Shipbuilding
COSCO completes first export ship
China's COSCO Shipyard Group has completed its first export ship. It delivered a 57,000-dwt bulker, the Apj Kais completed at its Guangdong yard, on April 17 to its owner Apeejay Shipping of India. The vessel represents the yard's first delivery to a...
2009-04-22 07:44:41
110 newbuildings cancelled
According to local newspaper reports, China Academy of Telecommunication Research (CATR) of the Ministry of Information Industry (MII), the main agency in charge of industrial and information communication in China, disclosed late March that the numb...
2009-04-22 07:39:00
Aker Phil launches 7th product tanker
Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, launched Hull 011, the seventh in a series of 12 product tankers to be completed by 2011. When completed, the 600 foot long vessel will be sold to American Shipping Company and bareb...
2009-04-22 06:50:11
Sietas inks ferry newbuilding
Hamburg-based shipyard Sietas Werft has signed a newbuilding contract with Föhr-based ferry operator Wyker Dampfschiffs-Reederei. The vessel will be able to carry about 1,200 passengers and 75 cars and will be employed on services to the Nor...
2009-04-22 06:45:01
S&M shipbuilders crisis
Large shipbuilders in South Korea may be relieved from newbuilding order drought soon to some extent as massive shipbuilding projects are set to begin worldwide since the second half. But newly-established small and midsize shipbuilders with ‘no...
2009-04-22 06:03:33
Chinese shipbuilding facing tough times
In 2008, Chinese accomplished shipbuilding output was 28.81 million deadweight tonnages, rising by 52.2% of last year. The newly undertook ship orders were 58.18 million deadweight tonnages, a reduction of 40.9% of last year. Ship orders in hand were...
2009-04-21 14:21:13
Petrobras to order 240 vessels in next 6 yrs
Brazil's Petrobras is seeking around 240 offshore oil development vessels in the next five to six years, its chief financial officer said on Monday, deals that could bring new life to the stagnant global shipbuilding sector. "In the next five to six ...
2009-04-21 13:45:47
New orders to stay weak
Encouraging signs are emerging in the world's dry bulk shipping industry, a senior industry official said, but warned the economic downturn and credit crunch were set to dog shipbuilders for the rest of the year. "We have seen a very significant ...
2009-04-21 13:32:34
Russian wins newbuilding order
Russia’s Krasnoye Sormovo shipyard has clinched a vital contract to build three tankers for Kazakh state shipowner Kazmortransflot, its first new order since last August. The deal is worth a combined $66.45m, the shipping company said in a state...
2009-04-21 07:03:15
Sungdong loading out boxship on-land
At dawn on April 20th, Sungdong Shipbuilding & Marine Engineering of South Korea has succeeded in loading out a containership built purely on land for the first time in the world. Boxships need to have faster cruising speeds than bulkers or tanker...
2009-04-21 06:16:58
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