Shipbuilding
CSC Jinling shines alone
During the first two months in 2013, only one shipyard placed in Nanjing, Jiangsu Province, China, is reported to have won a newbuilding contract and besides, several small and medium shipbuilders are facing a bankruptcy crisis due to lack of orderbo...
2013-04-01 06:32:54
BESTWAY inks midsize LNGC
China’s BESTWAY has announced on March 27 that its wholly-owned Shanghai Bestway Marine Engineering Design has inked an EPC contract (Engineering, Procurement and Construction) worth of CNY 560m ($90m) with Dalian Inteh for a 28,000 cbm LNG carrier...
2013-03-29 07:16:02
Japan flooded with BC inquiries
With foreign shipowners' growing interest in Japanese-built vessels, it is said that shipowners are paying frequent visits to Japanese shipyards. Japanese shipbuilders are seeing sharply increased inquiries for newbuildings, mostly for eco-friendl...
2013-03-29 06:54:19
Zamakona pens more Well-boat
March 26, 2013, Norway's Sølvtrans has signed a new contract with the Spanish shipyard Zamakona Yards for the construction of a new 3,200 m3 well-boat. Delivery is scheduled to early 2014. The vessel is a sister ship of Rojna Polaris, currently ...
2013-03-29 06:44:59
Commercial Ship Revitalized
It is suggested that the second quarter of this year is seen as an appropriate timing to invest in shipbuilding industry and the third quarter is suggested for shipping industry. KB Investment & Securities of Korea has explained on March 27 throug...
2013-03-28 07:28:56
JMU win 30 BCs in FY12
Japan Marine United (JMU) has announced that it won 20~30 vessels, mostly for bulkers, during a fiscal year of 2012 (April 2012~March 2013) and secured yard slots up to the first half of 2015. Before a merger, Japan’s Universal Shipbuilding and...
2013-03-28 06:47:40
3. Maj expects aframax coup
3. Maj is expecting a newbuilding contract for two aframax tankers within 30 days. The Croatian shipyard said it delivered complete design documentation to a domestic shipping company and the deal is close to being firmed up. The yard also reve...
2013-03-28 06:39:03
Korea "superior in LNGC efficiency"
Korean shipbuilding industry is said to be outpacing Japan in a competition of LNG carriers’ fuel-efficiency. Analyst Park Moo-Hyun at E*Trade Securities of Korea has said that Japan’s Mitsubishi Heavy Industries and Imabari Shipbuilding estab...
2013-03-27 07:35:53
Eco-ship momentum rises
It is suggested that placing orders for eco-ship will speed up, benefiting Korean shipbuilding industry from now on. Analyst Park Moo-Hyun at E*Trade Securities of Korea has said that, “Opposing opinions on eco-ship are decreasing and as more a...
2013-03-27 07:25:28
Koreans win Scorpio LR2 sextet
MONACO (Mar 26, 2013) - Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has agreed to construct six additional LR2 Newbuildings. The Company executed agreements with Hyundai Samho Heavy Industries Co., Ltd. ("HSHI") to co...
2013-03-27 07:05:14
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