Shipbuilding
ADNOC signs 13 newbuilds
Abu Dhabi National Oil Co. shipping subsidiary Abu Dhabi National Tanker Co. has signed contracts for the construction of 13 new ships for its fleet. All are scheduled for delivery by yearend 2011. "ADNOC has signed shipbuilding contracts with F...
2009-03-26 09:46:28
SCI to hold tender for cargo/passenger ships
India's state-run operator Shipping Corporation of India (SCI) on March 23 disclosed its newbuilding consolidation plan for two passenger-cum-cargo vessels (which can carry 500 passengers and 150 tons of cargoes), with two more on option. SCI will...
2009-03-26 07:21:51
Struggling NCA ready to deliver fifth Grimaldi ferry
Embattled Tuscan shipyard Nuovi Cantieri Apuania (NCA) expects to deliver the fifth of eight cruise ferries under construction for Aldo Grimaldi in the next two weeks. As they contemplate an uncertain future, however, the eyes of management and w...
2009-03-26 07:08:49
One in five panamaxes will be cancelled
At least 19% of the total 511 panamax bulk carriers on order will be cancelled in the next four years. A new report from German bank DVB Group has forecast that by 2011 there will be 500 surplus panamaxes (60,000 dwt-83,000 dwt) in the market, as ...
2009-03-26 06:58:28
Coming Soon: Orders
While shipbuilders of South Korea, the world’s biggest shipbuilding nation, have received almost no orders during the past six months, newbuilding ordering activity is forecast to recover in April, if early. On March 24th, Goodmorning Shinhan Secur...
2009-03-26 06:25:58
Uncertainties grow on shipbuilding recovery
Newbuilding order drought could continue until the third quarter, according to a prospect. Hanwha Securities in Seoul said economic downturn in Europe where many leading shipowners are based is having negative effect on newbuilding order activity....
2009-03-25 15:35:41
STX joins Russia's new shipyard project
South Korea's STX Group will participate in the construction of a large-scale shipyard for a Russian corporation, according to overseas media reports. It is believed that STX aims at taking in newbuilding demand in Russia by providing its technolo...
2009-03-25 14:27:26
Western Shipyard wins ferry order
Lithuania’s Western Shipyard has won an order for a gas-powered ferry from Norway's Fosen Namsos Sjo. The vessel was developed by Fiskerstrand BLRT, which is 50% owned by Western. The order is the Norwegian company’s first at the yard, but ...
2009-03-25 07:49:43
Kleven still building cancelled orders
Kleven Marine will press on with two anchor handling tug supply newbuildings which were cancelled by Siem Offshore today. Stale Rasmussen, managing director of the shipyard group says the pair will be completed after the remaining eight Siem units...
2009-03-24 07:33:28
OSG moves incomplete newbuilding order
Overseas Shipholding Group (OSG) vessels under construction at Bender Shipbuilding & Repair reportedly have been moved to another yard. The incomplete articulated tug barges (ATBs) now have been moved to Pascagoula, Mississippi-based VT Halter Mar...
2009-03-24 07:23:34
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