Shipbuilding
Samjin launches 33,500-dwt bulker
Samjin Shipbuilding Industries, located in Weihai city, Shandong province, China, held a launching ceremony on August 19th for a 33,500-dwt log/bulk carrier. The vessel is the first of the six series ordered by International Limited. It has a l...
2009-08-19 10:20:27
Wadan no more boxship builder
After its sale to Russian buyers, Wadan Yards in Wismar and Rostock-Warnemünde face a strategic realignment. Instead of containerships, the yards will, in future, build special-purpose ships like ice-breakers and parts for the offshore indus...
2009-08-19 07:08:30
Onsys orders four tankers
Marine fuel and services supplier Onsys Energy of Malaysia has ordered four more bunker tankers in China. The company this week signed a deal with Asian Finance Bank (AFB) worth MYR 50m ($14.13m) to finance 50% of the 7,000-dwt products carriers O...
2009-08-19 06:58:41
Midsize trio in full blast
While newbuilding market slump is being prolonged, shipbuilders of middle standing in South Korea are playing an active part in the industry. Some of them have succeeded in receiving new orders following one after another, and the other is smoothly b...
2009-08-19 06:18:37
Dae Sun postpones delivery
Dae Sun Shipbuilding & Engineering of South Korea revealed earlier in August that it has agreed to postpone delivery for containerships. The delivery will be pushed back by six months upon request from the shipowner. The ships are believed to be 1,00...
2009-08-18 07:17:24
Cosco Dalian bags $320m bulker orders
Commodity and global logistics service supplier Noble Group is said to have allocated $320m to expand its bulk fleet through newbuild vessels ordered at Cosco Dalian. The arrangement, for four 92,400dwt post-panamax vessels and one capesize vesse...
2009-08-18 07:00:27
China keep up top orderbook
According to industry statistics, though decreasing little by little, Chinese shipbuilders' entire orderbook is still largest in the world. As of the end of July 2009, global shipbuilding order backlog decreased by 12.9% from a year earlier to 529...
2009-08-18 06:33:06
Order cancellations hit 40%
The storm of order cancellations is sweeping over the global shipbuilding industry in the wake of the financial crisis, particularly in South Korea. According to unofficial statistics from China Association of National Shipbuilding Industry (CANSI...
2009-08-18 06:27:02
Deliveries up, orders down
According to statistics released by China's Ministry of Industry and Information Technology (MIIT), Chinese shipbuilding output reached 18.78m dwt in the first seven months of this year, up 78% year-on-year. New order intakes stood at 7.87m dwt in...
2009-08-18 06:20:21
Vietnamese wins two cargoship orders
Vietnam’s Nha Trang shipyard has signed a contract for building two cargoships for Indonesian owner. The 12,900-dwt vessels will cost Indonesia Maritime Transport Company $17.2m in total. Delivery of the 127-meter ships is scheduled for February...
2009-08-17 07:24:04
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