Shipbuilding
STX wins cruiseship
Korean-owned STX Finland Oy and Germany's TUI Cruises on Sep. 27 signed a contract for the design and construction of a 97,000 GT cruise vessel. The sophisticated and highly innovative cruise vessel is scheduled to be delivered in spring 2014. ...
2011-09-28 07:24:23
Hyundai pass $20bn
Hyundai Heavy Industries of South Korea rapidly increased its new order by 57% and turnover by 15% during Jan-Aug period on the same period last year. Hyundai announced that it recorded KRW 1.985trn ($1.68bn) of turnover in August, up by 9.73% com...
2011-09-28 06:51:39
STX delivers 400K VLOC
STX Pan Ocean of South Korea revealed that it has successfully taken delivery of a VLOC, 'VALE BEIJING' on September 27th. The 400,000-dwt ore carrier, built at Jinhae yard of STX Offshore & Shipbuilding, is STX' largest ship, with 361m in length,...
2011-09-27 14:53:59
Reefers orderbook '0'
According to Drewry's recently reported market forecast on reefers, newbuilding orderbook recorded the first zero, 36 ships being sold for scrap during 2008-2010 and 19 for just in the first half of this year. Global reefer fleet is about 691 vessels...
2011-09-27 10:03:45
Hyundai Samho wins 6,700TEUs
Hyundai Samho Heavy Industries has won a pair of 6,700TEU containerships from Greek shipowner. Technomar Shipping has placed options for the two newbuildings attached to a two-ship contract signed in July. They are due for delivery in March and...
2011-09-27 07:11:43
Chinese eye cruiseships
China's Wenzhou Sino-European Shipbuilding (SES) is in a newbuilding talk for four cruiseships through Italian company. Vice president, Shao Yong Chang from SES said they are under a business talk for newbuildings, including four cruiseships value...
2011-09-27 06:40:57
Hanjin eyes LNG carrier
Hanjin Heavy Industries & Construction of South Korea is expected to ink high-value newbuildings for medium-size boxship and LNG carrier. Analyst Lee Seok-Jae from Mirae Asset Securities said, "Despite its aftermath of strikes and troubles in making...
2011-09-26 15:40:07
Meyer cuts steel for 140,000GT cruise
Meyer Werft, Papenburg, Germany has cut the first steel for the construction of Norwegian Breakaway, the first of two new Freestyle Cruising(R) ships for Norwegian Cruise Line, set for delivery from the shipbuilder in April 2013. The first plate ...
2011-09-26 07:27:40
SITC adjusts 1,100TEU options
SITC International has exercised options to build two containerships and extended the option exercise dates for six additional vessels out of eight vessels. The options for a total of ten containerships are based on a contract inked with Yangfan ...
2011-09-26 07:21:16
Big3 Crisis-resistant
Despite of South Korean shipbuilders' restructuring by global economic downtrend, major shipbuilders, Samsung Heavy Industries, Hyundai Heavy Industries, and others, are still in good shapes. Analyst Han Young-Soo from Samsung Securities forecast,...
2011-09-26 06:30:25
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