Shipbuilding
Yards Contracting to Grow
Shipbuilding industry is said to be on the road to recovery that there is a revival sign in commercial ship market while offshore facility market seems still strong. Analyst Kim Hong-Kyun at Dongbu Securities of Korea has said, “Looking back ne...
2013-04-03 06:55:12
Conrad announce new orders
Morgan City, Louisiana (March 28, 2013) – Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced its fourth quarter and twelve months 2012 results and the addition of new business during the first quarter of 2013 totaling $51.4 million. ...
2013-04-03 06:39:07
JMU inks Eco supramax
Japan Marine United scored a contract to build a pair of supramax bulkers for Golden Ocean. Golden Ocean, in a note to investors, said “The board is of the opinion that it has obtained favorable terms, attractive pricing and considers risk / rew...
2013-04-02 07:34:11
Japanese performance to struggle
Despite weaker yen, Japanese shipbuilding industry will keep struggling with low ship demand level and fierce competition with overseas competitors. Mizuho Corporate Bank saw that lower yen and emergence of eco-ship demand will benefit recovery in...
2013-04-02 06:42:39
Hyundai Samho delivery milestone
Hyundai Samho Heavy Industries of Korea has successfully delivered overall 50m dwt of ships over the past 13 years and five months, since its establishment in October, 1999. Hyundai Samho has announced that it reached a record of building vessels ...
2013-04-02 06:31:27
SHI in Good Fundamentals
Samsung Heavy Industries of Korea is said that it has a strong new order momentum with stability in performance. Analyst Kwak Min-Jeong at BS Investment & Securities of Korea has explained, “Samsung is expected to post KRW 3.617trn ($3.2bn) of r...
2013-04-02 06:25:30
Samsung to sign LNGCs
Samsung Heavy Industries is to win a number of LNG carrier orders sooner or later. The Korean shipbuilder is said to be in final talks with SK Shipping-Marubeni for two 180,000CBM newbuildings. Energy major Total is to secure the tonnage on lon...
2013-04-01 10:29:28
Qingdao Beihai books VLOCs
China Shipbuilding Industry Corp (CSIC) associated Qingdao Beihai Shipbuilding Heavy Industry is said to have won a newbuilding order for very large ore carriers from compatriot shipping company. Shandong Shipping is ordering a series of 250,000DW...
2013-04-01 07:06:03
STX adds to cape orderbook
John Fredriksen's Frontline 2012 appears to have exercised options for four capesize bulkers at STX Dalian recently. Frontline 2012, which signed a newbuilding contract for four firm 180,000-dwt bulkers and additional four options in January this ...
2013-04-01 06:49:24
Yangfan win BC & Feeder
China’s Yangfan Group has announced that the company won a contract for two firm 40,600 dwt bulkers with two options from France’s Unishipping. The firm order for two vessels are to be constructed at Yangfan Group’s affiliated Zhejiang East...
2013-04-01 06:34:01
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