Shipbuilding
GSI to book 53K PC's
Hong Kong-listed Guangzhou Shipyard International (GSI) of China is reportedly in the process of winning up to two 53,000-dwt products tankers from Swedish owner Rederi AB Gotland. The contract is said to include one firm vessel with an option fo...
2011-06-13 07:39:54
Nassco to win aframaxes
ExxonMobil’s SeaRiver Maritime is said to be at an advanced stage in talks to order two aframax tankers at San Diego’s General Dynamics Nassco Shipyard for around $450m in total. No final agreement has been reached. But SeaRiver appears to ha...
2011-06-13 07:35:09
Hyundai Mipo inks 37K BC
South Korea’s Hyundai Mipo Dockyard has won a third 37,000-dwt handymax bulker from Tartous-based Samin Shipping. Sources say the contract is a fresh order and not an option from a previous deal booked in July. The order marked a newbuildin...
2011-06-10 15:01:57
Sekwang wins this year's 1st order
Ireland and Rotterdam-based Arklow Shipping has booked three general cargoships at Sekwang Shipbuilding, located in Mokpo, South Jeolla Province, South Korea. Sources say Arklow has ordered three 14,200-dwt general cargoships at the yard for deli...
2011-06-10 14:57:33
Turkish wins new order
Turkey’s Cemre Engineering & Shipyard has won an order for two 2,000 dwt cargoships priced at NKr120m ($22m) from Norwegian shipping company Seaworks. Work on the first ship is expected to start in August with work on the second beginning in Nov...
2011-06-10 08:03:20
Chinese catching boxships
Both state-owned and privately-run Chinese shipyards are receiving many mid-size containership orders. Yangzijiang Shipbuilding has won four 4,800-teu containership orders. And the yard announced yesterday that it inked seven 10,000-teu ships with...
2011-06-10 07:23:53
Daewoo boxship order blitz
Daewoo Shipbuilding & Marine Engineering is about to win massive newbuilding orders for ultra-large containerships. The South Korean shipbuilder announced on 9th in a regulatory filing that it is in negotiation with Asian shipowner, presumably NOL...
2011-06-10 06:55:43
Yangzijiang inks 10,000TEU's
New York-listed Seaspan has signed a deal with Chinese shipyards for seven 10,000 teu containerhips with options for 18 more that would make the total contract worth $2.5bn. The price for each vessel is in the region of $100m. The order is bei...
2011-06-10 06:31:13
Worries over PC order resumption
Cash-rich owners are starting to jump on depressed newbuilding prices in the product carrier market. A new products tanker in South Korea today has a price tag 30% below the 2008 peak, Poten & Partners says. “To a cash-rich owner in a bad ma...
2011-06-09 07:43:41
Boxship slippage rates falling
Late deliveries of containership newbuildings will decrease compared to the past three years. That is the view of consultancy firm Alphaliner in a market commentary which concludes that slippage rates are set to decline after the high levels seen...
2011-06-09 07:14:58
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