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Shipbuilding
PGS awaits newbuild options
Norwegian seismic contractor Petroleum Geo-Services (PGS) has earmarked $200 million for newbuilds next year on expectations of a market uptick. The proposed investment is part of an overall targeted capital spend of $350 million to $400 million ...
2011-12-19 07:41:25
Samsung tops world orderbook
Samsung Heavy Industries of South Korea takes the first place in backlog as of the early December, ahead of Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries. According to Clarksons, Samsung recorded 179 vessels or 8.269m cgt o...
2011-12-19 07:01:22
Big3 to exceed $50bn
South Korea's Big three arrest attention whether to exceed overall new order of $50bn or not, as they already have passed or just came closer to 2011 target. Hyundai Heavy Industries, including Hyundai Samho Heavy Industries firmed up as the first...
2011-12-19 06:58:14
Chinese to order 8 Pax.
Chinese coastal shipowner Shenhua Zhonghai Shipping is looking to order eight panamax bulkers at a domestic yard. The joint-venture company owned by Shenhua Group and China Shipping Group (CSG) is in talks with domestic shipyards to book the 76,0...
2011-12-16 10:41:12
Hyundai Samho inks LNG carriers
Greece's Maran Gas Maritime has firmed up on two anticipated LNG-carrier-newbuilding options at Hyundai Samho Heavy Industries. Contracts on the pair of 164,000-cbm vessels were signed on Tuesday, sources say. The vessels are due for delivery...
2011-12-16 08:48:19
Hyundai Mipo wins 1,850TEU's
South Korean feeder liner Namsung Shipping said it has inked three 1,850-teu vessels at Hyundai Mipo Dockyard for delivery in the first half of 2013. The ships will trade in Southeast Asia — from South Korea to Thailand and Vietnam via Hong...
2011-12-16 08:42:59
2012 outlook 'worrisome'
South Korea's troubled shipbuilding market is expected to last for a while, with its clouded 2012 outlook for Korean domestic shipbuilders. According to Korea Development Bank (KDB) Research Institute's recently reported '2012 outlook for Korean m...
2011-12-16 07:37:41
HMD delivers all-time high 89
Hyundai Mipo Dockyard made a record-high delivery of 89 newbuildings in 2011 since its establishment in 1975. After a naming ceremony for 37,000-dwt bulker from Daiichi Chuo Kisen of Japan on 9 December, the South Korean yard recorded the largest ...
2011-12-16 07:33:46
Samjin inks 36K BC sextet
After a four-year hiatus, Compagnie Maritime Belge (CMB) came back to order six ECO-type handysize bulker newbuildings at South Korea’s Samjin Shipbuilding Industries, which is located in Weihai city, Shandong, China. The NYSE Euronext-listed pa...
2011-12-15 07:36:35
LNG-powered vessel to surge
Det Norske Veritas (DNV) of Norway estimated that about 500 LNG-fueled vessels to be ordered by 2015 and thousands of LNG-fueled newbuildings by 2020. It said that regulation on sulfur oxides emission would increase green LNG-propulsion vessels. ...
2011-12-15 07:10:49
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