Shipbuilding
SHI cruiseship contract delayed
Samsung Heavy Industries' $1.1bn cruiseship contract signing is being delayed to the end of this year. The South Korean shipbuilder and Utopia Residence of the US had signed a letter of intent in November last year to build a 100,000-gt apartment-...
2010-09-07 07:28:03
Hyundai wins VLCC trio
Greece's Athenian Sea Carriers has returned to Hyundai Heavy Industries in South Korea with a follow-up order for three very large crude carriers. Sources confirm that the Minos Kyriakou-led company has booked two firm 317,000-dwt tankers with on...
2010-09-07 07:03:19
Japanese suffer as yen rises
Shipbuilders are looking at once again being forced out of the newbuilding market as the yen hits a high. Japanese shipyard managers returning from their summer holidays refreshed for an autumn marketing campaign have been dealt a cruel setback b...
2010-09-06 06:59:15
Shanghai pens 3,800TEUs
Liner player Hamburg Sud has become the first German company to order boxship newbuildings since the market downturn. Industry sources say the company has booked eight 3,800-teu vessels at Shanghai Shipyard for delivery in 2012 and 2013. The orde...
2010-09-06 06:57:07
Yangzijiang inks boxships
Bulker specialist Torvald Klaveness is investing further in containerships. The Norwegian company, which was said to have paid a near 30% premium for a 1,740-teu vessel in March, is forking out around $240m on newbuildings. Informed sources s...
2010-09-06 06:51:52
China closer to 'No 1'
China now has the largest orderbook in the world, totalling 189.8 million dwt as of 1 August 2010. It leads South Korea on 159.3 million dwt and Japan — the world’s biggest shipbuilding nation until as recently as three years ago — ...
2010-09-06 06:49:00
CSIC yards win kamsarmaxes
A Chinese port company and a Hong Kong dry-bulk operator are teaming up to order a slew of newbuildings in China worth up to $288m. Beibu Gulf Hong Kong, the subsidiary of state-owned Guangxi Beibu Gulf International Port Group Ltd, and Pacific B...
2010-09-03 12:21:14
STX inks kamsarmax duo
Turkey's Densa Shipping has returned to STX Offshore & Shipbuilding of South Korea for two kamsarmaxes at close to $40m each. The 82,000-dwt pair brings the total number of newbuildings Densa has on order there to six. In January, it signed up fo...
2010-09-03 12:12:19
Longxue to sign for VLCCs
China's state-owned Guangzhou Longxue Shipbuilding is set to win its second VLCC contract. Informed sources say domestic owner Nanjing Tanker Corp (NTC) is finalising an order through subsidiary Nanjing Tanker Hong Kong for two 320,000-dwt newbui...
2010-09-03 12:07:36
Sea NG to order CNG carriers
Compressed natural gas (CNG) developer Sea NG hopes to advance newbuilding plans within the next few months as a new strategic partner joins its team. Sea NG chief executive Barrie Wright says a number of shipyards in South Korea and Japan have b...
2010-09-03 12:01:55
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