Shipbuilding
Yangzijiang wins woodchip duo
Nova Shipping of Singapore signed contracts for another pair of woodchip carriers in China. Industry sources say the deal for the 69,300-dwt duo has gone to Jiangsu New Yangzijiang Shipbuilding, bringing the tally of similar-size woodchip carrier...
2012-01-09 07:49:31
Big3 nations "of all sorts"
South Korea, China and Japan, major shipbuilding countries, have different distinct features of each own. Korea and China, securing a total of 90% of world shipbuilding market, show obvious difference in new order structure. Although Chinese ya...
2012-01-09 07:07:00
Korea inked 11.6m cgt: Koshipa
South Korean shipbuilders bore fruit of winning 11.63m cgt of new order in 2011. Successful newbuild high-value vessels contracted by major yards did much to make an outstanding result amid troubled shipping market. According to 2011 statistical d...
2012-01-06 14:26:48
Stena launches MR tender
Stena Bulk and partner Weco Shipping have launched a tender for a series of 52,000-dwt products tankers. Chinese yards Guangzhou Shipyard International (GSI) and Dalian Shipbuilding Industry Co, plus a South Korean builder are reportedly in the r...
2012-01-06 11:06:01
STX to win LNG carriers
Russia's Sovcomflot is to declare a pair of optional LNG-carrier newbuildings at STX Offshore & Shipbuilding no later than this month. Industry sources say Sovcomflot is likely to firm up a charter deal on the two so-called Atlanticmax ships with e...
2012-01-06 09:58:52
Jinhai delivers 1st VLCC
China's Jinhai Heavy Industry has completed the construction of its first 320,000 dwt VLCC for delivery to a Norwegian shipowner. The VLCC is designed to consume less bunker fuel for higher energy efficiency. The shipyard has a further seven o...
2012-01-06 08:20:30
Nantong delivery "New record"
Shipbuilders in Nantong, China, made a new record of delivery in 2011. Nantong's state governmental statistics show that newbuilding delivery, within the jurisdiction of Nantong, increased to 167 vessels and 8.8m dwt, up by 25.6% and 13.8% in term...
2012-01-06 07:20:23
Hyundai Mipo to build 99
President & CEO Choe Weon-Gil, Hyundai Mipo Dockyard (HMD), revealed the company's 2012 new order target of 83 vessels of $3.2bn, KRW 4trn of turnover and $3.2bn of export. Moreover, the South Korea yard plans to deliver 81 vessels (excluding HVS'...
2012-01-06 07:15:25
Chem tanker prices to fall
Chemical tanker newbuilding prices would remain depressed despite expectations for improved earnings, DVB says. Strain will also be seen in secondhand ship values regardless of anticipated improvements in demand and an easing of supply following ...
2012-01-05 08:05:42
Daewoo wins five VLCCs
Kuwait Oil Tanker Co is to order five very large crude carriers from South Korea’s Daewoo Shipbuilding & Marine Engineering. The total order costs $556m and a $111m outlay for a VLCC is comfortably ahead of the present quoted brokers’ prices f...
2012-01-05 07:48:43
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