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Shipbuilding
Containerships still the focus
Growth is still evident in the boxship newbuilding activity, as was the case in the previous week. According to the latest weekly report from Golden Destiny, despite the significant slowdown of business during the last days in the dry bulk sector,...
2011-06-01 08:09:34
Besiktas wins five tankers
Turkey's Besiktas Shipyard has won an order for five more tankers of the 4th Armada series (project RST22M) from Palmali, Palmali Vice President Rauf Aliyev revealed. Thus, Palmali newbuilds number increased to 15 vessels. The ships are scheduled ...
2011-06-01 07:34:18
Norden books STX MR resales
Norden has taken over four distressed newbuilding contracts at STX Offshore & Shipbuilding of South Korea in a bid to boost its fleet of product tankers. The Danish tanker and bulker owner says it expects the 49,000-dwt vessels to hit the water i...
2011-06-01 07:14:14
More Chinese to see losses
More shipbuilders in China may see losses this year, because of rising labor and raw material costs and effect of the changes in foreign exchange rates, according to the latest report released by the China Association of the National Shipbuilding Ind...
2011-05-31 07:34:27
Rongsheng lands 14 Pax.
Jiangsu Rongsheng Heavy Industries has bagged orders for 14 panamax-bulker newbuildings worth close to $500m. Shipbuilding players say a Greek and a domestic owner are behind the orders. State-backed China Ship Fund and Golden Union of Greece are...
2011-05-31 06:52:43
Hyundai wins LNG carriers
South Korea's Hyundai Heavy Industries announced today that it has inked up to three 155,000 cu m LNG carriers for Greek owner George Prokopiou's Dynagas LNG outfit. The owner became the third Greek shipowner to book new LNG carriers this year aft...
2011-05-31 06:41:48
STX wins 4 MR's
STX Offshore & Shipbuilding, a South Korean shipbuilder, said Monday that it has won a US$150 million deal to build four Medium Range Products Carriers. Under the deal with Thenamaris of Greece, STX O&S will deliver the vessels used to carry oil p...
2011-05-30 10:37:55
CIC inks four 48K BCs
One of China’s most active players in the sale-and-purchase (S&P) market is understood to have taken a $100m leap into newbuildings. Shanxi Coal Group is said to have booked four 47,500-dwt bulkers at domestic shipyard China Shipping Industry (...
2011-05-30 06:52:40
Rongsheng wins Pax.
Greece’s Golden Union is said to be on the brink of booking up to four panamaxes at China’s Jiangsu Rongsheng Heavy Industries. Managing director Theodore Veniamis confirms the company is discussing the order but nothing has yet been signed. ...
2011-05-30 06:47:03
New VLOC concept 'Ecore'
Together with FKAB, TGE Marine, Cargotec and MAN Diesel & Turbo, DNV has participated in a joint industry project to develop Ecore, a Very Large Ore Carrier concept designed to lower fuel costs and improve loading efficiency. Based on existing tec...
2011-05-30 06:32:58
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