Shipbuilding
Hyundai & Daewoo split NOL orders
Neptune Orient Lines has inked preliminary contracts for 12 newbuilding containerships at South Korean shipyards. Singapore-listed NOL's recent order includes its largest ever vessels of 14,000-teu. The liner company has also upgraded a previous ...
2011-06-16 07:16:13
Boxship Prices Rising
Newbuilding prices for large containerships rose for the second consecutive month and South Korean shipbuilding stocks are recommended by local analysts. IBK Investment Securities analyst Park Seung-hyun said on 15th that new order intake momentum...
2011-06-15 12:24:41
CSBC eyes growth in 2013
CSBC Corp, Taiwan, the nation’s biggest shipbuilder, expects the industry’s growth momentum to rebound in 2013 on the back of higher prices, a company official said. “Although the shipbuilding sector’s current growth momentum remains at a ...
2011-06-15 07:47:23
Chinese Edge Weakens
Chinese shipyards' competitive edge is getting 'blunt' in process of time due to cost increase and lack of high-value ship technology and experience. China Association of National Shipbuilding Industry (CANSI) revealed that 313 shipbuilding compan...
2011-06-15 07:40:28
Japan export ship orders plunge
Japanese shipbuilders signed 18 export ships of 550,000 gt in May, down 41% on a year ago in gt terms. Japan Ship Exporters' Association announced on June 14 that the new orders consisted of 16 bulkers (seven handies, four handymaxes and five pana...
2011-06-15 07:21:29
Newbuilding orders dwindle
Shipowners’ appetite for newbuildings seems to have abated, while older vessels are finding their way to scrap yards in Asia on a faster pace. This means that in the future the current tonnage oversupply problems could be alleviated. According to t...
2011-06-14 08:24:11
LNG Newbuilds Overheat
LNG carrier newbuilding market is overheating and industry players started to express worries. Massive oversupply has led many vessels to lay-up and profitability faced a big drop. But LNG demand is surging recently and rates soared four times ...
2011-06-14 07:38:03
Hyundai inks VLGC
Norway’s Solvang has confirmed an order for a VLGC at South Korea’s Hyundai Heavy Industries. In a filing to the Oslo exchange, the company said the 84,000-cbm LPG carrier will be delivered in the third quarter of 2013, without giving a price...
2011-06-14 07:12:26
Daewoo gets "Aggressive"
Daewoo Shipbuilding & Marine Engineering is to be commissioned to manage Daehan Shipbuilding for the next three years since next month and this would likely give Deawoo wings in its aggressive management. Daehan's main creditor bank Korea Developm...
2011-06-13 12:15:52
Chinese move into larger boxships
Yangzijiang Shipbuilding’s $700m order for seven 10,000 teu containerships from Seaspan, with options for 18 more, could signal the start of a major shift in boxship building from South Korea to China. Yangzijiang chairman Ren Yuanlin said the ...
2011-06-13 08:03:45
Start  Prev  1151  1152  1153  1154  1155  1156  1157  1158  1159  1160  Next  End