Shipbuilding
Chinese wins aframax
Hong Kong-listed China Shipping Development Co (CSDC) ordered a new tanker at a sister shipyard on January 13th. The 110,000-dwt aframax tanker will cost $53.28m from parent China Shipping Group’s China Shipping Industry (Jiangsu). Delivery...
2012-01-17 07:23:09
KOSHIPA asks state LNGC order
Chairman of the Korea Shipbuilders’ Association (KOSHIPA) and Daewoo Shipbuilding & Marine Engineering's CEO Nam Sang-Tae said, "South Korean yards' recently self-developed LNG cargo containment systems having no track record, they are having diffi...
2012-01-17 07:12:57
DSIC inks four boxships
Dalian Shipbuilding Industry Company (DSIC) is known to win four containerships. Overseas report said on 13 January that DSIC recently sealed newbuilding contracts for four boxships from the Singapore-based Pacific International Lines (PIL). S...
2012-01-16 09:29:04
STX inks seven newbuilds
STX Pan Ocean placed new order for five handysize bulkers, one slurry iron-sand carrier, one semi-submersible heavy-lift carrier at STX Offshore & Shipbuilding. The newbuildings are known to be constructed at STX Dalian facility in China. The ...
2012-01-16 07:20:03
KOSHIPA sweep orders
According to statistical data from the Korea Shipbuilders' Association (Koshipa), its nine member shipbuilders achieved a total of 266 vessels of 11.63m cgt new orders in 2011, up by 42.7% on 2010. Meanwhile, Clarksons recently reported that South...
2012-01-16 07:01:33
HMD & DSME to win tankers
From the beginning of the new year two South Korean shipyards are competing to win tanker orders, which have been very rare last year. Hyundai Mipo Dockyard is tipped to be ahead in the race to win a contract from Kuwait Oil Tanker Co (KOTC) for f...
2012-01-13 11:49:58
Stena to order five LNGCs
Stena Group is reportedly considering an $1.2bn order for up to five new LNG carriers (LNGC). The purchasing deal is thought to be a joint venture with an unnamed US energy company, according to Oslo-based investment bank Arctic Securities, quoti...
2012-01-13 08:22:04
Indian enters shipbuilding
India's Titagarh Wagons (TW) is moving into shipbuilding business and aims to construct bulk carriers of up to panamax-size. It will pick up a stake in the newly floated sister company Titagarh Marine. “We are already into heavy engineering...
2012-01-13 07:45:20
Canada milestone order sealed
A landmark deal to construct 21 combat vessels at the Irving shipyard in Halifax has secured a stamp of approval from Canadian prime minister Stephen Harper. In an address tied to a CAD 25bn ($24.5bn) contract that has been in the works since lat...
2012-01-13 07:41:05
Almi confirms LNG swap talks
Almi Tankers expects to firm up a deal with a substitute buyer for its two VLCC newbuildings in weeks leaving the way clear for the company to make a break into the LNG sector with a single new order. Company head Costas Fostiropoulos said negoti...
2012-01-12 07:49:44
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