Shipbuilding
Vale VLOCs delayed at Rongsheng
Doubts continue to circulate about China Rongsheng Heavy Industries’ ability to build vessels to schedule, with substantial delays to Vale’s 12 units of 400,000 dwt very large ore carrier newbuilding programme worth $1.6bn. It is now thought t...
2011-07-01 08:00:22
Rongsheng wins 'rare' big bulkers
China's Rongsheng Heavy Industries has won a mammoth order for 10 dry bulk carriers of 205,000 dwt. The yard also booked four container vessels of 6,600 teu capacity, said to be destined for Greece-based owners. However, most attention centred ...
2011-07-01 07:53:23
Daewoo-Hyundai ink 4+4 LNG carriers
Angelicoussis Shipping Group has inked contracts for four firm and four optional LNG carrier newbuildings, split equally between two major South Korean shipbuilders. Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries will each b...
2011-07-01 07:13:58
Samjin inks two 36K BCs
South Korea’s Samjin Shipbuilding Industries Co., Ltd. which is located in Weihai city, Shandong, China announced that it has successfully inked newbuilding contracts for 2 units of 36,000 DWT handy bulk carriers, which is the major product of Samj...
2011-06-30 14:12:11
Daewoo pens LNG carriers
South Korea's Daewoo Shipbuilding & Marine Engineering has inked an order for construction of two LNG carriers. In Athens, on June 29th, Daewoo chief executive Nam Sang-tae and Angelicoussis Group chairman John Angelicoussis put pen to paper on a ...
2011-06-30 11:52:58
Kolding, "boxship orderbook fine"
Maersk Line has calmed fears surrounding a spate of large containership newbuilding orders this year, suggesting capacity concerns are not behind its reluctance to take up second option on 10, 18,000 teu giants at South Korean shipyard. Container...
2011-06-30 08:11:16
VLCC Orders Stagnant
Ordering activity for new Very Large Crude Carriers has ground to a halt this year although newbuilding prices are very 'competitive'. Industry sources say South Korean yards are offering a price tag of $105m for a new VLCC while Chinese offer les...
2011-06-30 07:25:08
CSSC bulker order signing
The signing ceremony for the building of COSCO's Bulk Carriers Designated for Coastal Services was held between Shenzhen Ocean Shipping Company ("COSCO Shenzhen"), a subsidiary of China COSCO, and China State Shipbuilding Corporation ("CSSC"), COSCO ...
2011-06-30 07:10:46
Korean yards' patents skyrocket
South Korean shipbuilders' patent applications are increasing rapidly among five major shipbuilding nations and regions. According to data released today by the Korean Intellectual Property Office, South Korean yards' patent applications totaled 1...
2011-06-29 12:53:05
Boxships still lead the market
Every week more and more newbuilding orders are being contracted for containerships and offshore segments. According to the latest report from Clarksons, “following a short period of significant quietness, the container market, once again is dom...
2011-06-29 08:25:44
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