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Shipbuilding
Daewoo inks LR2 duo
Daewoo Shipbuilding & Maine Engineering has beaten off competition from rival South Korean yards to capture an order from Kuwait Oil Tanker Co (KOTC) for a pair of aframax products tankers. A contract was signed yesterday for the 110,000-dwt newb...
2010-06-29 08:33:26
China shipbuilding incentives: 2nd round
China will provide subsidies to help shipping companies retire ageing oil tankers and some single-hull ships before they would normally be taken out of service, a move that will affect 2,000 vessels in operation and help trim excess capacity througho...
2010-06-29 08:32:07
Jiangnan adds 76K BC duo
China's Jiangnan Shipyard revealed that it has inked a newbuilding contract with compatriot shipowner Jiangsu Datang Shipping to build two 76,000-dwt bulk carriers. With the latest deal included, the shipyard won a total of six such ship orders so...
2010-06-29 08:07:12
Hyundai in talks for tanker orders
A global trader Glencore is talking to South Korea's Hyundai Heavy Industries for at least three newbuildings. Glencore shipping arm ST Shipping & Transport is looking to grow its tanker fleet with orders for more newbuildings. Sources say th...
2010-06-28 08:00:15
Samsung inks four suezmaxes
Samsung Heavy Industries has inked four suezmax tankers with Malaysia's AET. AET is making it suezmax-owning debut with an over $270m order for tankers. The tanker subsidiary of Malaysia's MISC Berhad has signed for four units at Samsung. ...
2010-06-28 07:57:02
Japan new orders surging
The amount of new orders for export vessels in the Japanese shipbuilding industry is showing a recovery. On June 24th, the Japan Ship Exporter's Association (JSEA) announced that contracts for 17 export vessels were signed in May with the total a...
2010-06-28 07:09:01
Singapore to establish super base
Singaporean has issued a 10-year economy growth strategic plan, to establish a super shipbuilding and shipping base. The first stage of the project, namely Mega yard, has already been begun. The first investment stands at $530m. China Harbour Eng...
2010-06-28 01:14:16
STX inks 9 ships worth $360m
South Korea's STX Offshore & Shipbuilding recently won up to 9-ship orders worth $360m. The shipbuilder inked 4+2 74,500-dwt crude/product oil carriers with Singapore's Tanker Pacific Management Pte Ltd on June 24th. The tankers with a length o...
2010-06-25 12:52:29
Singaporen wins survey vessels
Fugro has ordered up to three survey vessels at Singapore’s Oakwell Shipbuilding Engineering & Construction. The Dutch seismic giant said the contract is for two firm orders plus one optional vessel with deliveries due to take place in 2012. ...
2010-06-25 08:40:21
Fjord1 signs LNG ferry newbuild
Norwegian owner Fjord1 has signed a deal for the country’s biggest gas-powered ferry. The ship will be built at Western Shipyard in Lithuania and finished at Fiskerstrand, Norway. The LNG-powered vessel will be delivered in November 2011. ...
2010-06-25 08:35:52
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