Shipbuilding
Jiangsu bulker export doubles
Jiangsu Province, the largest shipbuilding base of China, passed financial crisis smoothly and keeps exciting uptrend. In 2009, the province's ship export value stood at $5.78bn, increasing by 33% on a year-on-year basis. During January to June o...
2010-08-16 01:14:45
Box 'Hot Season' comes?
Currently the freight rate is surging along with space shortage, which reaches the peak of 2008. But experts show caution due to the plummet in 2008. However, the huge newbuilding orders occur from time to time. In common view, it is a great oppor...
2010-08-16 01:12:22
Rongsheng keeps winning suezmax orders
Jiangsu Rongsheng Heavy Industries continues to bag suezmax-tanker orders from European owners. The Nantong-based shipbuilder is said to have secured four 157,000-dwt newbuildings each from Restis Group’s Golden Energy and Aktif Denizcilik of T...
2010-08-13 11:07:07
Taizhou Sanfu ends orders drought
Taizhou Sanfu Ship Engineering has ended its order drought by winning a contract for bulker newbuildings from a European owner. A Taizhou Sanfu official says a German company has signed up for four 40,000-dwt handysize bulkers for delivery in 201...
2010-08-13 11:02:33
Jinhai wins foreign ship order
China's Jinhai Heavy Industry has secured its first foreign newbuilding contract in two years. Sources familiar with the yard, previously known as Zhoushan Jinhaiwan Shipyard, say Greek owner PL Shipping has booked one firm 80,000-dwt bulker for ...
2010-08-13 10:48:53
Cosco inks two handies
Cosco Corp (Singapore) has won an order for two handysize bulkers to continue its recent good run. An unidentified Asian shipowner is behind the contract for the 35,000-dwt twins, a statement to the Singapore Stock Exchange says. It will pay ...
2010-08-13 07:29:53
Korea orders soar in July
South Korean shipbuilders won the most monthly orders last month since the global financial crisis. According to Clarksons data, Korean shipbuilders booked new ship orders of 1,591,767 cgt in July. The figure is the highest since July 2008 when th...
2010-08-13 06:46:12
Chengxi inks 10 BC's
China’s Chengxi Shipyard has inked an up to $514m contract with Canada Steamship Lines to build 10 self-unloading bulk carriers. Self-unloading equipment adds about $16m-$18m to the cost of the newbuildings over a straight traditional bulker, sa...
2010-08-12 07:24:27
CSBC fights for Evergreen orders
Singaporean Neptune Orient Lines (NOL) recently announced they had ordered ten 8,400TEU boxships from Daewoo Shipbuilding and Marine Engineering (DSME), totaling $975m. It is obviously lower than Korean Samsung’s quotation of $1.03bn to Evergreen...
2010-08-12 01:33:22
China smaller yards to quit
During booming time, Chinese shipyards have secured huge foreign orders by extremely low quotation, especially medium and small shipyards. But all passed now. They are facing shuffling. Chinese private capitals have rushed into market since 2004....
2010-08-12 01:32:35
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