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Shipbuilding
Hyundai Samho signs 13,900TEU's
South Korea's Hyundai Samho Heavy Industries has formally signed 10 ultra-large containership newbuildings of 13,900TEU each, worth KRW 1.4trn ($1.297bn) in total with Singapore state-owned shipping company Neptune Orient Lines. Hyundai Samho anno...
2011-06-24 11:59:32
Yamanishi consigns newbuildings
Japan's Yamanishi Shipbuilding & Iron Works, which is recovering from massive earthquake, has consigned its newbuilding work to compatriot Kanasashi Heavy Industries. Yamanishi decided to consign two 24,000-dwt bulkers to Kanasashi and is planning...
2011-06-24 10:39:59
Super-size orders 'Inevitable'
Some of the world’s top container lines risk being squeezed out of the Asia-Europe trades unless they order more ultra-large vessels. Both the Grand Alliance of Hapag-Lloyd, OOCL and NYK Line, and the New World Alliance comprising APL, MOL and H...
2011-06-24 08:19:36
Chinese face power shortage
Chinese shipbuilders are now facing summer electricity shortage which is more severe than previous years. This may lead to ship construction delays, local officials are concerned. China is now suffering from an electric power shortage and the g...
2011-06-24 08:04:20
Yangzijiang lines up 10,000TEU's
China's Yangzijiang Shipbuilding announced it has signed a letter of intent with Germany's Peter Döhle to build eight 10,000 teu container vessels. The Singapore-listed shipbuilder said in a statement to the Singapore exchange that it had als...
2011-06-24 07:30:03
STX targets huge orders
South Korea's STX Offshore & Shipbuilding, which fell behind 'Big 3' in new orders in the first half of the year, is set to increase new order intakes in the second half. According to industry sources, the shipbuilder is to have a technical meetin...
2011-06-23 12:46:30
Yangzijiang inks 10,000TEU's again!
China's Yangzijiang Shipbuilding has secured its second huge order for super-size containerships in two weeks. Peter Dohle has booked eight 10,000-teu vessels at the Singapore-listed shipyard, it was announced this morning. Dohle has simultan...
2011-06-23 12:29:50
Korean dominate high-value
Chinese shipyards took the first place by new ship orders last year by winning massive orders for ordinary commercial ships while newbuilding prices fell greatly, but this year South Korean rivals are leading the newbuilding market by winning high va...
2011-06-23 07:26:52
Khulna secures tanker orders
Bangladesh’s Khulna Shipyard has won contracts to build two oil tankers. The vessels have been ordered by domestic owners United Shipping Line and Global International. The contracts have been signed on June 19. The two oil tankers will be...
2011-06-23 07:13:09
STX cancels Libya’s cruiseship
South Korean-controlled STX France blamed default of payment from state-owned General National Maritime Transport Company (GNMTC). STX France has cancelled a contract with Libya’s state-owned GNMTC for the construction of a 140,000 gt cruiseship...
2011-06-23 06:45:56
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