Shipbuilding
Newbuild price set to rise?
South Korean shipbuilders Samsung Heavy Industries, Hyundai HI, etc. are receiving investors' high interest due to an expected rise in newbuilding prices and freight rates. Shinhan Investment forecast on April 27, "While major rates and newbuildin...
2012-04-30 06:54:44
Bohai in talks for Newcastlemax
Sources said that China's Bohai Shipbuilding Heavy Industry is in talks with a Singaporean owner for two large bulkers. As Berge Bulk is lining up orders for two Newcastlemaxes in a further sign of fleet expansion, sources say the Singapore-based ...
2012-04-27 12:34:33
Jinhai to pen two 64K BCs
China's Jinhai Heavy Industry is known to have won an order for two bulkers from a Greek owner. The Laskaridis group of Greece is planning to expand its activity in the dry-bulk sector and is close to ordering newbuildings. But it has not as yet ...
2012-04-27 12:14:10
AVIC Weihai inks two MPCs
China's AVIC Weihai Shipyard has recently booked a new order for 28,400-dwt multi-purpose carriers (MPC) from Ansheng Shipping of China. The newbuilding MPC, 179.9m in length, 27.6m in breadth, 14.2m in height and 10.2m in designed draft, will be ...
2012-04-27 10:16:49
Brightoil to order LNGC & Tankers
China's Brightoil Petroleum is to order five products carriers and three LNG carriers as early as this year. The Hong Kong-listed company announced in 2010 that it would increase its total fleet to 2m dwt by 2013, to take advantage of the Chinese ...
2012-04-27 08:28:30
Rio Tinto newbuilds 15 BCs
Rio Tinto Marine, part of the world's second-largest mining group Rio Tinto, expects delivery of 15 new dry bulk and ore vessels by the end of 2014, taking its total fleet size to 20, Chief Operating Officer Michael Harvey said earlier this week. ...
2012-04-27 07:29:14
Chinese BC resale rises
Chinese shipyards are rushing to re-sell newbuildings of which the original contracts have been canceled and the deliveries are impending. Clarkson Hellas said that Chinese yards struggle to manage newbuilding resales of its increasing volume of p...
2012-04-26 07:16:38
Orders for midsize ships grow
Stepping in the second quarter, orderings for medium-sized bulker and tanker seem to increase gradually. In April, China's Taizhou Sanfu contracted four 51,000-dwt bulkers from a domestic owner and Japan's Oshima Shipbuilding and Tsuneishi Shipbui...
2012-04-26 07:11:40
Sungdong eyes profitable orders
Sungdong Shipbuilding & Marine Engineering of South Korea, now proceeding restructuring program with finances from the creditor group, has not booked orders this year as it is reluctant to contract in low value. However, starting from the second h...
2012-04-26 07:07:37
HMD back to world 5th
Hyundai Mipo Dockyard, which had maintained global 5th place in orderbook by shipbuilding group, took back its place as of the end of March. According to Clarksons, as Japanese shipbuilders' domestic orders had been added to February results, Japa...
2012-04-25 07:05:16
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