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Shipbuilding
Newbuild price drops further
Amid depressed newbuilding market, Clarkson newbuilding price index showed an eighth consecutive month-on-month fall in February and recorded 136.3p, as of the end of last month, down by 1.3p on January 2012. The index last month is even lower th...
2012-03-21 06:50:23
European-Chinese into cruiseship
European shipyards are likely to form JVs with Chinese yards to construct cruise ships tailored to the local market, the chairman of the world’s largest cruise ship builder has predicted as the sector faces growing Asian competition. Corrado Ant...
2012-03-20 07:09:52
Hyundai wins LNG carrier
Oman Shipping Company has contracted Hyundai Heavy Industries for building a new LNG carrier. It says the 162,000-cbm vessel will be handed over by the world’s largest shipbuilder in 2014. In a statement Oman Shipping does not reveal how muc...
2012-03-20 07:04:33
Ordering picks ups, narrowly
There have been 63 vessels of a cumulative 3.1m dwt ordered in February 2012, which represents a month-on-month increase in contracting of about 22% in terms of dwt. In particular, six LNG carriers were contracted in February, all of which have b...
2012-03-20 06:58:52
Japan inks 11 export ships
According to the Japan Ship Exporters' Association (JSEA), Japanese shipbuilders' export ships contracted in February 2012 are 11 vessels of 0.4m gt, down by 23% on the same month last year, which include one car carrier, one product carrier and one ...
2012-03-19 06:53:43
Recovery "After 3 years"
It would take at least three years or more for global shipbuilding industry to recover from recent depression, prospected China Association of the National Shipbuilding Industry (CANSI) on March 15. Wang Jinlian, general secretary of CANSI, pointe...
2012-03-19 06:49:35
Mitsui targets 25 newbuilds
Japan's Mitsui Engineering & Shipbuilding targets to win orders for a total of 25 vessels, in terms of 56,000-dwt bulker, in the fiscal year 2012, stated at its press conference on March 15. The Japanese shipbuilder forecast that it would have con...
2012-03-19 06:43:11
Hanjin talks for "European boxships"
Hanjin Heavy Industries & Construction replied to the filing request this morning that it is not involved in the order intake rumored the previous day. The Korea Exchange has requested Hanjin Heavy Industries & Construction for a regulatory filing...
2012-03-16 11:22:39
RS opens new centre in Korea
Russian Maritime Register of Shipping (RS) has opened a Design and Newbuilding Support Centre in the Republic of Korea. The Centre has been established in line with the RS strategic global expansion plans. It will facilitate further development o...
2012-03-16 08:09:54
JES profit triples
Singapore-listed JES International of China bagged CNY 202.9m ($32.05m) last year, up from CNY 65.8m a year earlier. It explains revenue raced to a record CNY 2.95bn due to the delivery of higher priced ships a full contribution from its second y...
2012-03-16 07:37:33
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