Shipbuilding
Hyundai to win ice-class Capes
Canadian shipowner Fednav is finalizing an order for up to four ice-class capesize bulkers. They are intended to ship iron ore from ArcelorMittal’s $5bn Baffinland iron-ore project. Baffinland mine lies some 480 kilometres (300 miles) north ...
2011-09-16 08:11:40
Oshima wins 60K BCs
Taiwan’s Wisdom Marine Lines is revealed to have ordered two 60,000-dwt bulkers at Oshima Shipbuilding of Japan "some time ago". A Wisdom Marine official confirms the vessels are under construction. “They were booked in April last year bu...
2011-09-16 07:54:20
Manpower shrink
According to the Korea Shipbuilders' Association (Koshipa)'s headcount survey of nine member shipbuilders, the total number of workers in the shipbuilding division, including subcontractor workers, turned out to be 96,720 people by the end of 2010, d...
2011-09-16 06:37:31
Japanese strategy for LNG carrier
LNG-carrier market being in first uptrend in five years, about 40 of newbuilding orders have been revealed year-to-date, however, mostly inked by South Korean shipbuilders and hardly by Japan. Most new orders are speculative projects, looking for ...
2011-09-15 10:21:42
Dacos denies 205K order
Sino-Japanese yard Dalian Cosco Shipbuilding Industry Co (Dacos) is denying recent reports it has won an order for bulker newbuildings. Brokers say it has secured three 205,000-dwt vessels for delivery between March and September 2012. The or...
2011-09-15 07:40:32
Chinese in Post-Crisis
Liu Ming Kang, president of China Banking Regulatory Commission, recently said when the global financial crisis occurred three years ago Chinese shipbuilders had an orderbook of three-year workload, however, now they are in a crisis with not much imp...
2011-09-15 06:37:25
LNG Pie Getting Bigger
South Korean shipbuilders seem to benefit from currently expanded worldwide insecurities in nuclear power plants. Sources said on Sep 12 that due to explosions of nuclear wastes dump sites in France, alternative energy market, such as LNG, etc., a...
2011-09-15 06:31:56
Kawasaki builds 58K BC consecutively
Japan's Kawasaki Heavy Industries' Kobe shipyard is to focus on successive builds of handymax bulkers henceforth. This is because handymax is the best fitted in Kobe yard. The yard completed facility investment by the end of last year and plans to...
2011-09-14 10:40:27
Newbuilding still “quiet”
With the current orderbook for most ship types far exceeding demand, ordering activity has been quite modest during these past few weeks. According to the latest report from Clarksons, “with everyone now back from their summer holidays, the mark...
2011-09-14 07:27:22
China builds 1st cruiseship
Shan-Hai-Shu Group and Xiamen International Cruise signed an agreement to build China's first self-built 100,000-gt cruiseship in Xiamen on September 7. They intend to name it " China Xiamen", reports Xiamen Economic Daily. The agreement also ...
2011-09-14 07:16:38
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