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Shipbuilding
Sungdong wins another pair
On July 25th, Sungdong Shipbuilding & Marine Engineering of South Korea has inked an order for construction of two 158,000-dwt suezmax tankers additionally following an order intake for Tsakos’ suezmax pair on July 16th. The orderer is said to h...
2009-07-27 06:07:34
Chinese rank No. 1 in fresh orders
Amid severe orders drought, Chinese shipbuilders excelled South Korean rivals in terms of order intakes and orderbook, becoming new No. 1 shipbuilding nation. According to latest data collected by Clarkson Research, Chinese yards secured new order...
2009-07-24 11:28:32
Newbuilding outlook still gloomy
Chinese shipbuilders and analysts say the country’s shipbuilding industry is far from turning the corner despite a recent surge in newbuilding orders. The country’s shipyards received 41 newbuilding orders, totaling 4.7m dwt, last month. Thes...
2009-07-24 07:39:53
Emerging yards start to win fresh orders
Shipbuilders around the world have slowly begun to resume their order intake activities for newbuildings. The number of newbuilding deals, which had been limited to merely two cases worldwide in April-May, has been gradually growing since June th...
2009-07-24 07:32:50
Chinese stand orderbooks drought
In Chinese shipbuilding industry orders drought has continued for more than seven months while constructions and deliveries of newbuildings on order accelerating, and it is far from clear that how long the newbuilding orderbook could be stretched in ...
2009-07-24 06:49:14
Big boys eyeing smaller
Chinese shipbuilders turned out to have been gradually increasing small vessel constructions such as specialized ships and river ships, which had been ignored for a long time by larger yards. A shipbuilding official in Yizheng City, Jiangsu Provin...
2009-07-24 06:43:21
Newbuilding price down 20%
Newbuilding prices turned out to have declined by around 20% from a year earlier, according to a leading research company. Global newbuilding orderbook as of July 1st stood at 9,135 ships of 172.7m cgt and 534.2m dwt, Clarkson Research Services (C...
2009-07-24 06:37:49
Hyundai wins first new ship orders
Hyundai Heavy Industries of South Korea, the world's largest shipbuilder, has landed its first newbuilding orders this year winning five coast guard vessels. The company said it has signed a contract with Korea Marine Fund Corporation on July 23rd...
2009-07-23 11:50:40
Euronav asks Samsung to switch VLCC order
Belgium-based shipowner Euronav has called on Samsung Heavy Industries of South Korea to switch a VLCC order to a pair of suezmaxes. Samsung was preparing to build a 318,000-dwt VLCC for delivery in the first quarter of 2012, but under a $170m dea...
2009-07-23 07:27:39
Yards try to keep pace with deliveries
Only a quarter of the dry bulk carriers scheduled to enter service in 2009 have been delivered in the first half of the year. Just 230 of the 967 vessels on order this year entered the fleet before June, according to data from London broker Simpso...
2009-07-23 07:05:11
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