Shipbuilding
Qingdao Hyundai normalization on track
Hyundai Corporation's Qingdao Hyundai Shipbuilding, taken over by Hyundai Heavy Industries in 2009, is making all-out efforts to normalize the company by decreasing its losses, receiving full support of the Hyundai Heavy Industry. At the time of t...
2011-05-11 12:55:48
Chinese holding 190m DWT backlog
Chinese shipbuilders completed 14.46 million dead weight tons of shipbuilding orders in the first quarter of this year, remaining almost unchanged to the same quarter of 2010, according to statistics released by China Association of National Shipbuil...
2011-05-11 08:23:25
Sungdong pens five 8,800TEU's
Greece's Costamare has returned to Sungdong Shipbuilding & Marine Engineering of South Korea with an order for five post-panamax containerships worth approximately $475m. The New York-listed boxship owner says it expects the 8,800-teu newbuilding...
2011-05-11 07:55:44
Samsung inks further 13,000TEU's
Orient Overseas (International) Ltd said on Monday it has ordered four new containerships from South Korean shipbuilder Samsung Heavy Industries for a total of $544 million. The new order for the ships, which can carry 13,000 twenty-foot equivale...
2011-05-11 07:07:57
S&M liquidation accelerates
South Korean emerging, small and midsize shipbuilders, which fell into management difficulties since the global financial crisis, may not overcome the agony. Many local smaller shipyards, except middle-standing stalwart Sungdong Shipbuilding & Mar...
2011-05-09 07:22:31
Mosvold mulls LNG carrier order
Norwegian asset player Mosvold Shipping is considering ordering new LNG-carriers. Industry sources reveal the company has been in talks with shipyards about a possible order comprising two firm 155,000-cbm vessels and two options. Mosvold is under...
2011-05-09 07:00:03
Korea keeps 'No.1'
South Korea's shipbuilders ranked No.1 in new order intake for three consecutive months, beating Chinese rivals last month. According to Clarksons, South Korea's shipbuilders' new order intake reached 1,463,425cgt (40 ships) in April, accounting ...
2011-05-09 06:17:08
Yangfan scores 205K BCs
China's Yangfan Group has scored large capesize bulker orders from a group-affiliated shipping company. HongXiang Shipping, the shipping arm of Beijing Jianlong Heavy Industry Group has gone to a sister yard for up to eight capesize bulkers at its...
2011-05-06 16:00:44
Seaspan in final talks
Canada's containership owner Seaspan confirmed it is in discussion with South Korean and Chinese shipyards about further newbuilding orders following the letter of intent signed in February in China for a series of 10,000 teu ships. Seaspan, which...
2011-05-06 07:38:04
"Dock-empty" Hanjin to soar
According to some analysis, Hanjin Heavy Industries & Construction's Youngdo Shipyard is expected to decrease in sales, but sales for the whole shipbuilding sector of the company are increasing. Gwang-sik Choi at the LIG Investment & Securities e...
2011-05-06 07:18:23
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