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Shipbuilding
CSBC wins Evergreen 8,000TEU's
Evergreen Group chairman Chang Yung-fa revealed it will order the last batch of 8,000 teu boxships at compatriot CSBC. Evergreen, which booked 20 8,000 teu ships at Korea's Samsung Heavy Industries last year, is now set to complete the 30 8,000 te...
2011-03-01 10:41:34
Hyundai scores $4bn orders in Jan.
Hyundai Heavy Industries announced Monday that it has reaped KRW 2.179trn ($1.932bn) in revenue and $3.959bn in new orders for January this year. Revenue was 19.8% higher than a year earlier of KRW 1.819trn and order intake skyrocketed 319.8% from...
2011-03-01 07:29:33
Korea Line wields axe
In court documents issued alongside its Chapter 15 filing in the US, Korea Line Corp says it had 11 vessels on order at the end of 2010. “Construction of two of the vessels has been discontinued by agreement,” KLC said without disclosing deta...
2011-03-01 06:58:31
Daesun wins bulker
Daesun Shipbuilding & Engineering has won a bulker order just days after losing two ships in an order cancellation. The Korean shipbuilder said the new vessel is worth $26m, but did not give any further details. On Friday it said Greece’s P...
2011-03-01 06:37:13
Sungdong loads out its 100th ship
Korea's middle-standing shipbuilder, Sungdong Shipbuilding & Marine Engineering, loaded out its 100th newbuilding to the floating dock on the 26th over four hours. The 100th 180,000-dwt bulker, the world's largest one among those which are built ...
2011-02-28 12:54:56
Global orders and price both dive
In the first month of this year, global orders and prices both dived. In January, global new orders reached 64 units of 4.2m dwt, 2.8m GRT and 1.5m CGT, diving by 59% against the same period of last year. Clarkson statistics showed in January the ord...
2011-02-28 11:23:09
Daewoo to meet $15bn orders
Korea's Daewoo Shipbuilding & Marine Engineering is expected to score a maximum of $15bn in new orders for this year. Kim Hong-keun, researcher at Seoul-based Dongbu Securities, says, "Daewoo has been ensured to build a bunch of boxships for Denm...
2011-02-28 07:42:28
Huanghai hunts seven 28K MPP's
China's Huanghai Shipbuilding has signed a newbuilding contract with Ethiopian shipowner ESL to build seven 28,000-dwt multi purpose cargo carriers at a price of $32.5m per unit for delivery between August 2012 and December 2014. This is the lar...
2011-02-28 07:38:41
Hudong-Zhonghua pens 76K BC quartet
China’s Hudong-Zhonghua Shipbuilding has inked panamax bulker quartet with compatriot Longsheng Shipping. The Ningbo-based owner, which is due to take delivery of two 76,000-dwt panamax-bulker newbuildings from the yard at the end of this year, ...
2011-02-28 06:34:25
Sungdong clinches 9,000TEU pair
Korea's Sungdong Shipbuilding & Marine Engineering is said to have won an order for two 9,000-teu boxship orders from Tsakos Group. The greek owner is reportedly paying $97m each. However, Tsakos general manager Harry Hajimichael says no order...
2011-02-28 06:30:43
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