Shipbuilding
DSIC books boxship octet
China's Dalian Shipbuilding Industry Co (DSIC) seems to have signed additional order for eight 3,900-teu boxships with Singapore-based Pacific International Lines (PIL). On February 27, MacGregor announced that it has secured a further order from ...
2013-03-04 06:16:31
Swiber earnings improved
Swiber Holdings Limited reported that the Group has marked a record high earnings in the fiscal year of 2012, since listed in 2006. Net profit surged 48.3% to US$62.5 million from US$42.2 million for the full year ended December 31, 2012 (“FY201...
2013-02-28 07:23:58
STX OSV 2012 earnings fall
STX OSV saw its both annual and Q4 earnings for 2012 decline. During three months to December 31, 2012, the Singapore-listed shipbuilder recorded NOK 111m ($19.5m) of net profit, plummeted by 83% year-on-year. Also, its revenue dropped by 19% to N...
2013-02-28 06:45:19
SWS signs Capes LOI
China's Shanghai Waigaoqiao Shipbuilding (SWS) is said to have signed a letter of intent with Cargill to build up to six fuel-efficient capesize bulkers. Sources said the LOI includes three firm newbuildings and additional three options. It is...
2013-02-28 06:41:56
DSME launches 1st 18,000TEU
Daewoo Shipbuilding & Marine Engineering of Korea (CEO, Ko Jae-Ho) has announced that the company held a launching ceremony of the world’s largest 18,000TEU containership at NO.2 drydock of its Okpo shipyard on February 24. This is the first ve...
2013-02-27 16:24:46
LNGC orders speed up
As energy paradigm has shifted from oil to gas, new orders for LNG carriers has increased that Korea’s large shipbuilders are expected to benefit from this. Yang Hyung-Mo, analyst of Taurus Investment & Securities in Korea said on February 25 ...
2013-02-27 07:54:47
Mitsui, Winner of MBC BC
Mitsui Engineering & Shipbuilding appears to have won an order for 56,000-dwt bulker from Ambi Shipping. The newbuilding costs $26.6m with delivery in the first half of 2015. Mitsui had delivered 55,600-dwt bulker M.V. Alam Manis to MBC in Marc...
2013-02-27 07:35:31
DSIC "8,800TEU Strong Candidate"
While China International Marine Containers (CIMC) is said to be under negotiation with shipyards for orders up to 20 post-panamax containerships, sources said China Shipbuilding Industry Co Ltd (CSICL)'s subsidiary Dalian Shipbuilding Industry Co is...
2013-02-27 06:37:07
Jiangsu tops ship export
In terms of ship exports, China's Jiangsu province is said to have ranked in the largest volume among 30 provinces (cities and counties are also included) of China in 2012. According to data from China Water Transport, Jiangsu province exported...
2013-02-26 07:36:53
Market recovery in 2016?
Ren Yuanlin, CEO of China's large private-owned Yangzijiang Shipbuilding, has said that current shipbuilding market is still at a basement floor and it will take some time to fully recover. According to zaobao.com article, Ren Yuanlin said on Feb...
2013-02-26 07:15:42
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