Shipbuilding
Rickmers delays payments
Shipping trust Rickmers Maritime has delayed payment of deposits totaling $20m on a pair of newbuildings as it struggles to secure $711m in finance. The $10m deposits are due on each of the two 13,100-teu containerships due to be delivered on July 1...
2009-08-17 07:17:03
Hantong wins seven 57K BC
Hantong Ship Heavy Industry located in Jiangsu Province, China said it has recently signed a contract for the construction of seven 57,000-dwt bulkers. The price of the ships is said to be around 2bn yuan ($292m). Hantong has singed a total of ...
2009-08-17 06:30:02
New Century becomes shipowner
A leading Chinese shipbuilder has become the owner of three newbuildings after the market crash left them unsold. New Century Shipbuilding of China is now also a shipowner with three 73,000-dwt products-tanker newbuildings already bareboat-charter...
2009-08-14 15:58:36
Maersk cancels capes at Daewoo
Danish owner Maersk McKinney Moller is said to have cancelled an order for two 180,000-dwt bulkers at Daewoo Shipbuilding & Marine Engineering in South Korea. The 96-year-old shipowner placed the order privately late in 2007 for delivery in 2009 a...
2009-08-14 15:40:06
K Line orders 32K bulker at Namura
Japanese shipping major Kawasaki Kisen Kaisha (K Line) builds a 32,000-dwt bulk carrier at compatriot Hakodate Dock, a wholly-owned subsidiary of Namura Shipbuilding, for delivery in the first half of 2011. It is for the first time a Japanese ship...
2009-08-14 12:27:05
Reliance to order six capes
India’s Reliance Power is said to be planning to order capesize bulker newbuildings. According to foreign media reports, the company intends to order six 205,000-dwt bulkers for around $55m per ship at South Korean or Chinese shipyard with deliv...
2009-08-14 11:54:00
Dae Sun bags Ro-Ro order
South Korea’s Dae Sun Shipbuilding & Engineering disclosed on August 6th that it has received an order for a Ro-Ro ship from a compatriot owner, representing its first newbuilding order in twelve months. The vessel was reportedly priced at $16 ...
2009-08-14 07:43:55
China new orders to plummet 90%
China’s new ship orders are expected to plunge by up to 90% for the whole year, following the news that orders had fallen 78% in the seven months to July this year. According to the Ministry of Industry and Information Technology, the country...
2009-08-14 07:25:07
NITC to order 12 VLCCs
Iran’s state-owned tanker owner National Iranian Tanker Co (NITC) has reportedly confirmed it will order 12 very large crude carriers in China on the strength of guarantees from China’s export-import bank. Brokers in the sale-and-purchase market ...
2009-08-14 07:22:45
GSI receives no tanker orders
China's Guangzhou Shipyard International (GSI) said in its interim performance report that it has received no new orders for products carriers and chemical tankers this year and secured newbuilding orders only from the government, including the speci...
2009-08-14 06:50:10
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