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Shipbuilding
Fincantieri pens luxury cruise
Italy's Fincantieri has won an approximately EUR 100m ($137m) cruiseship order from Compagnie du Ponant, part of French containership giant CMA CGM. The 264-passenger vessel is a sister to the Marseilles-based company’s Le Boreal and L’Austral...
2011-09-23 09:51:52
TUI to ink 1st cruiseships
German owner TUI Cruises is in talks with yards over two new vessels and is set to announce an order for two cruiseships next week. Industry sources cited by German media suggest the company, part of leisure group TUI, is mulling over prices and c...
2011-09-23 08:15:20
Tokyo aims shipbuilding revival
Japan's Ministry of Land, Infrastructure, Transport and Tourism having made a 'new shipbuilding policy,' three months ago, have suggested manual regarding new policy to major Japanese shipyards and been looking for overseas business. Recently Japa...
2011-09-23 06:55:45
Newbuilding price keeps falling
Clarkson Newbuilding Price Index has dropped for two months in a row to 140.8p by the end of August, down by 0.7p on previous month. Bulker and tanker's benchmark newbuilding prices decreased in every size, comparing to the end of last year. But L...
2011-09-23 06:48:58
Big3 Target Met
South Korea's Big3 are all likely to achieve newbuilding order target early this year. Samsung Heavy Industries already jumped over its target and Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering are expected to reach by aroun...
2011-09-22 11:16:33
Seaspan to order 18,000TEUs
Canada's containership owner Seaspan is in talks with South Korean major shipbuilders about 18,000 teu newbuildings. Chief executive Gerry Wang revealed that the company could soon be in a position to place orders for a new generation of ultra lar...
2011-09-22 07:15:06
Chinese face policy headwind
Lately Chinese government has raised bank reserves and interest on loan several times, which led to banks' loan downsizing and more-troubled local shipbuilders and marine equipment manufacturers, in the end. Global financial crisis has put global ...
2011-09-22 06:48:05
LNG newbuild expand
Newbuilding orders for LNG carriers are expected to grow henceforth, with shipyards securing 44 newbuildings year to date. Overall LNG carriers, LNG-FSRU and LNG-FPSO in particular, have the bright outlook. LNG-usage is forecast to increase by...
2011-09-22 06:39:46
Daewoo turns 'Total Solution'
South Korean major shipbuilder Daewoo Shipbuilding & Marine Engineering is increasing the tempo to turn into an all-around heavy industries company. It has already inked 42 ships and offshore plants worth $10.04bn year-to-date almost achieving an...
2011-09-21 12:40:55
Dongfang awaits $50m tanker orders
China's Dongfang Shipbuilding fell into a wider first-half loss but it is finalizing tanker newbuilding orders. Dongfang posted a reversal of £3.7m ($5.81m) in the six months to the end of June, greater than the £1.7m loss clocked up ...
2011-09-21 08:00:46
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