Shipbuilding
China new orders soar 10 times
Chinese shipbuilders saw a tenfold surge in newbuilding orders following a rebound in ordering activity in the first quarter, and now commanded almost 50% of the global shipbuilding market, according to China’s Ministry of Industry and Information ...
2010-04-15 08:21:31
Pipavav denies cancellations
India’s newly-established private shipbuilder Pipavav Shipyard clarified Tuesday that the media reports about the company cancelling two ship orders worth USD 75 millions is false and baseless. According to media reports the company is likely to...
2010-04-15 08:16:40
OECD shipbuilding talks revive?
The OECD could re-start negotiations later this year on an international shipbuilding agreement some five years after a previous effort failed to reach an agreed outcome. The OECD’s Council Working Party on Shipbuilding (WP6) meeting in Paris s...
2010-04-14 08:20:24
COSCO Guangdong signs supramax duo
COSCO Corporation (Singapore) Limited said COSCO (Guangdong) Shipyard has been awarded contracts worth a total of CNY530 million (US$77.64 million). The two shipbuilding contracts were awarded by an unnamed Asian shipowner for the building of two...
2010-04-14 08:15:31
CSSC inks two 206K bulkers
Greek dry bulk owner Diana Shipping has placed orders with a leading Chinese shipbuilder for two large 206,000-dwt bulkers for delivery in 2012. Shanghai Jiangnan-Changxing Shipbuilding under the umbrella of China State Shipbuilding Corporation (...
2010-04-14 07:36:30
SWS inks 206K bulker
Having been approved by board of directors on April 9th, Taiwan’s Chinese Maritime Transport (CMT) ordered one more 206,000-dwt Capesize bulk carrier valued at $63.5m, from Shanghai Waigaoqiao Shipbuilding (SWS). Compared to its previous 175,000...
2010-04-13 09:29:24
Yangzijiang confirms dual listing talks
Yangzijiang Shipbuilding has confirmed it has held talks over a dual listing in Hong Kong or Taiwan. The Singapore-listed Chinese shipbuilder confirmed it had held preliminary talks on the possibility of a dual listing on either Hong Kong Stock E...
2010-04-13 08:18:07
Samsung adds suez pair
Nordic American Tanker Shipping (NAT) has ordered two suezmax tanker newbuildings at Samsung Heavy Industries in South Korea at a total price of $130m. The order comes about three months after the spot-market-oriented suezmax specialist raised $1...
2010-04-13 07:41:41
Yards Expecting New Orders
Projection of Korean shipbuilders' newbuilding orders intake is getting more optimistic as the largest containerships operating company of Taiwan, Evergreen will reportedly start negotiations with yards from four countries in the Far East to place as...
2010-04-13 07:09:06
Recovery On Track
Shipbuilding market seems to have entered a gradual but firm recovery phase. Seoul-based Hana Daetoo Securities recently upward adjusted its investment opinion on shipbuilding stocks to 'Buy More', saying "New ship ordering has passed the worst an...
2010-04-13 07:06:40
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