Shipbuilding
Hyundai in talks for 4,500-teu ships
Hyundai Heavy Industries is said to be in talks with Reederei Jungerhans of the Netherlands for boxship newbuildings. The Haren-based shipowner is said to be in discussions for a series of 4,500-teu vessels with the Korean shipbuilder. The ships w...
2010-11-15 08:13:30
Hanjin wins 3,800TEU series
Korea's Hanjin Heavy Industries & Construction is said to have won a $400m contract from Belgium’s Delphis to build up to eight 3,800-teu containerships. The shipowner has reportedly paid more than $400m on the latest order for four firm ships a...
2010-11-15 07:30:32
Ukraine shipbuilding grows 19.3%
The volume of production generated by shipbuilding enterprises of Ukraine in January-September 2010 rose 19.3% from a year earlier, to UAH2,373,300,000, or about $300 million, the Ministry of Industrial Policy of Ukraine reports. Among the leadi...
2010-11-15 07:02:23
CSBC: No hurry for new orders
General Manager Tan Taiping of Taiwanese CSBC currently expressed that the shipbuilding market was turning better but the price was raised by just 10%. The climate might become clear at the end of next year. The orderbook was extended to 2013. So, no...
2010-11-12 10:02:55
China: Overall loss from 2013?
Statistics from China Association of the National Shipbuilding Industry (CANSI) showed in the past three quarters the newbuilding output and order kept rising sharply. However, the CNY appreciation influenced the ship industry. The ship price clearly...
2010-11-12 10:02:27
Upturn in Shipbuilding to Continue
The growth rate of stock prices of Korea's shipbuilding companies exceeded that of KOSPI Index in 2010, thanks to an improvement in newbuilding order intakes. Shares of STX Offshore & Shipbuilding and Hanjin Heavy Industries & Construction soared...
2010-11-12 08:50:47
STX PO to order $1bn new ships
STX Pan Ocean plans to invest $1bn in general cargo vessels and kamsarmax bulkers. The company said it would be buying an undisclosed number of open-hatch general cargoships and kamsarmax bulkers for delivery between 2012 and 2014. The Korean...
2010-11-12 08:12:48
Newbuilding orders cool off
As we approach towards the end of the year, shipowners in both dry and wet sectors of shipping industry begin to slow down the rate of their investments in terms of fleet growth. After a year of pretty healthy levels of investment activity, it’...
2010-11-12 07:33:29
“Shipbuilding is my calling in life”
One survey showed that most shipbuilding workers at Korea’s Deawoo Shipbuilding & Marine Engineering (DSME) think building a ship is their calling in life and still want to do shipbuilding related work after retirement even though the job is very t...
2010-11-11 09:14:42
Nordic Yards lays keel for ice-tanker
Keel-laying of the Nordic AT 19 class ice-breaking tanker was held at Nordic Yards (Wismar, Germany) on November 1, 2010. The tanker was ordered by the Russian mining company Norilsk Nickel, the shipbuilding company said. As Nordic Yards owner an...
2010-11-11 07:25:45
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