Shipbuilding
KOGAS to order LNGC
The Korea Gas Corporation (KOGAS) announced that the US Sabine Pass LNG project with which KOGAS contracted long-term LNG purchases on January 30, has recently received authorization for liquefaction and export of natural gas by the Federal Energy Re...
2012-04-25 07:01:13
Japan Marine United coming!
Universal Shipbuilding and IHI Marine United (IHIMU) have unofficially decided company name, business organization, board members, etc. for its new joint company, scheduled to launch on October 1. The newly established company is named 'Japan Mari...
2012-04-24 10:47:34
STX inks six MR PCs
STX Offshore & Shipbuilding and STX Dalian win orders for a total of 6 products tankers, valued at $200 in total. STX O&S contracted with the US owner Alterna for two 50,000-dwt tankers with delivery for the second quarter 2013, and optional two ...
2012-04-24 09:35:57
Ordering cycle resumes?
As scrapping for 2012 seems to hit the highest yearly record, this would help resume newbuilding ordering cycle. Choi Kwang-Sik, LIG Investment & Securities said on April 23 that recently newbuilding price, second-hand price and charterage all are...
2012-04-24 07:07:39
Feedership orders to increase
Owners may be encouraged to turn their attention to feedership newbuildings, rather than ultra-large boxships, according to Maersk Broker. Tight finance will hold back contracting activity but if money can be raised, then orders for ships of below...
2012-04-23 08:04:56
Jumbo orders Ice heavy-lifter
Jumbo Shipping - market leader in oversized and heavyweight cargo transportation - has confirmed the order for a second new K-class vessel, with an option on a third, to complement its existing fleet. After careful consideration and engineering st...
2012-04-23 07:35:45
HMD wins local BC order
South Korean smelting company LS-Nikko Copper — a joint venture between South Korea’s LS Corp and Japan’s Nippon Mining & Metals Co — has ordered a handysize 37,700-dwt bulker at compatriot Hyundai Mipo Dockyard. The newbuilding is...
2012-04-23 07:33:39
Hyundai Mipo pens PCTC
Hyundai Mipo Dockyard of South Korea has contracted for one 6,500-car-equivalent-unit pure car/truck carrier (PCTC) for delivery in mid-2013 from Ray Shipping of Israel. No price has been disclosed but market experts put it at around $60m. Wi...
2012-04-20 11:22:33
NYK ready to order LNGC
Japan's NYK Line is reportedly looking to order a spate of new LNG carriers. NYK executive vice-president Masahiro Kato has been reported by the media as saying during an interview in Tokyo that the Japanese giant plans to bring forward its LNG f...
2012-04-20 07:34:53
Fincantieri wins Viking Cruiseships
LOS ANGELES, April 19, 2012, Viking Ocean Cruises, sister company of Viking River Cruises, the world's leading river cruise line, and Fincantieri, world leader in cruise shipbuilding, announced the signature of a Memorandum of Agreement for the const...
2012-04-20 06:58:59
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