Shipbuilding
Samjin delivers Heavy-lift Carrier
Samjin Shipbuilding Industries Korea Co., Ltd. (“SSI Korea”) announced that it has delivered a DWT15,000 Heavy Cargo Carrier “KOREX SPB NO.1” to Korea Express Co., Ltd(“KOREX”). The newly delivered vessel is one of the two vessels KOR...
2012-03-30 15:18:29
BP eyes massive tanker orders
BP Shipping has gone out to shipyards for up to 14 tanker newbuildings worth some $750m for deliveries in 2014. BP is understood to be checking out prices and delivery slots for between six to 10 aframaxes and three to four suezmaxes. Newbuilding...
2012-03-30 14:45:29
Hellenic orders hit $1bn
Greeks continue to place newbuilding orders with bulk carriers holding the lion share of their newbuilding appetite, 62% of the total number of orders placed in the first three months of the year, Golden Destiny’s Annual Newbuilding Report shows. ...
2012-03-30 08:11:48
Jiangnan scores ice-class BCs
Diana Shipping of Greece has penned a $58m order to construct a pair of ice-class panamax bulkers at China Shipbuilding Trading Co and Jiangnan Shipyard under CSSC umbrella. The New York-listed owner says it expects the 76,000-dwt ice-class vesse...
2012-03-30 07:41:12
HMD inks LPG carriers
Belgian owner Exmar has penned midsize LPG carrier newbuildings at South Korea's Hyundai Mipo Dockyard. The deal to construct up to eight 38,000-cbm vessels at South Korea’s Hyundai Mipo Dockyard materialised on Thursday. Finance chief Migu...
2012-03-30 07:32:30
Vitol JV builds PCs in Korea
Vitol, a commodity trader, has bought a 50% stake in bunker supplier Cockett Marine Oil from the South African shipping group Grindrod. Under the deal, Vitol and Cockett have formed a joint venture company called Leopard Tankers that will build f...
2012-03-29 07:27:32
Yards Crisis Deepens
With global orderbook cut by 30% for the last year and newbuilding price continued decreasing for nine consecutive months, small-and-medium shipbuilders wround the world have confronted a serious management crisis. According to Clarksons and indus...
2012-03-29 07:05:42
China revamp to high-end
South Korean shipbuilders should actively keep up with global trend to maintain its leading place in market share, especially when Chinese shipbuilding industry is looking for holding various new competitiveness as well as low labor cost, such as tec...
2012-03-29 06:59:53
Boxship order plummets
Shipyards face a miserable year as containership newbuilding interest collapses. Latest analysis from Clarksons shows that just one contract was signed in the first two months of 2012. That was for a single 4,800 teu containership worth $54m. ...
2012-03-28 07:47:06
"New ships at low prices"
New, fuel-efficient ships and low construction prices could come to the rescue of the world’s beleaguered shipbuilding industry. Shipbroker Barry Rogliano Salles (BRS) says interest could be generated in building a “new, more competitive flee...
2012-03-28 07:40:06
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