Shipbuilding
HMD inks Ro-Ro boxship
The National Shipping Co of Saudi Arabia has exercised options for two more specialised general cargoships at Hyundai Mipo Dockyard. It brings the total number of firm vessels under construction at the Korean yard to six. In March 2011, NSCSA ...
2011-09-14 06:49:04
Yangfan wins capesize
China’s Yangfan Group has won an order for up to six capesize bulkers from a Norwegian shipowner. A Yangfan executive confirms it has received an initial order for two capesizes from a company in Norway. He adds that the 205,000-dwt newbuild...
2011-09-09 11:56:51
Hyundai eyes five 5,000TEU's
Hyundai Heavy Industries is in talks with Greek owner for five 5,000TEU newbuildings. Greece's EuroBulk is set to place its first order for boxship newbuildings. The company is said to have approached the South Korean shipyard for a handful of...
2011-09-09 11:48:35
Kitanihon inks chemical tankers
Kitanihon Shipbuilding, now under a restoration of its yard after the catastrophic earthquake in northeastern Japan, inked six 19,800-dwt chemical tankers from Zodiac Maritime Agencies of England. Kitanihon, with four sisterships from Zodiac new ...
2011-09-09 11:21:18
Hyundai nego LNG carrier pair
Hyundai Heavy Industries is reportedly in final talks with BW Gas for two LNG carrier newbuildings. The deal is expected to be firmed up this month. The South Korean major shipbuilder is believed to have a few LNG-newbuilding slots available f...
2011-09-09 07:56:02
Samsung wins LNG carrier
Greek shipowner Thenamaris added another LNG-carrier newbuilding to its orderbook tally at Samsung Heavy Industries in South Korea. Industry sources say the owner is now sitting on three LNG slots at Samsung, where it made its first break into th...
2011-09-09 07:50:16
Chengxi inks 35K BCs
Canada Steamship Lines (CSL) announced on Wednesday it is exercising its option for the building of two new self-unloading vessels, bringing to four the number of ships on order in its major fleet-renewal program. The Montreal-based Great Lakes-S...
2011-09-09 07:26:46
Orders hit 'two-year low'
Monthly newbuilding ordering reached a two-year-low in August, with only 45 ships contracted worldwide. Clarkson Research Services says low freight rates and overtonnaged markets kept many shipowners away from shipbuilders. The figure also mark...
2011-09-08 07:08:23
Macro-environment worsens
As financial crisis in Europe continues, shipbuilding industry is pressed by depressed macro-environment. Analyst Lee Jae-Won, Tong Yang Securities, said on Sep 7, "Shipbuilding shares' rally would take a while for recovery, however, Hyundai Heavy...
2011-09-08 06:13:12
Korea order share grows
World new commercial ship orders in August recorded lowest monthly volume this year with 45 vessels, 1.41m cgt. Clarkson Research Services reported that South Korean shipbuilders won 910,000 cgt, about 64% of overall newbuilding in August. Kor...
2011-09-08 06:08:50
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