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Shipbuilding
Kawasaki holds 23 58K BCs
Kawasaki Heavy Industries of Japan reveals that it has booked two 58,000-dwt bulkers from July to September this year. Kawasaki now secures 23 58,000-dwt bulkers of orderbook and plans to focus on building handymax bulkers right at the moment. It ...
2011-11-08 11:23:19
Nantong 2nd shipbuilding base
Chinese governmental statistical data reveal that Nantong-based shipyards delivered 5.31m dwt up to September this year and increased ship production value by 25.1% to CNY 100.5bn ($15.7bn) on the same period last year. Also, Nantong is expected t...
2011-11-08 10:00:32
JinLing inks 10 37K BCs
CSC JinLing Shipyard has won an order for six handysize bulkers plus four optional units from Ariston Shipping of Greece. The owner booked the 37,000-dwt newbuildings instead of larger capesize or panamax as big ships face oversupply and rates slu...
2011-11-08 07:45:55
Russia supports yards
Russian President Dmitry Medvedev has signed into law the bill on shipbuilding and navigation in Russia that the State Duma adopted and the Federation Council approved some two weeks ago. The law stipulates, among other things, that Russian shipya...
2011-11-08 07:05:02
Jiangsu struggles over order drought
As Chinese shipbuilding industry has been clouded with new-order drought from early this year by troubled global shipping market, new order in the first nine months decreased by 42.8% to 29.02m dwt and orderbook down by 14.5% to 168.86m dwt, accordin...
2011-11-07 10:53:32
Yang Ming orders 16,000TEU's
Yang Ming is set to join the mega containership trend with orders for a series of 16,000-teu vessels in the pipeline. The new vessels are almost double the size of the largest 8,241-teu vessels currently in the fleet of the Taiwan based liner shi...
2011-11-07 07:17:51
STX newbuilding delays
STX Offshore & Shipbuilding of South Korea faces consecutive postponement of newbuilding deliveries. STX noted on 31 October that there was a change of delivery for one VLCC and two bulkers, originally scheduled for the end of October, has been ch...
2011-11-07 06:41:30
New order hits trough
Monthly new order remained at 1m-cgt level for four months in a row last month, went up by 8.8% to 1.38m cgt on September. Monthly average of over 3m cgt during the first half has plummeted getting into the second half, 1.82m-cgt newbuilding in July,...
2011-11-07 06:38:25
Korean orders hit rock bottom
South Korean shipbuilders had the lowest new order in October. According to Clarksons, Korea penned new order of just 260,000 cgt, six vessels amounting $1.1bn last month, one tenth of 2.22m cgt in June. China, on the other hand, increased its ...
2011-11-04 17:19:02
Hyundai to win PCC pair
South Korean car carrier player Hyundai Glovis has decided to order a pair of newbuildings worth $134m. A source says the owner plans to pen two new pure car carriers at Hyundai Heavy Industries. It intends to order 6,500-ceu PCC's for delive...
2011-11-04 17:13:16
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