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Shipbuilding
Italian shipbuilders in joint push for aid
Italy’s shipbuilders have called for a joint industry lobbying effort in Brussels for targeted financial aid to help the industry surmount the ongoing economic crisis. In its quarterly bulletin, Italian shipbuilders’ association Assonave describe...
2009-02-27 07:26:07
Hyundai Samho will deliver Zim’s ships as planned
Hyundai Samho Heavy Industries of South Korea says the newbuildings ordered by Israeli operator Zim and set to be completed this year will be delivered to the owner as scheduled. A high-ranking official at Hyundai Samho said, “The ships to be de...
2009-02-27 06:45:16
Newbuilding prices by ship types: Downward trend
The Clarkson Newbuilding Price Index as of February 20th recorded the lowest level of 160 points since March 2005, down 17 points (9.6%) from 177 points at the end of last year. The latest figure is down as much as 30 points (15.8%) from the peak of ...
2009-02-27 06:40:12
Sungdong, the fastest to deliver cape after launch: Bonus aw...
Sungdong Shipbuilding & Marine Engineering, South Korea’s stalwart shipbuilder of middle standing, on February 26th delivered a 170,000-dwt bulk carrier. The ship named SC LOTTA on the day had been ordered by Greece’s Phoenix Energy Navigation...
2009-02-26 12:36:44
Aussie begins yard operations in Vietnam
The Western Australian shipbuilder Strategic Marine on February 24 opened its modern shipyard in the southern coastal province of Ba Ria-Vung Tau following 18 months of construction. “I’m very happy to see our dream come true,” chairman Mark Ne...
2009-02-26 08:17:32
Abu Dhabi Ship Building wins $125m deal
Reuters reported that 16 meter vessels will be designed by Turkey's Yonca-Onuk and co-produced by International Golden Group of Abu Dhabi. Abu Dhabi Ship Building said that it won a AED 460 million (USD 125 million) contract to supply 34 intercept...
2009-02-26 08:11:19
BG, Golar LNG in talks with Hudong on LNG ships
Overseas media reports that U.K. energy giant BG Group and John Fredriksen-led LNG carrier company Golar LNG are currently in talks with Hudong-Zhonghua Shipbuilding, China's only shipyard capable of constructing LNG carriers, for the construction of...
2009-02-26 08:06:20
NITC takes delivery of last in series of 11 NBs
National Iranian Tanker Company (NITC) has taken delivery of the last vessel in a series of 11 newbuildings from Hyundai Heavy Industries and three ships from Samsung Heavy Industries in South Korea. The world’s fourth largest tanker company ha...
2009-02-26 07:57:41
Russia outsourcing tanker building
Russia's most active oil and gas fields are shifting further to the north and closer to Russia's eastern coast, a development which is driving demand for new oil and LNG tankers. But with the country's shipbuilders mostly focused on military vessels,...
2009-02-26 07:43:51
SCI scraps tender: reconsidering fleet expansion
State-run Shipping Corp. of India Ltd (SCI), India’s biggest shipping company by fleet size and revenue, has scrapped a tender to buy four dry bulk cargo carriers as demand for ships declines in the face of a slowdown in global trade. “Demand has...
2009-02-26 07:40:22
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