Shipbuilding
Innovative newbuild soars
Amid prolonged troubled shipping market, there has been steady fresh orders for newbuildings in almost every ship type, particularly demand for newly-developed innovative ship design soaring in 2012. In case of standard commercial ships, bulker co...
2012-02-17 07:04:33
Safe keeps "Aggressive Ordering"
Safe Bulkers keeps ordering new ships in the dry-cargo market. Safe already has 10 newbuildings on orderbook and president Loukas Barmparis says more could be added. “We have the ability and readiness to take advantage of a drop in asset pr...
2012-02-16 07:32:01
Shipbuilders "Further Hardship"
The aftermath of depressed new order, started from the global financial crisis in the end of 2008, would hit heavy on shipbuilders in South Korea and have bad effect on industries in South Kyongsang province, one forecast during a Q1 meeting for Sout...
2012-02-16 07:06:25
Korea to sweep LNGC again
South Korean shipbuilders are pushing ahead with securing LNG carrier orders, which is in an upward cycle. Hyundai Heavy Industries inked an order for one newbuilding LNG-FSRU from Hoegh LNG of Norway on 13 February, after successfully sealing a c...
2012-02-16 07:01:22
Golar to order more LNGC
John Fredriksen’s latest visit to Hyundai Heavy Industries for new LNG carriers has not satisfied his hunger for LNG newbuildings. Fredriksen’s Golar LNG, which booked 2+2 LNG carriers at the world’s largest shipbuilder on February 10th, is...
2012-02-15 07:38:43
Samho goes into liquidation
Samho Shipbuilding, based in Tongyoung, South Gyeongsang Province, South Korea is to undergo liquidation, in the end. As once a global Top 100 yard, on basis of backlog, having failed to rehabilitate, other Korean small-and-medium yards are worri...
2012-02-15 07:08:24
Top 10 to occupy 70%: China
China's mid-to-long term industrial development plan, led by the Central People's Government of China, underlines the importance of shipbuilding industry, in particular. The plan is to increase Chinese major ten shipbuilders' market share in overa...
2012-02-15 06:59:55
Hyundai books five LNG vessels
Hyundai Heavy Industries group recently won a total of five LNG vessels, valued at $1.1bn. Hyundai HI signed a contract for one LNG-FSRU with Höegh LNG of Norway on 13 February and back on 8 Feb, it booked two 162,000-cbm LNG carriers from Eu...
2012-02-14 12:02:56
STX pens 15 ships
STX Offshore & Shipbuilding sealed successive contracts in 2012. STX contracted for two newbuilding 170,200-cbm LNG carriers with Sovcomflot and six 50,000-dwt MR tankers with John Fredriksen Group, announced on 10 February. Newbuilding prices ...
2012-02-14 09:20:03
OSX to win drillships
Sete Brasil, the independent holding company created by Brazil's energy major Petrobras, is close to awarding a drillship newbuilding contract to Brazil's OSX shipyard. It is said that the owner will sign for an order for the construction of two u...
2012-02-14 07:46:36
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