Shipbuilding
Sungdong delays mega dry dock
Sungdong Shipbuilding & Marine Engineering of South Korea has postponed its plan to construct a mega dry dock. The Tongyeong-based shipbuilder says it will not be building VLCCs in the next two years, as its plans have had to be pushed back becaus...
2009-07-31 11:38:18
Canadian shipbuilding deal reached
Canada's shipbuilders have agreed to a radical change in the way contracts will be doled out by the federal government. The federal government plans to spend $40 billion over the next 30 years to build as many as 50 large ships, on top of the 70 s...
2009-07-31 06:56:21
Boxship delivery delays exceed 1.8m TEUs
Of the containerships on firm order worldwide, those whose completion dates have been postponed have exceeded 1.8 million TEUs. According to findings by French maritime consultant AXS Alphaliner, the number of containerships on firm order as of J...
2009-07-30 07:17:50
T.Mariotti fits out Seabourn Sojourn
The hull of the Seabourn Sojourn has arrived at T.Mariotti’s Genoa yard for fitting out. The second of three sisterships ordered at T.Mariotti to boost Seabourn’s fleet follows Seabourn Odyssey, which started its maiden voyage in Venice on Jun...
2009-07-30 07:11:40
Risks for shipbuilders amid growth
"In the first half of this year, we achieved 67.19 billion yuan ($9.8bn) in economic output, an increase of 16.8 percent year-on-year. Operating revenues rose 11.7 percent to reach 53.73 billion yuan and profits surged 20.8 percent to reach 3.34 bill...
2009-07-30 07:04:23
Tsakos VLCC order at Sungdong ‘void’
South Korea’s Sungdong Shipbuilding & Marine Engineering has picked up its second order for suezmax pair in less than a month on July 25th. The latest order is for two 158,000 dwt suezmax tankers priced at $70m each. Both vessels are scheduled ...
2009-07-30 07:01:14
Some Jiangsu yards to go to the wall
An official from the Economic & Trade Commission of Jiangsu Province said in Jiangsu-Greece cooperation meeting that Jiangsu, China’s first province in shipbuilding industry, would have some shipbuilders forced out of the market in 2012, since new ...
2009-07-30 06:55:53
Guoyu delivers its first export ship
China's Yangzhou Guoyu Shipbuilding has successfully delivered the 57,000-dwt bulk carrier 'SHROPSHIRE' on July 22nd from its shipbuilding base to the shipowner. 'SHROPSHIRE' is the major ship type of Bibby Ship Management of the UK and it has a l...
2009-07-30 06:14:32
Newbuilding prices continues to fall
The China Association of the National Shipbuilding Industry (CANSI) expected newbuilding prices would continue to fall in the second half of this year. CANSI said in its latest report that newbuilding prices would not pick up in near future as shi...
2009-07-30 06:11:28
Vinashin delays delivery of Aframax trio
Vietnam Shipbuilding Industry Corp (Vinashin)’s ambition to move into the large tanker building has taken a hit. Vinashin said Tuesday that it has indefinitely delayed delivery of three Aframax oil tankers to the country’s newly-built Dung Qua...
2009-07-29 07:10:39
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