Shipbuilding
Hyundai Mipo pens two LPGCs
Hyundai Mipo Dockyard is known to have won two 20,550-cbm ice-class LPG carriers from Russian state-owned Sovcomflot, with delivery by the third quarter 2013. The newbuilding price is unrevealed. It seems that the South Korean shipbuilder focus...
2012-02-28 09:19:34
Samsung inks drillship-LNGC double
John Fredriksen has splashed out potential $2.2bn in newbuilding orders at Samsung Heavy Industries for LNGC and drillship. Seadrill, the shipping magnate's offshore drilling company, has ordered two deepwater drillships at the South Korean shipb...
2012-02-28 07:29:24
Japanese to re-emerge? (4)
'Eco' is a key issue for future shipbuilding industry. 'Eco-ship' is a energy-efficient ship, which is improved fuel efficiency of engines or wind or tide resistant ship. Mitsui Shipbuilding of Japan has already booked two bulkers from Japanese...
2012-02-27 09:49:16
USC to build icebreakers
United Shipbuilding Corporation (USC) and Vyborg Shipyard (VSZ) on February 23, 2012 signed contracts to build two diesel-powered sea-going icebreakers of project 21900M with rated power 16 MW, USC press office said. The newbuilds contract worth ...
2012-02-27 07:51:46
Hyundai turnover down in Jan
Hyundai Heavy Industries made a regulatory filing on February 24th that its revenue for January 2012, on K-IFRS stand-alone basis, decreased to KRW 1.8595trn ($1.65bn), down by 22.4% on month-on-month and by 14.7% year-on-year. Meanwhile, the Sout...
2012-02-27 07:04:14
Samsung inks two drillships
Samsung Heavy Industries made a regulatory filing on February 24th that it inked a new order for two drillships from an shipowner in the US on Feb 23rd. The contract amounts around KRW 1.2389trn ($1.1bn), which makes up 9.5% of recent revenue, wit...
2012-02-27 06:59:29
Korean vie for BC order
South Korean and Japanese shipowners are chasing long-term BC charter contracts from state-controlled utility owner Korea East-West Power (KEW). And South Korean shipyards are competing to win newbuilding orders. KEW is looking to fix four bulk ca...
2012-02-24 11:36:37
Ichthys LNGC tender starts!
Shipyards in South Korea and Japan have been invited to a newbuilding tender to build up to three LNG carriers to lift cargoes from the Ichthys LNG project in Australia. Industry players say Total has launched the first part of its newbuilding te...
2012-02-24 09:21:20
DryShips reveals BC order in China
George Economou’s DryShips has quietly picked up a series for four post-panamax newbuildings in China. Nasdaq-listed DryShips revealed the $136m swoop more than two months after the deal was placed as it reported its fourth quarter earnings. ...
2012-02-24 08:25:27
Japanese to re-emerge? (3)
Slow modernization of shipbuilding facilities in Japanese yards interrupts their progress. Hyundai Heavy Industries of South Korea operates the world's largest yard with yearly capacity of 28 vessels. Japan's one of largest yards, Universal Shipbu...
2012-02-24 07:29:46
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