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Shipbuilding
Hudong's own 8,888TEU christened
Chinese-built largest containership was named recently. Shanghai-based Hudong-Zhonghua Shipbuilding (Group) held a naming ceremony on April 28th for a 8,888-teu containership. The vessel is the largest boxship that was built by a Chinese shipyard ...
2011-05-02 14:52:44
Yangfan inks 1,110TEU's
China’s Yangfan Group has won up to eight 1,110-teu feeder containerships from SITC International Holdings Co. The order includes firm contracts for two 1,110-teu gearless ships costing $36.2m in total and both due for delivery in June 2012. ...
2011-05-02 07:00:58
S&M bulker orders sluggish
Japanese shipowners have stopped ordering small and medium-sized new bulkers. Each of those owners had accelerated placing newbuilding orders for S&M bulkers since last year, but they have turned to take a cautious attitude in the wake of the slo...
2011-05-02 06:08:20
Korean face favorable cycle
Seoul-based Kyobo Securities suggested 'overweight' for the shipbuilding industry shares on 29th with a reason that newbuilding orders for the ship types in favor of Korean shipbuilders, such as LNG carriers and boxships, are entering into a rising c...
2011-05-02 06:05:51
Hanjin scores 6,600TEU's
South Korea’s Hanjin Heavy Industries & Construction has penned four wide-beam boxships of 6,600 teu plus two options with Sammy Ofer’s Zodiac Maritime Agencies. The vessels are said to be costing close to $70m each based on heavy-tail paymen...
2011-04-29 13:22:56
Daewoo-Mangalia inks 9,000TEU's
Romania’s Daewoo-Mangalia Heavy Industries has won an order for four 9,000-teu containerships plus four options in its first boxships order in more than three years. Sammy Ofer’s Zodiac Maritime Agencies is understood to be paying around $90m...
2011-04-29 13:08:18
Seaspan, "Shopping for ships"
News leaked out on Tuesday that South Korean shipbuilder STX Offshore & Shipbuilding, was in final negotiations for a 3 trillion won ($2.8 billion) order from Seaspan Corp., a Vancouver-based shipper. Gerry Wang (pictured), chief executive of Sea...
2011-04-29 08:12:26
S&M yards running out of orderbook
It is prospected that Korea's small- and medium-size shipyards will see their orderbook exhausted in two years. Yang Jong-seo, senior researcher of the Overseas Economic Research Institute of Korea Eximbank, has recently revealed, through a report...
2011-04-29 06:53:52
Shipbuilders enhance info security
As a security issue is recently attracting considerable attention from all kinds of industries across Korea, domestic large shipyards are also entering into a state of emergency to come up with good system to enhance information security. Since th...
2011-04-29 06:47:53
LNG newbuild talks flood in
LNG carrier newbuilding inquiries are increasing remarkably worldwide with market players forecasting demand for around 20 new LNG carriers for long-term LNG export projects, excluding speculative newbuilding orders. Russia's Gazprom is now procee...
2011-04-28 09:22:22
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