Shipbuilding
Fincantieri wins superyacht
In a significant boost for Fincantieri, the Italian state-owned shipbuilder has snapped up a firm order for a superyacht at its Muggiano yard near La Spezia, foreign media reports. The 140 m vessel, the second for the recently established Fincant...
2009-12-21 07:31:09
Xiamen to win state-backed orders
Market players are keeping an eye on a newbuilding deal that appears to have been orchestrated under direct orders from Beijing. Foreign media reports that a contract for two supramaxes with an option for two more is due to be signed in the next f...
2009-12-21 06:58:56
Rongsheng secures 8 bulkers
A Chinese bank has ordered eight panamax bulkers worth around $272m at Jiangsu Rongsheng Heavy Industries. Sources say Minsheng Financial Leasing Co Ltd has booked the 76,000-dwt bulkers on the back of a long-term bareboat charter to domestic ship...
2009-12-21 06:49:22
Samsung inks four suezmaxes
Stena Bulk of Sweden has ordered up to four 158,000-dwt tankers at Samsung Heavy Industries in South Korea, foreign media reported. The company has signed up for two firm contracts for delivery in the third and fourth quarters of 2011 with option...
2009-12-21 06:45:46
China orderbook No. 1 for 2 months
Chinese shipbuilders, which surpassed South Korean rivals in October for the first time in terms of order backlog, continued to rank first in November. According to Clarkson Research Services data, Chinese orderbook, as of November, stood at 54.7m...
2009-12-21 06:26:11
Samho signs four handysizes
Samho Shipbuilding, located in Tongyoung city, South Gyungsang province, South Korea, has signed a contract with Turkish shipowner Ciner on December 18th to build four 35,200-dwt bulkers. An official from the shipbuilder said the value of the cont...
2009-12-21 06:23:37
Samjin delivers second handysize
South Korean emerging shipbuilder Samjin Shipbuilding Industries (SSI), located in Weihai, Shandong, China has named one 34,000-dwt bulk carrier on December 14th and delivered it to KP08 International Limited on December 18th. This is the second h...
2009-12-18 15:20:48
Hegemann may cut 600 jobs
Crisis-ridden shipyard group Hegemann hopes to secure urgently-needed bank loans by the end of the year. Company spokesman Torsten Henkel said NordLB and KfW Ipex agreed in principle to grant further loans to the German shipbuilding group at...
2009-12-18 07:34:59
Hanjin delivers IRISL boxships
Two containerships at the center of a payments dispute between Islamic Republic of Iran Shipping Lines and South Korean shipbuilder Hanjin Heavy Industries & Construction have been handed over, while discussions continue about the fate of a third. ...
2009-12-18 07:10:04
Year-end order rally
South Korean large shipbuilders, which have been suffering from orders drought, are landing new orders following one after another at the end of the year. Some are even cautiously talking about the market bottoming out. Notably, Daewoo Shipbuil...
2009-12-18 06:42:29
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