Oldendorff actively orders new BCs
Oldendorff Carriers has recently made active newbuilding orders. The German bulker operator ordered three Ultramax bulkers from Dalian COSCO KHI Ship Engineering (DACKS), a China-Japan JV yard, TradeWinds reported. The 'gearless' vessels...
KMARIN abandons new VLOC orders?
Kukje Maritime Investment Corporation (KMARIN) is said to have terminated its plan to order large-sized bulkers from Chinese shipbuilding industry. Last April, the Korean ship investment firm reportedly discussed with Chinese shipyards about t...
YZJ won two Japanese BCs
Japanese giant trading company Mitsui & CO have ordered two kamsarmax bulkers at Yangzijiang Shipbuilding (Holdings) Group (YZJ). The 82,000-dwt newbuildings are estimated to be around $27m apiece and will be delivered in 2020 featuring Ti...
ABS-Probunkers join forces for LNGBV
It is said that 2017 established Athens-based Probunkers signed a business agreement for technological research for a preferred design of LNG bunkering vessel with ABS during Posidonia 2018. Alexander Prokopakis, CEO of Probunkers explained th...
HHI score: lower revenue, higher order
Hyundai Heavy Industries (HHI) announced through a regulatory filing on June 15 that its May revenue (separated basis) recorded yoy 23.8% decrease at KRW645.7bn. HHI’s accumulated revenue through May from the beginning of the year logged yoy 30...
New cement carrier ordered
JT Cement announced a newbuilding order at a Dutch yard. Nova Algoma Cement Carriers Limited, has acquired a 25% ownership interest in JT Cement AS from KGJ Cement Holdings and will join the joint venture JTC AS, which owns a fleet of seven sm...
MSC orders cruise ship from STX France
MSC Cruises ordered its 5th 'Meraviglia' class cruise ship from STX France. The vessel with a next generation duel-fuel engine is slated for delivery in 2023. According to foreign press and industrial source, the price of the cruise ship...
HHI shut down PCs after work hour
Hyundai Heavy Industries (HHI) announced on June 15 that to comply with revised Labor Standards Act, it will shut down all PCs except ones priorly approved. In line with this policy, HHI is forcefully shutting down all PCs in the offices after...
China delivers ultra large containership
China has recently succeeded in the delivery of ultra large containership (ULC). According to China's official state-run press Xinhua News Agency, CSSC-affiliated Jiangnan Shipyard has recently delivered one of six 21,000 teu containerships fo...
Jinling won Danish Ro-Ro ship
It is understood that a Danish operator DFDS have ordered additional one Ro-Ro unit at Jinling Shipyard of China. According to foreign media and industry, the ship will be delivered in 1H 2020. DFDS CEO Niels Smedegaard commented that the o...
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