Shipbuilding
Hanjin eyes 'Order Blitz'
South Korea's Hanjin Heavy Industries & Construction, which is facing six-month-long severe labor-management conflict at its Youngdo Shipyard, is expected to finalize the restructuring procedure sooner or later and give rebirth to the yard by resumin...
2011-06-22 12:33:32
Pipavav names first Pax.
India’s Pipavav Shipyard has named its first panamax bulkers following lengthy delays in new yard construction. The two 75,000-dwt vessels were booked by Norway’s Golden Ocean, which has kept faith with the yard during its problematic constru...
2011-06-22 08:35:09
Newbuild price hits highest
Newbuilding price index hit the highest point since the turn of this year, swelling expectations on recovery. According to the latest monthly report released by Clarkson Research Services, newbuilding price index rose to 142.1 point as of May end....
2011-06-22 07:46:01
DSIC wins 75K LR1's
Denmark's start-up tanker company Tankers Inc (TI) has contracted its first newbuildings in China. The company, set up in August 2010, booked two 75,000-dwt LR1 products tankers at Dalian Shipbuilding Industry Co (DSIC) for delivery in 2013. Th...
2011-06-22 07:01:22
Chinese deliver the most
Chinese shipbuilders built 3.65m dwt of newbuildings in May, occupying 41.7% of the global market. South Korea ranked 2nd with 33.6% share of the global newbuilding deliveries in the month. World shipyards delivered 8.76m dwt newbuildings in Ma...
2011-06-21 07:20:29
DSSC goes slow for newbuilds
South Korea's Daewoo Shipbuilding & Marine Engineering is cutting half of its dispatched workers at DSME Shandong Co (DSSC), located in BaiJia Town, Yantai Economic & Technical Zone, China. Sources say Daewoo plans to call in about 40 workers out ...
2011-06-21 06:57:27
Qingshan inks 1,100TEU's
China's Qingshan Shipyard has inked an order with Sinotrans for building two containerships. Hong Kong-listed Sinotrans will pay $36m for the 1,100-teu pair, a statement says. “Given that shipbuilding costs are currently at a historic low, ...
2011-06-21 06:35:56
STX into Russian LNG market
STX Group chairman Kang Duk-soo participated in the St. Petersburg International Economic Forum and signed a contract to build LNG carriers for Sovcomflot on June 17th. South Korea's STX Offshore & Shipbuilding announced early this month that it i...
2011-06-20 11:42:19
Sungdong scores 3,600TEU's
Sungdong Shipbuilding & Marine Engineering has formally signed an order for four 3,600-teu containerships from Zodiac Maritime of the UK. They are set for delivery in 2013 but newbuilding values are yet to be revealed. But industry sources reck...
2011-06-20 07:39:23
Seaspan to book more 10,000TEU's
Canadian shipowner Seaspan Corp is talking to two Chinese shipyards in the hope of extending its massive containership-newbuilding programme. Sources say another eight post-panamaxes of 10,000 teu could be on the cards if the New York-listed owne...
2011-06-20 07:06:51
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