Shipbuilding
DaeHan wins two capesizes
Korea's DaeHan Shipbuilding is seen to make this year's first newbuilding contract to build two capesize bulkers ordered by Hanjin Shipping. According to industry sources, Hanjin Shipping revealed through a public announcement on the 28th of Janu...
2011-02-14 06:21:20
Anhui: Ship export keeps stable growth
Anhui Province was located in inland area of China. However, it was an important shipbuilding base. According to customs statistics, the ship export value of Anhui Province reached $270 in 2010, rising by 120%! About $260m of them were exported by...
2011-02-11 17:04:12
Newbuilding prices set to fall?
Freight rates and secondhand-ship values are falling at the start of the new year and some are asking whether newbuilding prices are the next to face a way to south. Both tanker and dry-bulk freight rates have slumped to levels not seen since shor...
2011-02-11 15:25:30
Hyundai wins 10 8,800TEU's
Mediterranean Shipping Co (MSC) is backing up to 10 super post-panamax containership orders at Korea's Hyundai Heavy Industries. The orders are made up of six 8,800-teu wide-beam boxships and options for another four. Hyundai is said to have wo...
2011-02-11 14:50:05
China: Pale but hopeful in 2011
On February 8th, Morgan Stanley predicted in 2011 Chinese shipbuilding industry was expected to be weakened because global new orders were decreased by 7% against the same period of last year and dived by 57% against a month earlier. As is known,...
2011-02-11 14:27:34
Jinling wins MR tankers
China's Jinling Shipyard has secured an order for two 42,000-dwt medium-range products tankers from Ethiopian Shipping Lines (ESL). It is the first tanker order for the yard in four years. And ESL is returning to the tanker sector after an absence...
2011-02-11 12:58:50
Yangzijiang wins 4,800TEU quartet
China's private-run Yangzijiang Shipbuilding has won four 4,800-teu boxships from Germany's Hansa Treuhand without delivery schedule and newbuilding prices undiscovered. Two of the quartet are the changed ship type from 4,250-teu class that the s...
2011-02-11 10:27:13
STX wins kamsarmax quartet
Korea's STX Offshore & Shipbuilding was awarded four kamsarmax bulkers (83,000 -ton class) worth around $160m from an Asian shipowner on the 4th of Feburary. The newly ordered quartet will be 229 meters in length, 32 meters in breadth and 20.2 met...
2011-02-11 10:03:05
Hyundai scores 26% of order target
Tokyo-based Daiwa Securities says that Korea's Hyundai Heavy Industries has already achieved overall $3.23bn in new orders, 26% of its new order target for this year, despite January and February being usually off-seasons for the shipbuilding industr...
2011-02-11 06:16:18
DSIC: Breaking through $3bn doubly
As early as 2006, China’s Dalian Shipbuilding Industry Corporation (DSIC) entered global top10, in terms of gross industrial output value and revenue. In 2009, DSIC became the first Chinese shipbuilders whose gross industrial output value and r...
2011-02-10 14:40:49
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