Shipbuilding
Hyundai Mipo builds new ships
Hyundai Mipo Dockyard (HMD) is very active in constructing new types of ships. It recently started to build new type ship Open Hatch General Cargo Carrier (OHGCC) following LPG carrier. It held a steel cutting ceremony for the first OHGCC and ...
2008-10-09 14:02:16
Chinese shipyards open up Post-Panamax
Chinese shipbuilding companies began the construction of Post-Panamax bulkers in full scale. According to overseas report, Nanjing Jinling Shipyard, Yangfan Group and Weihai Shipyard commenced the construction of the first 92,500-dwt bulker each b...
2008-10-09 10:40:20
Aker Philadelphia delivered 5th tanker
Aker Philadelphia delivered 5th John Act product tanker. On Friday, September 19, Hull 009, the fifth product tanker in a series of twelve, was successfully delivered to American Shipping Company. A traditional naming ceremony was held at the ...
2008-10-09 09:15:58
Shipbuilding industry diversification
While world shipbuilding market is showing a downward trend due to monetary stringency and economic slump, South Korea’s large and medium shipbuilders, which have secured enough orders, are sharpening their competitiveness through diversifying thei...
2008-10-08 18:56:43
India may revive shipbuilding subsidy
India intends to press ahead with ambitious plans to expand shipbuilding capacity and revival of a shipbuilding subsidy that was discontinued last year is back on track. That, at least, is the word from India's Union Minister of Shipping, Road Tra...
2008-10-08 16:28:05
Sanko wins newbuildings in quantity
Japan’s Sanko Line (The Sanko Steamship) revealed that it would arrange for a total of 12 newbuildings including six offshore vessels, four suezmax tankers and two handymax bulkers. It has been very active in expanding its offshore vessel fleet ...
2008-10-08 15:51:49
China’s state-owned shipyards commence operation
Massive shipbuilding bases, which China’s government-owned shipbuilding groups have been constructing, started operation following one after another. Changxing Shipbuilding Base, affiliated with CSSC (China State Shipbuilding Corporation), has c...
2008-10-08 10:43:14
Asian shipbuilders face prospect of bankruptcy
Asian emerging shipyards face hard time due to financial crisis from wall street. Asian shipbuilders face an abrupt downturn in demand that could result in some yards going bankrupt as ship owners cancel or postpone orders, according to executives...
2008-10-08 10:00:01
SPP celebrates 200th newbuilding order
SPP shipbuilding Group won an order for two 74,000-dwt tankers from a Greek shipowner last week. With the order, the SPP Gropu has received orders for a total of 200 ships worth $9bn since it started newbuilding business. The shipbuilding orders a...
2008-10-07 14:58:39
Geden books two more Aframax
Turkey’s Geden Lines has decided to order two additional aframax tankers for expansion of its fleet. The 115,000-dwt tankers are said to be slated for delivery in October and December 2010. They will be constructed at Samsung Heavy Industrie...
2008-10-07 12:13:00
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