SMS Towage buys two Damen tugs
UK towage company SMS Towage has purchased two tugs from Damen Shipyards. The first vessel, called Manxman, was handed over on 12 April, just seven days after contract signing. The contract for the second vessel, to be called Marksman, was signed...
Imabari scores Handysize BC duo
Wisdom Marine has ordered two Handysize bulkers from Imabari Shipbuilding of Japan. The Taiwanese operator has recently announced through a regulatory filing that it placed an order for the 37,000 dwt bulkers at about $50m in total. ...
Busan designing Korea's first electric ship
The Busan Port Authority (BPA) has recently announced that it carries out the concept design of electric-powered port guide ship with the goal of replacing the existing one that uses bunker C oil. The BPA plans to choose an yard to build the e...
China's NB orders grown sharply in April
The China Association of the National Shipbuilding Industry (CANSI) has recently released statistics on business results domestic shipbuilding industry posted for the first four months of 2019. According to the statistics, last April, Chinese shi...
DACKS won Ultramax contract from Japan
China-Japan joint venture yard Dalian COSCO KHI Ship Engineering (DACKS) has won a newbuilding contract for two Ultramax bulkers from Santoku Senpaku, a Japanese shipowner. The price is not disclosed, and scheduled delivery is at the end of 2020....
Thick plate price stays in 1H
The thick steel plate price for 1H 2019, which has been fiercely negotiated for a while, is likely to remain at the same level. Sources told that steel manufacturers including POSCO and Hyundai Steel are to freeze 1H thick plate price, conside...
Damen does quick repair for LNG carrier
Over four days in January, Damen Shiprepair Brest successfully carried out repairs to the hull of the 266-metre, 138,000m³, LNG Carrier LNG Methane Princess. In order to achieve this in the minimum time it was done while the vessel was both aflo...
Arctic LNG 2 may invite more LNGCs
Sovcomflot(SCF Group) is ordering four more LNG carriers for Arctic LNG 2 project, it is said. The industry and local media reported that Novatek and Sovcomflot are likely to sign an agreement for the four new LNG carriers in Summer at Zvezda ...
Japan has fed compatriot yards
Latest data showed that during FY2018 (from April 2018 to March 2019), Japanese yards have taken orders for 214 ships at 10.69m gt (4.63m cgt), which is a yoy 7.3% growth in terms of gt. The bulker occupied the most significant part with 150 unit...
Incat to build largest aluminum ship
Australian shipbuilder Incat has secured a contract to build the world’s largest aluminium ship. Incat Tasmania Pty Ltd will build the 130 metre long ship for long standing customer, Buquebus to operate between Argentina and Uruguay. The ...
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