Shipbuilding
No relation to Norden cancellations: Jiangmen
Jiangmen Nanyang has said it is not the Chinese shipyard which has seen two Norden newbuildings quashed. The Danish owner said on Tuesday that it had axed a 50%-owned handysize pair in China but received deposits back in full. Senior vice-presiden...
2009-03-13 08:05:44
Odense suffered order cancellations
Greek owner Carras (Hellas) has scrapped orders for two of eight capesizes it had contracted at Maersk’s Odense Steel Shipyard in Denmark. The original order was for four vessels placed in the summer of 2007 and two sets of two have been added s...
2009-03-13 07:58:27
Beijing's focus on larger shipyards
The government is preoccupied with saving larger shipyards with many smaller ones in jeaopardy which could well present an opportunity for some, says Mao Yongbong, president of Hubei Baibuting Group. His firm has acquired and is reorganizing six priv...
2009-03-13 07:27:59
Orders flatlining in Feb, down 98.4%
Shipbuilding orders received in February worldwide fell to 193,000 dead weight tonnes (dwt), down 50% month-on-month and by 98.4% year-on-year. Governments across east Asia are scrambling to find financial solutions for the potentially empty swat...
2009-03-13 06:52:13
Three yards vie for tankers: Transpetro tender
Three Brazilian shipyards are competing in a tender to build a trio of bunkering tankers for Transpetro, Petrobras' logistics arm revealed. The tankers are part of the second phase of Transpetro's $5bn, 49-vessel fleet expansion program. Two Rio d...
2009-03-12 08:19:22
Imabari plans to deliver 100 ships
Imabari Shipbuilding built a record-high 91 newbuildings in the whole of 2008, including 22 units of the 28,000-dwt Handysize bulker, one of its main products, and 12 units of the 76,000-dwt Panamax bulker. Imabari posted an increase in newbuilding c...
2009-03-12 07:59:09
Gazprom, Rosneft ponder ordering ships
Russian energy majors Gazprom and Rosneft plan to order 307 ships from the recently established United Shipbuilding Corporation until 2030, Prime Minister Vladimir Putin said during a meeting on the development of non-military sea equipment in St. Pe...
2009-03-12 07:15:00
ThyssenKrupp stops work on four boxships
Germany’s largest shipbuilding group, ThyssenKrupp Marine Systems (TKMS), is stopping the construction of four containerships. TKMS said it had been informed by its client that the banks would not finance the construction of the 3,400 teu vesse...
2009-03-12 07:09:56
Doubts on mass cancellations
One of Greece’s top shipbrokers has cast doubts on the ability of shipowners to achieve mass cancellations of newbuilding orders. Taking his own country’s orderbook as an example, Allied Shipbroking director George Daskalakis said there had b...
2009-03-12 07:04:40
New paradigm looming: Specialized vessels
The silence in newbuilding ordering activity worldwide, which began since the fourth quarter of last year, is likely to continue for a long time. Global newbuilding market beleaguered by order drought saw just a few orders being placed in China wh...
2009-03-12 06:13:07
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