Shipbuilding
STX France inks cruiseships
STX France wins an order for up to three passengership newbuildings. Viking River Cruises has placed its second newbuilding order in four months. It has booked up to three new vessels at STX France to follow up its recent double swoop at Germa...
2011-12-22 07:35:16
Big3 reap $50bn orders
Although South Korea's Big 3 successfully reached order targets in 2011, market situation would be unfavorable next year due to a decrease in new orders by European shipowners as Eurozone financial crisis is being prolonged. Big three all have al...
2011-12-22 07:05:34
Japan "tough market goes on"
Chairman Kazuaki Kama, the Shipbuilders' Association of Japan (SAJ) said on 20 December, "At the time of my appointment in June, I did not assume strong yen would continue as far as today. And now we need to devise plans on the premise of strong yen....
2011-12-22 07:01:56
Mitsubishi builds more tonnage
Japan’s Mitsubishi Heavy Industries built 19 newbuilds (one LPG carrier, three tankers, six containerships, one ferry, six car carriers, two Ro-Ro's) or 1.48m gt in 2011, the company said in its year-end review of shipbuilding performance. In te...
2011-12-21 08:08:10
Daewoo exports 1st submarines
Daewoo Shipbuilding & Marine Engineering signed three submarines on Dec. 20th with Indonesian Navy, exporting newbuild submarines for the first time as South Korean shipbuilder. The KRW 1.3trn (about $1.1bn) deal includes building three 1,400-ton ...
2011-12-21 07:37:37
2011: High value-centered
Global new orders this year have sharply decreased as low as in 2009, when shipyards suffered severe orders drought right after global financial crisis. However, while new order for commercial ship plummeted, new order in terms of value is twice ...
2011-12-21 06:59:28
Chengxi delivers over-1m dwt
China's CSSC Chengxi Shipyard has delivered 18 vessels, 1,007,000 deadweight in the first 11 months. CSSC Chengxi was to complete 19 newbuildings in 2011 while 18 vessels have been delivered year-to-date and additional three vessels are planned t...
2011-12-20 12:32:31
Japan ship orders surge
Japanese export ship orders grew for the second straight month in November on a year-over-year basis, rising 47.4 percent to 773,790 gross tons, according to the Japan Ship Exporters’ Association. The year-over-year pace of growth quickened from...
2011-12-20 07:35:06
Fred ends HHI drillship option
An option on a drillship newbuilding secured by Fred Olsen Energy at Hyundai Heavy Industries has lapsed. Oslo-listed Fred Olsen has been hedging its bets on the vessel which it originally needed to firm by October, but it confirms the unit will n...
2011-12-20 07:20:31
New orders halved
World cumulative new order in the first 11 months just stands half of that in 2010. According to Clarksons, overall newbuilding order during January-November period halved the same period last year's 2,236 vessels of 137.5m dwt, with 1,141 vessels...
2011-12-20 06:53:10
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