Shipbuilding
Midsize boxship & PC orders to rise
It is prospected that future order for container carrier and oil products carrier is bright, in regard to shipbuilding industry. Choi Kwang-sik, researcher at Seoul-based LIG Investment & Securities, reported that considering ship kind/type order ...
2011-07-05 12:44:05
Daewoo eyes African
South Korea’s Daewoo Shipbuilding & Marine Engineering may establish a new shiprepair yard in South Africa. The company said no decision on the potential plant has been made, but South African reports said it would be located next to the Richar...
2011-07-05 07:28:39
21st faces cancellation
Delivery delays at 21st Century Shipbuilding have led to a Greek owner cancelling a contract. Laskaridis Shipping of Greece has cancelled a handysize bulker at the South Korean yard. Commercial director Yiannis Lagarias confirms Laskaridis ca...
2011-07-05 07:10:41
Hanjin normalization starts
Hanjin Heavy Industries & Construction has ended a six-month long strike and embarked on company normalization in earnest. The South Korean shipbuilder held a resolution meeting today at its Youngdo Shipyard with around 1,000 employees and supplie...
2011-07-04 07:57:40
Boxship orders to exceed 2008 spree
Some $12.5bn has been invested in containership newbuilding orders so far this year, around 49% more than was invested in the whole of 2010, according to Clarksons Research Services. It estimates that if current trends persist, total investment i...
2011-07-04 07:08:13
Hyundai Samho scores LNG carriers
South Korea's Hyundai Samho Heavy Industries has inked an order for two 164,000m³ LNG carriers with Greece's Maran Gas, an LNG division subsidiary of Angelicoussis Shipping Group. The shipbuilder said Sunday that the price for the membrane type L...
2011-07-04 06:51:59
Prokopiou confirms 6,600TEU order
Tanker and LNG carrier owner George Prokopiou has confirmed his group has placed orders for its first containership newbuildings amid a surge of investment in Seatraders, the dry arm of the shipping business. Best known for Dynacom Tankers, Mr Pro...
2011-07-04 06:40:13
Maersk mulls 10,000TEU orders
Denmarks' AP Moller-Maersk, which has just finalised a $3.8bn order for 20, 18,000TEU giants at Daewoo, is understood to be in talks with South Korean shipyards for a series of smaller post-panamax vessels. Another 10 boxships of 10,000 teu are s...
2011-07-01 15:58:48
STX lines up 15-boxship order
South Korea’s STX Offshore & Shipbuilding is set to win an order for up to 15 containerships worth $600m from a Middle Eastern energy company. Sources say Abu Dhabi National Oil Co (Adnoc) has inked a letter of intent to construct 15 ships of 2...
2011-07-01 11:08:50
Samsung to ink LNG carriers
Greek shipowner Thenamaris is reportedly in talks with South Korean shipbuilder Samsung Heavy Industries about an order for two LNG carriers. The owner is widely rumoured to have signed a letter of intent (LOI) with the yard for two vessels but f...
2011-07-01 09:08:12
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