SHI added another LNGC
Samsung Heavy Industries (SHI) announced on October 15 that it won a 174,000-cbm LNG carrier at around KRW211.8bn (around $185m in USD) from an Oceanian owner. It is known that the contract lasts from October 12, 2018, to January 31, 2021. The...
YZJ/Mitsui to establish shipbuilding joint venture
Mitsui E&S Shipbuilding Co., Ltd. ("MES-SC," Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. ("YZJ", Head Office: Jiangsu Province, Chairman: Ren Yuanlin, listed on the Singa...
Japanese yards consecutively win LPGCs
Japanese small- and mid-sized shipbuilders have recently won LPG carrier newbuilds from their compatriot shipowners/operators. According to TradeWinds and industrial sources, Shin Kurushima Dockyard has recently been awarded three ...
Huarong Energy sells shipbuilding assets
China Huarong Energy, formerly Rongsheng Heavy Industries, is to sell its shipbuilding business assets. For disposal of its shipbuilding and engineering assets, recently, the Hong Kong-listed company has had negotiations with inves...
EU supports ferry conversion works
It turned out that the European Union (EU) offers financial supports for Balearia's ferry conversion project. According to industrial sources, the Spanish ferry operator has been granted EUR 11.8m subsidies from the EU for the planned conversi...
Thenamaris books one more LNGC at HHI
Thenamaris, which is led by Greek shipowner Dinos Martinos, turns out to have placed one more LNG carrier order at Hyudai Heavy Industries (HHI). Via its website, Thenamaris has recently updated information of one new 174,000 cbm LNG carrier (...
First LNG-fuelled ocean-going ship signed
The Ministry of Oceans and Fisheries (MOF) of Korea announced on October 12 that the country introduces its first LNG-fuelled ocean-going ship, as H-LINE and Hyundai Samho Heavy Industries (HSHI) pledged the deal. The ship just signed is two 1...
Clarksons: 'Shipbuilding on recovery track'
A report argued that the global shipbuilding industry is “slightly improved,” while the conditions remain “tough.” Clarksons Research at London revealed such an analysis in its semi-annual report, ‘Shipping Review & Outlook - Aut...
FLEX contemplating to buy new LNGC
FLEX LNG Ltd. (the "Company") is contemplating to enter into a transaction (the "Transaction") for the acquisition of five 5th generation LNG newbuldings comprising three high-end MEGI LNG carriers currently under construction at ...
Chengxi nets Kamsarmax quartet
BoComm Financial Leasing (BoComm FL), the leasing arm of the Bank of Communications of China, turns out to have increased the number of Kamsarmax bulker orders it books at CSSC-affiliated Chengxi Shipyard by four. According to foreign me...
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