Shipbuilding
Order revision spreading
As is reported earlier, CMA CGM was negotiating with four Korean shipyards on newbuilding contract revision. CMA CGM ordered 42 new ships in Korea while 12 ships among them were considered to be cancelled. Besides, delivery delays are also on the com...
2010-05-18 02:42:42
Chinese face financial bottleneck
As is reported earlier, China’s Rongsheng Heavy Industries Group announced its re-starting IPO plan valued at $1.5bn in Hong Kong. Meanwhile, compatriot New Century Shipbuilding failed to list in Singapore. Experts said the two pieces of breaki...
2010-05-17 09:56:09
Xingang inks supramax trio
Tianjin Xingang Shipbuilding Heavy Industry has signed a bulker order for its new facility. A source close to the Chinese yard says Hong Kong-based Hong Da International has ordered three supramax bulkers for delivery from September 2011. Lit...
2010-05-17 07:11:45
Sasebo bottom line up
Japan’s Sasebo Heavy Industries grew profit last year but came in just short of its own forecast. The shipbuilder has set its sights on a steady year ahead with revenues and the bottom line to stay virtually unchanged. Net profit for the 12...
2010-05-17 07:09:15
Korea orders jump 17 times
Korea's Top 9 shipbuilders have secured 1.19m cgt of new orders in the first three months of the year, 17 times the 70,000 cgt of orders they inked in the same period of last year. According to the Korea Shipbuilders' Association, their newbuildin...
2010-05-17 06:36:56
Glovis inks PCTC pair & Cape
Korea’s Glovis has scaled down its newbuilding plans for pure car/truck carriers (PCTCs). The logistic group made an announcement early this year that it wanted to order three 6,000-car-equivalent unit (ceu) vessels to meet growing demand. ...
2010-05-14 14:43:53
VLCC duo for Hyundai Samho
Korea's Hyundai Samho Heavy Industries has received an order from Saudi Maritime Holding Co (Samco) to build two very large crude carriers (VLCCs). The ships are set for delivery in the second and third quarters of 2012. Samco managing directo...
2010-05-14 14:30:11
Zhejiang ship exports to hit $1bn
According to customs statistics, the export of large ships of Zhejiang Shipbuilding Company Limited reached 21 units valued at $500m in 2009. As is revealed, the number will climb up to 37 units of $1bn in 2010, mostly offshore orders. Currently ...
2010-05-14 09:56:16
CSBC eyes 12 Evergreen 8,000-TEUs
Taiwan’s biggest shipbuilder CSBC plans to enter a bid Friday for a share of Evergreen’s much-anticipated 100-vessel order. CSBC president Paul Tay-ping Tang said that the company was in the final stages of preparing its offer and hoped to pre...
2010-05-14 07:25:24
SWS inks VLOC trio
Foremost Maritime of the US has quietly stacked up its newbuilding tally at a Chinese shipyard. An informed source says shipowner James Chao has returned to his favourite yard, Shanghai Waigaoqiao Shipbuilding (SWS), for a series of ore carriers....
2010-05-14 07:13:39
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