Shipbuilding
Daewoo launches coast guard
Daewoo Shipbuilding & Marine Engineering of South Korea on July 21st held a launching ceremony for the Taegeuk 11, an up-to-date 500-ton coast guard vessel. The ship has a length of 62.2 m, a width of 9.1 m and a depth of 5 m and it can operate at...
2009-07-21 13:44:38
Cosco Dalian builds the longest dock
The construction of the longest dock in China by the No. 3 Engineering Company of CCCC First Harbor Engineering Company, a subsidiary of China Communications Construction Company, for COSCO Dalian Shipyard's Lushun newbuilding complex, began on July ...
2009-07-21 12:54:13
Romanian wins 10 newbuilding orders
Romania’s Orsova shipyard’s managing board has validated the signing of 10 external contracts on shipbuilding worth 13.82m euros ($19.65m) in total, with delivery in 2009 and 2010, the Bucharest Stock Exchange reports in a release. According to B...
2009-07-21 07:12:49
Hyundai-Vinashin launches second ship
Huyndai-Vinashin Shipyard (HVS) launched a 56,000-dwt cargo vessel on July 17th, the second of ten the company plans to build for a $500m contract by a German firm. The ship will be handed over to its owner, E.R.Shiffahrt, in October. The 187.8...
2009-07-20 11:50:37
Sietas wins two special purpose ships
German shipyard Sietas Werft has secured an order for the construction of two special-purpose vessels from a compatriot shipowner and an option for another two. Sietas’ managing director Rüdiger Fuchs said, “It will turn out in the cours...
2009-07-20 07:02:44
Coal demand boost New orders
China's heavy reliance on coal for energy has helped to lift orderbooks at domestic shipbuilders. At least 7.6 million dwt of bulker capacity booked at yards in China is linked to the domestic transport of coal. A number of the newbuildings were b...
2009-07-20 06:50:59
To be continued: Cancelled newbuilds
The percentage of newbuilding cancellations may not be as high as predicted but a shift in market dynamics may see them financing growth of the Chinese fleet, says Ugo Salerno (pictured), head of Italian classification society Rina. Salerno believ...
2009-07-20 06:47:58
CSBC wins four coal carriers
Taiwan's largest shipbuilder, CSBC Corp., Taiwan, signed a contract with Taiwan Power Co. (Taipower) later Friday for the building of four 93,300-ton coal carriers, a CSBC source said. The four bulk carriers, designed for operation in the expande...
2009-07-20 06:44:47
Shipbuilders turnaround Q3
South Korean shipyards will see a turnaround in their profits during the third quarter, helped by stabilizing steel prices, inventory clearance of other key materials and a steady growth in offshore-related projects. Although it seems too early t...
2009-07-20 06:38:42
Orderbook of Liaoning big 3 enough
According to local sources, Dalian Shipbuilding Industry Corporation located in Liaoning Province, China has constructed 10 vessels totaling 1.31m dwt during the period between January and May 2009. Bohai Shipbuilding Heavy Industry has delivered ...
2009-07-20 06:18:00
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