Shipbuilding
Rongsheng wins 5 Tankers
George Economou-led Cardiff Marine is rumoured to be in talks to order five tankers at China’s Jiangsu Rongsheng Heavy Industries for around $375m. The Greek dry bulk and tanker company is understood to be negotiating a deal for two very large ...
2010-05-11 07:31:04
HMD inks supra duo
Finland’s ESL Shipping has ordered two 56,150-dwt supramax bulkers at Hyundai Mipo Dockyard in Korea. They will be delivered during the first half of 2012 for EUR 60m ($78.1m). The vessels are much bigger than its largest ships at present, ...
2010-05-11 07:13:55
Hanjin inks eight 205K VLOCs
Korea's Hanjin Heavy Industries & Construction's overseas unit HHIC-Phil disclosed today that it has signed a newbuilding contract with a European shipowner to build eight 205,000-dwt bulk carriers worth around $500m in total. HHIC-Phil has now se...
2010-05-10 12:02:01
Indian urged to modernize
The government called on the Indian industry to give their best in developing the country’s shipbuilding programmes. Commissioning INS Shivalik, the first of three new stealth frigates for the Indian Navy in Mumbai, defence minister AK Antony said ...
2010-05-10 07:07:47
Atlantico Launches 1st Ship
On May 8th, Samsung Heavy Industries-assisted Atlantico Sul Shipyard of Brazil has launched a 150,000-dwt tanker, the first of ten series ordered by Transpetro. At the launching ceremony participated President Lula of Brazil, Petrobras president, ...
2010-05-10 06:39:23
Greek orders spree
Greek shipowners in the public and private sectors have led a rush back to Far Eastern shipyards to order both tankers and bulkers, with over 100 ships booked since late 2009. According to industry sources, although many deals have been kept unde...
2010-05-10 06:34:05
China sees orderbook shrink
As is reported earlier, China’s Ministry of Industry and Information Technology showed the country’s shipbuilders' orderbook reached 184m dwt by the end of March, slumping by 2.2% against 2009. The newbuilding output surged by 128% while orde...
2010-05-07 11:55:15
Guangzhou Hantong wins tanker trio
Guangzhou Hangtong Shipbuilding & Shipping, an offshoot of state-owned infrastructure contractor CCCC Fourth Harbor Engineering, has bagged an order to build three 5,600-dwt oil tankers for a Singaporean shipowner for an undisclosed amount. The t...
2010-05-07 08:15:56
Boxship orders coming
A rapidly depleting orderbook and an improved trade outlook could lead to the return of major new orders for containerships by the first quarter of 2011, based on Alphaliner’s analysis of historical ordering activity. The containership orderboo...
2010-05-07 07:34:42
Bohai inks two VLCCs
Chinese oil major PetroChina is splashing out around $400m on building up its tanker fleet. Market players say the Beijing-based producer and distributor has booked two 320,000-dwt tankers at Bohai Shipbuilding & Heavy Industries. The deal includ...
2010-05-07 07:28:24
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