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Shipbuilding
New shipbuilding zone coming
Bangladesh will establish a special shipbuilding zone to promote the export-oriented shipbuilding sector with the aim of earning $5 billion a year from exports by 2015, said officials. The Export Promotion Bureau (EPB), which is leading the plan, is ...
2010-10-19 08:06:47
ABG acquires WIS
India's ABG Shipyard has completed its long-running takeover of the country's biggest shiprepairer. It has sealed its acquisition of another 40.57% stake in Western India Shipyard (WIS). The yard bought 119.55m shares from ICICI Bank in off-m...
2010-10-19 08:02:09
STX targets $10bn orders
STX Group is confident of winning $10bn worth of new ship orders this year. Chairman Kang Duk-su said on October 15th, "It would be 'easy' for us to ink $10bn ship orders this year. We will focus all our capacity on building vessels." On manage...
2010-10-18 08:20:02
Hudong-Zhonghua inks 8,500TEU quartet
George Economou’s Cardiff Marine has jumped on the boxship-newbuilding bandwagon. Shipbuilding players say the Greek owner has booked four 8,500-teu vessels at state-controlled Hudong-Zhonghua Shipbuilding in China. They add that Cardiff is pay...
2010-10-18 07:42:35
USC to win FESCO Arctic ships
Transport Group FESCO (based company – JSC Far East Shipping Company) will decide on booking orders for building specialized Arctic vessels at United Shipbuilding Corporation’s enterprises in 2011-2012, FESCO’s major stockholder and Presid...
2010-10-18 07:34:16
Danish Soby wins new ferry
Danish shipyard Soby Vaerft has won a new ferry order from the municipality of Faaborg/Midtfyn. The DKK 44m ($8.3m) vessel will run between Faaborg, Lyo and Avernako, it said. It will be delivered in 2012. It will have a larger capacity t...
2010-10-18 07:21:48
Brass LNG newbuild bids due by Nov.
Nigeria's Brass LNG project has given shipyard bidders a short deadline extension to submit offers for its large newbuilding tender. Shipbuilders now have until the end of this month to turn in technical bids for up to 14 LNG carriers of three dif...
2010-10-15 14:46:37
Mitsubishi unveils green 14,000TEU
Mitsubishi Heavy Industries has unveiled a new 14,000-teu containership design that will reduce carbon emissions by 35%. At the heart of the new MALS 14,000CS design is the company's proprietary Mitsubishi Air Lubrication System (MALS). This ...
2010-10-15 07:44:43
2010: Shipbuilding Recovers!
This year the shipbuilding industry has shown a sustainable growth after experiencing an unprecedented crisis in 2009. The ship price is climbing up, albeit slowly, while freight rates also become stable. All seem that shipbuilding industry is on the...
2010-10-15 01:19:31
Jiangsu shipyards: Top of China
Official sources showed that in the past three quarters, the growth of Jiangsu shipbuilding industry has kept strong uptrend. The newbuilding output, order intakes and orderbook all took the first place, which hit a new high. Statistics showed...
2010-10-15 01:19:09
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