Shipbuilding
Hyundai wins two drillships
Korea's Hyundai Heavy Industries has won another two drillships following its first drillship new order of 2011, turing on new order drive for high value-added ships. Hyundai signed the new order contract with the world's second largest drilling...
2011-01-19 14:31:47
Jiangsu crowns in China again
According to official statistics, Jiangsu Province took the first place of China again in 2010, in terms of output, new orders, and orderbook. As is reported earlier, the statistics issued by MITT showed in 2010 the output of China reached 65.60m ...
2011-01-19 12:26:01
GIS delivers 18, inks 15 ships
In spite of bloody competition and price diving last year, Guangzhou Shipyard International Company Limited (GSI) were able to build 18 ships of 782,400dwt, rising by 2.89% against the peak level. Meanwhile, it took 15 new orders, including eight tan...
2011-01-19 11:54:50
HMD stops building IRISL bulkers
Korea's Hyundai Mipo Dockyard (HMD) has recently announced that it will cease building the seven 33,770-dwt bulkers ordered by Iran's IRISL on 25th June 2008. According to the yard, the new order contract for the seven bulkers was signed with IRI...
2011-01-19 10:26:29
IHIMU inks 120K tanker
Japan's IHIMU has won one 120,000-dwt tanker from JX Nippon Oil & Gas Exploration, a subsidiary of JX Nippon Oil & Energy. The newly ordered unit is a replacement for the old coastal ship of the shipowner and is scheduled to meet the owner in 201...
2011-01-19 09:55:56
Japan orders exceed 10m GT
After falling for 15 months in a row, Japanese export ship orders rose for the 13th consecutive month in December on a year-on-year basis, soaring 162.1 percent to 1,236,270 gross tons, according to figures released by the Japan Ship Exporters’ Ass...
2011-01-19 08:39:48
529 BC orders cancelled in 2010
Dry-cargo newbuilding orders were cancelled at a rate of 10 ships per week in 2010, a new report shows. However, the cancellation has done little to alleviate overcapacity problems, it is claimed. Greek broker N Cotzias says 529 bulkers were a...
2011-01-19 08:26:14
STX inks supramax pair
STX Offshore & Shipbuilding has won orders for two more supramax newbuildings from Helikon Shipping. London-based Helikon has taken up options on the pair to double its tally at the Korean shipyard. The shipowner first turned to STX for two 5...
2011-01-19 07:49:59
Hyundai Samho names Hanjin 8,600TEUs
Korea's Hanjin Shipping held a naming ceremony on the morning of the 18th January in Hyundai Samho Heavy Industries in Mokpo in South Jeolla Province, Korea. The ceremony was attended by Lee Won-woo, vice president of Hanjin Shipping, Oh Byeong-u...
2011-01-19 07:28:22
Newbuilding back to normal
As the total of world's newbuilding orders for this year is estimated at 35m CGT, increasing by 4% as compared to 2010, a recovery in newbuilding orders is expected to be faster than expected after the severe recession in 2009. This corresponds to...
2011-01-19 07:21:07
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