Shipbuilding
Five ships cancelled at Qingdao Hyundai
Evalend Shipping of Greece has now cancelled five of a total of eight 5,600-dwt chemical tankers booked at China's Qingdao Hyundai Shipyard. Last month, it was reported that two vessels in the series that had been cancelled by Evalend were purchas...
2009-03-17 06:30:49
Samjin Shipbuilding names two PCTCs
South Korea’s Samjin Shipbuilding Industries at its Weihai shipyard in China held a naming ceremony for two 6,700-car capacity PCTCs on March 16th. The Dyvi Atlantic and Dyvi Pacific have a length of 200 meters, width of 32.26 meters and height ...
2009-03-16 17:02:28
12 chemical tankers cut from Celiktekne orderbook
Turkey's Celiktekne Shipyard has seen a dozen ships slashed from its orderbook and is looking for buyers for seven of the nine remaining vessels to be built at the yard. Celiktekne management board member Mehmet Taylan confirms that six 9,000-dwt che...
2009-03-16 13:20:40
Maersk renegotiates new VLCCs
Maersk Tankers is renegotiating both the price and delivery schedule of the four VLCCs it ordered from South Korea's STX Shipbuilding last September. Maersk Tankers chief operating officer Kristian Morch says the talks to improve terms are entirel...
2009-03-16 13:11:55
7 ships ordered in February: down 98% YoY
According to the latest statistics of Clarkson Research Studies, global shipbuilding industry signed only 193,000 DWT new ship deals in February down by 98.4% year-on-year reaching merely 1.5% of the single month's volume in 2004. Among the 7 vessels...
2009-03-16 11:50:36
Hyundai targets $21.1bn : orders
Hyundai Heavy Industries, the world's leading shipbuilder, said Friday that it is aiming at winning US$21.1 billion worth of orders this year, down 33 percent from last year's figure. Last year, the shipbuilder clinched orders valued at a record o...
2009-03-16 07:59:48
Danaos moves to delay deliveries
Piraeus-based Danaos Corp is close to pushing back one third of its vessel deliveries in one of container shipping’s biggest newbuilding programmes. Five vessels have already been delayed by up to eight months, while the New York Stock Exchange-lis...
2009-03-16 07:22:56
Shipyards urge gov't aid: Turkey
Turkey’s growing shipping industry needs government support to survive harsh global conditions, says Metin Kalkavan, chairman of the Turkish Chamber of Shipping. Turkey’s shipping industry needs state support in order to be more competitive in th...
2009-03-16 07:07:57
Bulker cancellations may reach 100m dwt
A third of the 300m dwt of bulk carriers on order will be cancelled in the next three years, according to Norwegian broker Lorentzen & Stemoco. An estimate of 100m dwt of newbuilding cancellations has been worked out by investigating what owners have...
2009-03-16 07:01:21
Second round restructuring started
Second phase restructuring of shipbuilding firms has begun in South Korea and four shipyards are attracting industry’s attention on their fate. Government is now asking more severe appraisal standards than the first round. Banks on the basis of ...
2009-03-16 06:14:30
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