Shipbuilding
"Too early" for recovery talks
With shipping industry which is not yet strong enough, an illusion effect has appeared that shipbuilding industry is seen as if it is firstly recovering. Newbuilding order intakes in global shipbuilding industry during the first three months this...
2013-04-22 07:08:22
Hyundai orders jump
Hyundai Heavy Industries of Korea is said to have reached 35% of annual order target in shipbuilding and offshore and engineering divisions for the first three months this year. Hyundai has said through a regulatory filing on April 18 that it has ...
2013-04-22 06:51:13
Chinese M&A hampered?
In 2012, Chinese shipbuilding industry saw all three indexes drop and experienced severe recessions where almost 300 companies slipped into the red. While market players expect this downturn to continue over the next couple of years, mergers and acqu...
2013-04-22 06:50:26
CSSC-CSIC book VLOCs
Singapore’s Berge Bulk is planning to place an order for at most eight very large ore carriers (VLOC) at China’s two state-owned shipyards. The Singaporean shipowner is said to have signed a letter of intent (LOI) with CSSC Guangzhou Longxue Shi...
2013-04-19 11:02:37
Japanese Orders Booming
With a background of a weaker yen, Japanese shipbuilders are happy with explodingly increasing newbuilding orders which are concentrated mostly in bulkers. Trying to take advantage of the lowest level of ship prices in the past 30 years, foreign...
2013-04-19 07:28:23
NB orders to reach $250bn
Recently, newbuilding prices have plummeted to the level seen in 1980’s and there have been more shipowners who place orders for advanced vessels with eco-friendly and high-efficient features to take advantage of low ship prices. With this backgrou...
2013-04-19 07:19:02
Oshima adds 84K BCs
Oshima Shipbuilding adds a pair of 83,800-dwt bulkers for U-Ming Marine Transport of Taiwan on its orderbook. Sumitomo Corporation signed the newbuilding contract, valued in $33.8m apiece. The delivery is slated for 2015 and it appears that option...
2013-04-19 06:41:51
Zamakona wins $35m Tuna Fisher
April 17, 2013, Spain’s Zamakona Yards has just been awarded a new contract worth $35m for the construction of a tuna fishing and freezing vessel for the company Pesquera Miriam SA. The ship "LJUBICA", 89.8 meters in length, is designed for Cint...
2013-04-18 10:05:33
Chinese win bumper orders
Deliveries of Chinese shipbuilding industry in the first quarter of 2013 declined compared to the same time period last year however, it is reported to have shown an increasing move in newbuilding order intakes. According to statistical data fr...
2013-04-18 07:24:27
Namura nets Eco BCs
Namura Shipbuilding has signed a newbuilding contract to build up to four 34,000-dwt bulkers with MUR Shipping Holdings. The contract is said to have signed in 2012, which includes firm two and optional two newbuildings. Firm two bulkers are due d...
2013-04-18 07:19:33
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