Shipbuilding
HMD to add MR pair
Hyundai Mipo Dockyard seems to add MR product carrier duo soon. d'Amico International Shipping recently revealed that it will probably exercise further options for two at the Korean shipbuilder. An official from d'Amico said the firm newbuildin...
2013-05-09 06:38:00
BSIC scores four VLOCs
Chinese shipowner Shandong Shipping has inked a deal for four newbuildings of 250,000 dwt very large ore carrier (VLOC) with China Shipbuilding Industry International Trade and CSIC Bohai Shipbuilding Heavy Industry (BSIC). After delivery, the 250...
2013-05-08 12:25:16
KASC firms up MPP pair
A newbuilding contract for two 27,000 dwt multipurpose vessels officially took effect at the end of April, signed by China’s Taizhou Kouan Shipbuilding Co (KASC) and Singapore’s Pacific International Lines (PIL). The 27,000 dwt is to be const...
2013-05-08 07:40:54
COSCO predicts low order flow
COSCO Corporation prospects newbuilding orders will decrease with yard over-capacity problem being aggravated. The Singapore-listed conglomerate predicts that due to poor newbuilding investment from owners, new orders will keep dropping in the res...
2013-05-08 06:53:15
Tanker demolition to rise
As poor tanker earnings continue, more tanker owners are expected to become interested in demolition. Charles R Weber said tankers older than 15 years will be less economically feasible with higher maintenance costs and added “This could ultimat...
2013-05-08 06:50:08
COSCO firms up FPSO conversion
A contract COSCO Dalian Shipyard of China signed with MODEC of Japan has gone into effect regarding a VLCC “Algarve” to be converted to a FPSO unit. This conversion project is marked as the eighth following after the shipyard successfully deli...
2013-05-07 07:24:00
Rongsheng "In Cape Talks"
While the Hong Kong-listed and China’s large privately-owned Rongsheng Heavy Industries is known as having secured an order for up to eight capesize bulkers from Greek shipowner, Golden Union, an official at Rongsheng has said that, “The informat...
2013-05-07 07:20:38
"Focus on HHI orderbook"
Hyundai Heavy Industries of Korea is suggested that it is likely to reach an order target of this year despite a weak performance in the first quarter. Jung Dong-Ik, analyst at Hanwha Securities of Korea has explained, “All business sectors exc...
2013-05-07 07:13:09
Hyundai signs 18,400TEUs
Hyundai Heavy Industries of Korea appears to have won an order for 18,400 teu very large containerships. Hyundai has inked a contract with China Shipping Container Lines (CSCL) for construction of five 18,400 teu containerships worth $700m in tot...
2013-05-06 14:00:25
Hyundai wins 5 VLGCs
FORT LAUDERDALE, FL, May 2, 2013 - SEACOR Holdings Inc. (NYSE: CKH) ("SEACOR") announced that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. ("HHI"), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of t...
2013-05-06 06:47:22
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