Shipbuilding
Vale sticks to original VLOC program
Vale is highly unlikely to take the axe to its VLOC newbuilding tally in China, JP Morgan says. Vale’s public cooling of circulating rumours about a revision to its plans and the appearance of its CEO at a launch ceremony at Rongsheng Heavy Ind...
2011-07-12 08:16:43
Brodosplit pens heavy lifter
Croatian shipbuilder Brodosplit says it has been awarded a contract to build a heavy lift ship by Jumbo Shipping. Jumbo is one of the world's leading shipping company for transportation of heavy or large size cargo, and the ship being built in the...
2011-07-12 07:52:40
Straight 'No. 1'
South Korean shipbuilders bagged new ship orders for 33 vessels of 1.7m cgt in June, while Chinese clinched 39 ships of 1.09m cgt in the month. With this, South Korea ranked 1st by new ship orders worldwide for the fifth consecutive month since Febru...
2011-07-12 07:08:02
Nantong deliveries skyrocket
Newbuilding deliveries by shipbuilders in Nantong area, China, have massively increased in the first half of the year. Nantong Maritime Bureau's statistic data shows that newbuilding output in Nantong, which takes one sixth of Chinese shipbuildin...
2011-07-11 12:43:56
Oshima new yard in Vietnam
Japan's Oshima Shipbuilding is planning to build a new shipyard in Vietnam. The plant will be built in Cam Ranh City, according to local reports. An agreement was reached last week between the company and local authorities. The shipyard w...
2011-07-11 07:31:24
Boxship delivery new record
2012 will see the biggest influx of new containership capacity ever, Braemar Seascope says. In its latest look at boxship fleet numbers, the London broker revealed that new vessels handed over in 2012 will have a combined capacity of 1.55m teu. ...
2011-07-11 07:21:37
Korean exceed 50%
South Korean shipbuilders swept more than half of global newbuilding orders in the first half of the year. And South Korea took over China's status as the world's leading shipbuilding nation by new orders in the first half by securing more deals f...
2011-07-11 07:02:06
Rongsheng Names Hotel & 400K
On July 9th, China's largest privately-run shipbuilder China Rongsheng Heavy Industries Group Holdings Limited held a naming and launching ceremony of the first newbuilding of 12 very large ore carriers (VLOC) ordered by Brazil's Vale in 2008 with a ...
2011-07-11 06:28:10
Jinhai pens VLCC's
Dubai-based Gulf Navigation (GulfNav) is said to have signed up for two more 320,000-dwt VLCC newbuildings at China's Jinhai Heavy Industry. Industry sources say GulfNav’s latest ships mirror its earlier contract booked in April as the tankers a...
2011-07-08 08:24:52
Hyundai wins 9,600TEU's
London-based Greek tanker and bulker operator NS Lemos is being linked to a $400m order for four 9,600-teu vessels at Hyundai Heavy Industries with long-term charters attached to German operator Hamburg Sud. The deal involves four options in a se...
2011-07-08 08:18:21
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