CSAV & Dohle downsize boxships on order
CSAV and Germany's Peter Dohle are downsizing an order of their biggest containerships in South Korea. A series of eight 12,600-teu ships on the books at Samsung Heavy Industries is likely to be converted into smaller vessels of 7,000 teu to opera...
Orient names its first newbuilding
South Korea’s Orient Shipyard held a naming ceremony on June 5th for its first newbuilding OSN-1001. Minister of Gender Equality Byun Do-yoon was the sponsor for the vessel and she christened the 33,300-dwt bulk carrier ‘Ocean World’. The O...
Odense delivers Epic Shipping ro-ro
Odense Steel Shipyard has delivered the first of six ro-ros for the British investment company Epic Shipping of London. The ship, hull no 217, sails under the name of the Maas Viking for a long-term timecharter to the A.P. Møller-Mærsk-owned No...
20% of New MR to be delayed
A fifth of medium range product tankers due to enter the fleet in 2009 will not be delivered this year as renegotiations and yard delays push back deliveries. According to ICAP Shipping only 14% of the 180 MRs (45,000 dwt-55,000 dwt) on the 2009 o...
China unveils shipbuilding stimulus plan
Beijing unveiled a stimulus plan Thursday to help domestic shipbuilders ride out the global financial crisis by encouraging eligible firms to list and sell bonds, and by hastening the establishment of shipbuilding-focused investment funds. Under t...
SCI orders AHTS pair at Cochin
State-run Shipping Corp. of India Ltd, India’s biggest shipping firm, has placed orders for constructing two anchor handling tug cum supply vessels worth about $35m with Cochin Shipyard Ltd, the country’s biggest shipbuilder under state control. ...
Korean shipbuilding R&D up 32%
South Korea’s six major shipbuilders invested a total of KRW 440.2bn ($353m) in research and development activity in 2008, up 32% from a year earlier. R&D investment increased as revenues grew but R&D costs still accounted for less than 1% of re...
Daewoo wins barge order
Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipbuilder, said Thursday that it has won a $45m order to build a small-sized barge ship, its first shipbuilding order of the year. The deal with a Dutch company Heerema Marine C...
China eyeing LNG carrier market
Chinese shipyards are aiming to make a full-fledged foray into the market for LNG carrier newbuildings. Hudong-Zhonghua Shipbuilding is the only yard in China that has a track record in building LNG carriers. However, information from abroad ...
EU to back Polish shipyard rescue
The European Union promised on Tuesday to approve Poland's rescue package for its historic Gdansk shipyard in a boost for the pro-EU, centre-right government ahead of European Parliament elections. The European Commission, the EU's executive arm,...
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