Shipbuilding
ABG to win $114m order
India’s biggest private shipbuilder, ABG Shipyard Ltd, is set to win a $114 million (Rs 518.7 crore) order to construct four cement carriers for Singapore-based Associated Bulk Carriers Ltd, an ABG executive said on condition of anonymity. ABG...
2010-03-29 07:51:50
'Yards Face Choppy Waters'
A U.K. economic daily newspaper Financial Times (FT) reported on Mar. 25th that the world's No.1 Korean shipbuilding industry is going through a hard time due to orders drought and contracts cancellations caused by global economic recession. FT p...
2010-03-29 07:01:34
HHI wins kamsarmax pair?
London-based Lyras Maritime and its Piraeus-based management arm, Orpheus Marine, are understood to have booked two 82,000-dwt kamsarmax bulkers at Hyundai Heavy Industry's Ulsan yard both for delivery in the first half of 2011, foreign media reports...
2010-03-26 16:08:58
SHI inks suezmax pair
Foreign media reported, citing unnamed sources, that Norwegian shipowner Viken Shipping, which has not ordered newbuildings for many years, has inked two 158,000-dwt suezmax tankers at South Korea's Samsung Heavy Industries. The price is undisclo...
2010-03-26 15:43:41
Samjin inks 34K bulkers
Korean shipbuilder Samjin Shipbuilding Industries (SSI), located in Weihai, Shandong, China, said on Friday that it has signed contracts to build two 34,000-dwt Log/Bulk Carriers with Marshall Islands-based Florence Maritime Company and Robinson Ship...
2010-03-26 14:33:15
STX Europe lands special trio
STX Europe has won an order from an unnamed client for three special purpose vessels for salvage, rescue and towing operations. The three 86-meter long vessels, which are also designed for fire fighting and pollution prevention, are for delivery i...
2010-03-26 08:17:56
Hanjin inks more capesize
Greece-headquartered Star Bulk Carriers has struck a deal with Hanjin Heavy Industries & Construction of Korea to build a new capesize bulker for $53.5m . The 180,000-dwt vessel will be delivered in September 2011. The order is backed by a ch...
2010-03-26 08:01:22
HHIC targets high value vessels
Hanjin Heavy Industries & Construction (HHIC) of Korea pointed out synergy effect between Subic yard in the Philippines and domestic Youngdo yard as the future growth driver to determine the next ten years of the company. HHIC has come to build l...
2010-03-26 07:35:42
HMD Order Change: Wet To Dry
Korean shipbuilder Hyundai Mipo Dockyard said on Thursday that a newbuilding order for chemical tanker quartet has been changed into four-bulker order following a shipowner's request. The contract had been inked in January 2008 with the Asian owne...
2010-03-26 06:46:47
Guangzhou launches PSPC tanker
China’s first tanker built to Performance Standard for Protective Coatings (PSPC) came out of dock recently in Guangzhou Shipyard. The tanker was ordered by Denmark’s Torm. The deadweight reaches 50,500 tons. PSPC was issued by Internationa...
2010-03-25 14:17:18
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