground (WIG) craft development took a firm step forward with the recent announcement that two Korean companies – Daewoo Shipbuilding & Marine Engineering (DSME) and Wing Ship Technology Corp – are to co-operate to make production ...
2012-04-30 07:44:03
Almi to seal Daewoo LNGC
Greek shipowner Almi Tankers is finally closing in on its planned orders for up to two LNG carrier newbuildings. Daewoo Shipbuilding & Marine Engineering (DSME) is understood to be ready to have technical meetings with the owner. One or more ...
2012-04-30 07:19:05
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