Shipbuilding
Chengxi wins more Eco BCs
On 22nd March, the China Navigation Company Pte Ltd (“CNCo”) confirmed an order for four additional 39,500dwt Bdelta handysize bulk carriers to be built at Chengxi Shipyard in China, the company announced on 25th March. This latest order bring...
2013-03-27 06:35:55
HMD scores PCTC quartet
Hyundai Mipo Dockyard of Korea has announced through a regulatory filing on March 25 that it won a contract to construct four PCTCs worth of KRW 314.8bn ($282m) from a shipowner in the Middle East. A contract term for the four PCTCs is from March...
2013-03-26 07:05:31
Chinese orders edge up
New order contracted in January and February 2013 in Chinese shipbuilding industry showed a small increase comparing with the same time period last year, however, delivery is reported to have sharply declined and industry’s total production value a...
2013-03-26 07:03:49
Eco-ship ordering jumpstart
As newbuilding orders for eco-ship kicked into a high gear from this year, shipbuilders’ orderbooks are expected to turn around into an uptrend. Analyst Choi Won-Kyung at Kiwoom Securities of Korea has said, “The four important factors as yar...
2013-03-26 07:02:47
3. Maj books MR six
Croatia’s 3. Maj shipyard is to win an all-important newbuilding order in the conventional ship sector. Yard boss Edi Kucan confirmed Sweden's Wisby Tankers had signed a letter of intent (LOI) for up to six 49,000-dwt MR product carriers. Shi...
2013-03-25 10:22:05
Ko "Ship market will improve"
Daewoo Shipbuilding & Marine Engineering of Korea has urged to move forward to achieving a management target of this year, overcoming domestic and foreign economic slump, at the 13th regular general meeting of shareholders on March 22. Ko Jae-Ho,...
2013-03-25 07:10:09
China shows recovery signs
Amid a protracted downturn in global shipbuilding and related industries, Jiangsu Province, China, turned out to have ranked at the top in delivery, new order contracted and orderbook in China and overall market recovery is also seen to recover littl...
2013-03-25 06:46:29
STX-Saudi plan shipyard
Saudi Arabian Oil Company is reportedly teaming up with Korean partner STX Heavy Industries for a new shipyard project at Ras al-Khair. The companies are said to be planning a $4bn repair and fabrication shipyard, Middle East business newspaper MEED...
2013-03-25 06:32:10
Hyundai signs 9,000TEU LOI
Korean giant shipbuilder Hyundai Heavy Industries has reportedly signed a letter of intent with Oceanbulk Carriers, the joint venture company between US private-equity firm Oaktree Capital and Greece's Oceanbulk group, for the construction of up to s...
2013-03-22 10:37:22
STX wins Eco MRs
STX Offshore & Shipbuilding has reportedly won an order for two Eco-friendly 52,000-dwt products tankers from Denmark's Norden. Industry sources say the company has signed up for two MR PCs and two options, for delivery in 2014. They say Norden...
2013-03-22 10:23:05
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