Shipbuilding
HHI scores four PCTCs
Hyundai Heavy Industries has been awarded an order for four post-panamax pure car/truck carriers (PCTC) from domestic logistic firm, Hyundai Glovis, which are slated for delivery in 2014. The Korean-owned logistic firm has revealed that it booked ...
2013-05-13 06:36:57
Shipbuilding of Jiangsu in Crisis
China’s largest shipbuilding region, Jiangsu Province appears to be standing in a life-or-death situation although it has showed a pretty stable status since the global economic crisis. Jiangsu economic and information technology commission ha...
2013-05-13 06:26:13
Maersk cuts 'Triple-E' price
Danish shipowner Maersk Line is said to have rearranged a bill by minus $100m for construction of 20 18,000 teu ultra large containerships ordered at Daewoo Shipbuilding & Marine Engineering of Korea. According to market players, the “Triple-E...
2013-05-13 06:23:53
‘Weak Yen’ threat to Sino-Koreans
As yen-dollar exchange rate exceeds JPY100 for the first time in four years, Korean major industries, which are at in competition with Japanese rivals, for instance, vehicle, shipbuilding, steel, electric industries and etc., appear to face a challen...
2013-05-13 06:22:30
HMD inks 87K bulker triple
Hyundai Mipo Dockyard has been awarded an order to build three 87,000 dwt bulkers from Suisse-Atlantique of Switzerland. The shallow-draft newbuildings, around 200 meters in length and 38 meters in beam, are slated for delivery in 2015 and 2016. ...
2013-05-10 14:23:54
SWS inks two Capes
China State Shipbuilding Corporation-affiliated Shanghai Waigaoqiao Shipbuilding (SWS) has contracted an order for a pair of capesize bulkers with the Taiwanese-listed owner Sincere Navigation. The newbuilding bulkers cost $46.8m apiece and will b...
2013-05-10 07:16:11
STX building Eco LR2s
STX Offshore & Shipbuilding announced on April 8, 2013 that it had signed a contract to build four 113,000-dwt Long Range 2 (LR2) product tankers for Teekay Tankers Ltd. The contract involves with an option for up to an additional 12 vessels. Th...
2013-05-10 07:06:53
HHI scores car carriers pair
May 9, 2013 - Wilh Wilhelmsen ASA and Hyundai Heavy Industries (HHI) have today signed an agreement to build two Post Panamax vessels. When delivered in 2014 and 2015, the vessels will commence service for Wallenius Wilhelmsen Logistics. "Although...
2013-05-10 07:01:38
NB market "on recovery"
Although traditional ship finance market is still contracted and shipowners’ capability to place orders looks dismal, orders for Eco-ship are growing thanks to a demand for better fuel-efficiency; thus, environment for newbuilding order is suggeste...
2013-05-09 07:45:46
Korean Offshore Drive
Efforts of Korean industries and government continue even in Houston, the US, which are seeking to develop domestic offshore plant industry through recognizing a trend in the global offshore plant market, technology exchanges and etc. while the offsh...
2013-05-09 07:42:38
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