Shipbuilding
Sembcorp breaks ground on new yard
Sembcorp Marine has broken ground on its new integrated yard in Singapore. The Singapore yard group is building a 206-hectare yard in Tuas, in the west of Singapore. The first phase of 73.3 hectares is being built at a cost of S$750m and will inc...
2010-06-23 07:47:48
Big 4 new orders surge
In the first half of this year, new ship orders at the giant Korean shipyards have rapidly increased by 10 times compared to the figure in the same period of last year. The amount of new orders is continuously recovering. Hyundai Heavy Industries...
2010-06-23 07:02:15
Cosco newbuilding pair become effective
Two of the 15 bulker newbuilding contracts announced by Cosco Shipyard Group last week have now become effective. Majority shareholder Cosco Corp said the shipyard group had received initial deposits for two of the newbuildings inked last week ma...
2010-06-22 08:20:02
Indonesian await Pertamina orders
Indonesian oil giant Pertamina is about to give the country’s struggling shipbuilders a major boost with orders for six product tankers. Pertamina is in the process of evaluating tender offers from Indonesian shipbuilders for three 3,500-dwt pr...
2010-06-22 08:12:13
Hyundai wins most orders
It has been known that the South Korean listed company with the biggest amount of orders signed this year was Hyundai Heavy Industries. On June 21st, the Korea Exchange announced that Hyundai Heavy Industries is the company with the biggest amount...
2010-06-22 07:12:23
Chinese deliveries double
It was reported the output volume of new vessels in the Chinese shipbuilding industry increased rapidly by twice in the period between January and May this year, compared to the figure during the same period last year. On June 17th, according to t...
2010-06-22 06:59:14
Samho inks handysizes
Samho Shipbuilding, located in Tongyoung city, South Gyeongsang province, South Korea, has signed contracts last week with Greek and Dubai shipowners to build four 35,200-dwt bulk carriers. Newbuilding price stands at $110m in total, Samho reveale...
2010-06-22 06:46:34
China builds first super clean tanker
A 7,500-tonne oil tanker for transporting liquid chemicals, the first super clean vessel for such a purpose ever built in China, has been delivered to the ship-owner in the Netherlands. Built by Jiangsu Ganghua Shipyard Co. Ltd. in Taixing in eas...
2010-06-21 08:11:34
STX rolls out 'Norwegian Epic'
STX Europe said its French unit Saint-Nazaire shipyard has successfully delivered the 150,000-gt cruiseship Norwegian Epic on June 17th. The vessel with a length of 330 meters and a breadth of 41 meters, ordered by Norwegian Cruise Line in 2006, i...
2010-06-21 06:33:23
Newbuild Price Uptick Continues
Global newbuilding orderbook, fresh orders and newbuilding deliveries all decreased month-on-month in May but Clarkson Newbuilding Price Index alone continued to pick up. According to data compiled by Clarkson Research Services, as of June 1st new...
2010-06-21 06:30:55
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