Shipbuilding
Brightoil plans Big order in Korea
China’s Brightoil Petroleum is preparing for a massive newbuilding orders worth $1.75bn, including five LNG carriers, in South Korea. Market sources say the Hong Kong-listed owner has approached major South Korean shipbuilders for a total of 15...
2011-12-09 09:07:20
SWS pens 1st kamsarmax
China’s state-owned CSSC-affiliated Shanghai Waigaoqiao Shipbuilding (SWS) has won its first ever orders for kamsarmax bulkers from a domestic steel-mill owner. Sources say Singapore-based Cara Shipping has booked two 82,000-dwt newbuildings pl...
2011-12-09 08:37:46
Hyundai Mipo inks LPG trio
Hyundai Mipo Dockyard in South Korea has reportedly won an order for up to three midsize LPG carriers from Swiss-based owner Geogas. The deal includes one firm order for a 35,000-cbm vessel with options for two more. Sources suggest they will ...
2011-12-09 08:33:43
Rongsheng scores 20 Suezmaxes
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, has announced that it has received a 10+10 157,000 DWT Suezmax tankers shipbuilding order from Global Union Shipping Limited. The order further cons...
2011-12-09 07:52:48
Post-Lehman Replay?
Shipbuilders are starting to feel the pinch brought about by the oversupply of tonnage and the global financial crisis. Not only are new orders expected to remain subdued for some time, but restricted access to finance from traditional European l...
2011-12-08 07:32:38
S&M in life-or-death point
South Korea's small-and-medium sized builders are known that they are in a life-or-death situation as their creditor groups started full-scale financial inspection on shipyards. Since after the US financial crisis in 2008, restructuring has been c...
2011-12-08 07:03:18
Year-end order surge
Getting real closer to the end of 2011, final newbuildings for the year are being contracted one after another including options signed earier this year being exercised. According to Clarksons, even though there have been only few new order inquir...
2011-12-08 06:49:57
2011 final orders coming
With the end of the year coming soon, this past week saw a fair amount of deals being concluded. According to the latest weekly report from Clarkson Hellas, as we enter December and the final few weeks of the year, one could be forgiven for thinking ...
2011-12-07 07:59:43
Malaysia to boost shipbuilding
Malaysia plans to boost its ship building and repair industry through regulatory intervention and incentive packages for investment and human capital development, Prime Minister Najib Razak said. The government has developed a plan in conjunction ...
2011-12-07 07:49:20
Korea tops new order
South Korea has practically ranked top in new order in 2011, retaking it from China in previous month. According to Clarksons, Korean builders contracted 15 vessels of 655,515 cgt in November, while Chinese yards won 43 ships of 546,237 cgt. Korea...
2011-12-07 07:08:09
Start  Prev  1101  1102  1103  1104  1105  1106  1107  1108  1109  1110  Next  End