Shipbuilding
Hyundai Mipo inks 4 kamsarmax
Clemko Shipmanagement of Greece has made its first foray into the newbuilding market with an order worth up to $145m for two firm and two optional kamsarmax bulkers at South Korea's Hyundai Mipo Dockyard. Clemko founder Konstantinos Stasinopoulos ...
2010-03-12 15:13:46
China urges to suppress overcapacity
On 11th March 2010, Mr Wu Yousheng, China’s reputable ship expert, expressed in ongoing National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC) that the government must issue relevant policy to suppress overc...
2010-03-12 14:16:17
Hellenic orders impending
At least half a dozen fresh Greek dry bulk orders are awaiting finalisation of details or financing confirmation as a feisty start to newbuilding contracting this year looks set to continue, a leading newbuilding broker has indicated. Up to “si...
2010-03-12 08:28:59
Dayang inks five supramaxes
Spar Shipping of Bergen is boosting its newbuilding orderbook for supramax bulkers with another five 58,000-dwt units at Yangzhou Dayang Shipbuilding in China. This means the Norwegian owner now has orders for six sisterships at the yard with a t...
2010-03-12 08:24:54
Recovery firms up
Shipbuilding market is expected to show actual recovery along with Big Three's resumption of orders intake who have gone through their worst period last year. Samsung Heavy Industries of Korea announced on Mar. 9th that it succeeded in taking a hu...
2010-03-11 13:19:21
Tanker’s spring to come
Norway’s Fronline, the world’s largest tanker owners, recently received a Suezmax tanker from China’s Rongsheng Shipbuilding Industries Group. Mr Jens Martin Jensen, CEO of Frontline, expressed that currently all of the group newly-built tan...
2010-03-11 12:29:24
2012: China’s watershed?
Mr Wang Jinlian, secretary of China Association of the National Shipbuilding Industry (CANSI), said the financial crisis’ influence on global shipbuilding industry would continue. ‘The situation of Chinese shipbuilding industry may be worsene...
2010-03-11 11:29:04
Australian yards call for new direction
The Australian shipbuilding industry wants the Federal Government to step in and help steer the industry back on course. Tasmanian shipbuilder Robert Clifford is renowned for building catamarans and selling them on the worldwide market. But he sa...
2010-03-11 08:10:34
Bottoming Out
Global shipping and shipbuilding indices are showing changing flows; shipping freight index indicating shipping industry's condition shows upward tendency recently and newbuilding price index halted its continuous dropping trend. Along with Korean...
2010-03-11 07:12:23
Majors resume order intakes
Hyundai Heavy Industries and Samsung Heavy Industries of Korea started to take actions in taking orders of land and offshore plants and general commercial ships. They had been refraining from low-priced orders due to shipbuilding industry's depres...
2010-03-11 07:06:00
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