Shipbuilding
Lindenau grabs tanker order
The Lindenau shipyard in Kiel, Germany, has received an order for a 540-dwt bunker tanker from transport and shipping company Reimers in Cuxhaven. Although small, the order has thrown a lifeline to the yard, which entered into insolvency proceedi...
2010-04-22 08:32:29
Namura unveils 12 handy orders
Japan's Namura Shipbuilding affiliate Hakodate Dock has revealed details of recent orders at the company for 12 handysize bulkers. Namura managing director Mikinori Ikeda said seven of the 32,000-dwt vessels were new orders for an undisclosed Japa...
2010-04-22 08:29:09
Jiangsu newbuild output jump 90%
Jiangsu Province, the largest shipbuilding base located in East China, kept uptrend in terms of shipbuilding output, with 83 vessels of 4.597m dwt delivered in the first quarter. It rose by 89.1% against last year occupying 12.9% of global share a...
2010-04-21 10:44:00
Japan new ship orders up
Japan’s shipbuilders secured a total of 34 new vessel orders in March, up from 28 the previous month, but significantly down on the 110 orders recorded in the same month last year. According to data from the Japanese government, new orders total...
2010-04-21 08:19:40
Majors to gain from fuel-efficient ships
Established shipyards with larger research and development capabilities will gain most from increased future demand for fuel-efficient vessels once newbuilding demand returns. Smaller yards with little or no design capabilities are likely to stru...
2010-04-21 08:14:50
Orders March to Double
Despite entire orderbook continuing to shrink, panamax bulker and small tanker order backlogs both edged up in March. According to Clarkson Research Services' monthly report released on Monday, global newbuilding orderbook as of April 1st stood at...
2010-04-21 06:40:08
CSIC Q1 Net Income Up 7.3%
China Shipbuilding Industry Co. said first-quarter net income rose 7.3 percent to 315.9 million yuan ($46.3m), according to a filing to Shanghai’s stock exchange. Sales gained 11 percent to 4 billion yuan, according to the statement. The c...
2010-04-20 09:50:18
JES closing on six kamsarmaxes
A little-known Chinese player is said be close to a deal for six kamsarmax vessels as part of a plan to boost its international trade. Fujian-based Jimei Shipping Co is said to be in negotiations with Jiangsu Eastern Shipyard (JES). The vesse...
2010-04-20 08:21:04
Japanese orders at 17-year low
Japanese export ship orders sank at their fastest pace in 17 years in fiscal 2009, which ended on March 31, due to ship owners' flagging demand for new vessels, according to figures released by the Japan Ship Exporters' Association. Japan, one of the...
2010-04-20 08:05:41
Newbuild Prices Up, At Last!
After continuing to fall since the global financial crisis, newbuilding prices are rising continuously since the beginning of April. It is the first time in 20 months that the prices moved upward for two consecutive weeks and market players are me...
2010-04-20 06:45:16
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