Shipbuilding
S&M yards amid difficulties
New ship orders have picked up to 2004 and 2005 level in the first half of the year but small- and medium-sized shipbuilders in South Korea are still having difficulties caused by a severe orders drought last year. To make it worse, prices of raw ...
2010-07-14 06:23:04
STX & Petrobras ink 8 LPG carriers
STX Norway Offshore AS and Brazilian partner PJMR Empreendimentos Ltda has through its subsidiary Estaleiro Promar S.A entered into contracts for building of eight LPG Carriers at the new shipyard in Brazil. The value of the contract is approximately...
2010-07-13 07:40:01
CSBC to win Evergreen's orders
Taiwan's Evergreen Group will order 10 ships from the island's leading shipyard for US$1.03bn, powering ahead with a plan to more than double its container fleet, a report said Monday. Tang Tay-ping, president of CSBC Corp, Taiwan, told the Taipei...
2010-07-13 07:27:55
STX attains 65% of order target
South Korea's STX Offshore & Shipbuilding said it has already achieved 65% of its annual order target of $4.3bn by winning 42-ship orders worth $2.83bn in the first half of the year. STX O&S, one of the world's 'Big 4' shipbuilders, has signed mai...
2010-07-13 06:53:40
Mingde inks cape pair
A signing ceremony for two 180,000-dwt bulk carriers was held on July 6th, 2010 at Nantong Mingde Heavy Industry in China. With the witness of Mr. Qin Yan, Deputy Director of Jiangsu Economic and Information Technology Committee, Mr. Song Wenhui,...
2010-07-12 06:51:14
Daewoo inks LOI for VLCC's
Korea's Daewoo Shipbuilding & Marine Engineering has reportedly inked a letter of intent with Malaysia's tanker owner AET to build four 320,000-dwt very large crude carriers. Newbuilding price is said to be $105m to $110m per ship for delivery in ...
2010-07-12 06:27:06
SK in talks with Hyundai for VLCC
South Korea's SK Shipping continues to splash out on new tonnage after recently spending close to $600m on tanker and bulker orders. Sources familiar with the company say SK Shipping has approached Hyundai Heavy Industries for four VLCCs with del...
2010-07-09 15:23:54
DSME fails in 8 Suezmax order
Former Frontline boss Bjorn Sjaastad recently revealed that the order for eight 160,000-dwt suezmax tankers at Daewoo Shipbuilding & Marine Engineering in South Korea had come to naught due to his inability to raise financing for the newbuildings. ...
2010-07-09 15:13:48
Krasnoye inks 5 tankers
Russia's Krasnoye Sormovo Shipyard JSC (Nizhny Novgorod, part of MNP Group) and the VFTanker shipping company have signed a contract for building five oil carriers (2 tankers in option). The five tankers delivery is scheduled for 2011, the MNP’...
2010-07-09 08:20:14
Japan built 28 in May
Japanese Ministry of Land, Infrastructure, Transport and Tourism said 52 major Japanese shipbuilders started building 20 ships of 897,000 gt, and completed building 28 ships of 1,371,000 gt worth JPY 145bn ($1.643bn) in May. Of the May newbuilding...
2010-07-09 07:09:44
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