Underwater robot verification center opened [Offshore]
On June 16, Underwater Robot Verification Center opened at Pohang, Korea, to verify high-end equipment and promote related R&D.   The center, whose construction was begun in 2014, is in line with The Ministry of Oceans and Fisheries’...
2017-06-26 07:07:38
CMA CGM in talks for new LNG-fueled ULC [Shipbuilding]
CMA CGM, a French shipping group, appears to be planning to order nine brand new ULCs. According to TradeWinds, the company is in talks with multiple shipbuilders for up to nine newbuildings of over 20,000teu ULCs worth over USD1.4bn in total,...
2017-06-26 07:06:52
KHI bags its first VLGC with scrubber [Shipbuilding]
Kumiai Navigation Pte Ltd, a wholly owned subsidiary of Kumiai Senpaku of Japan, placed an order for one 82,200 cbm very large gas carrier (VLGC) at Kawasaki Heavy Industries (KHI) for delivery in 2020. The new vessel is equipped with scrubber...
2017-06-26 07:05:54
STX wins MR tankers from Greek owners [Shipbuilding]
STX Offshore & Shipbuilding has recently won up to six MR2 tankers from two Greek shipowners Golden Energy and OceanGold. According to a foreign press, Golden Energy is said to have placed an order at STX for the construction of four 50,00...
2017-06-26 07:05:14
Korean shipbuilders enjoy sheer rise in newbuilding orders [Shipbuilding]
Korea among major shipbuilding countries remain strong in the newbuilding market while tanker segment is enjoying uplift from price fall and bulker/container ship segments are still suffering a slump.   According to Clarkson Research, accu...
2017-06-26 07:04:00
Busan TP chosen as USCG laboratory [Equipment]
Busan Techno Park of Korea has recently announced that it has been selected as the Korean Register of Shipping-affiliated (KR-affiliated) independent laboratory (SUB-IL) of the United States Coast Guard (USCG).  Busan Techno Park announ...
2017-06-26 07:03:13
HHI wins one additional LNGC from Knutsen [Shipbuilding]
Hyundai Heavy Industries turns out to have won one additional 180,000 cbm LNG carrier from Knutsen OAS Shipping of Norway. According to a foreign press, the new LNG carrier which will have M-type, Electronically controlled, Gas Injection (ME-G...
2017-06-26 07:02:21
Global orderbook decline 17% y-t-d [Market Information]
Global shipbuilders' orderbook totaled 3,156 vessels and 186.40m dwt (76.20m cgt) as of the end of May, 2017, which is a decline of 17% compared to the early this year. The 40% of the orderbook is expected to be delivered within this year. Acc...
2017-06-23 17:19:59
VLCC contracts gaining ground [Market Information]
The condition of global shipbuilding market is still sluggish even though it is picking up slightly compared to a historic recession in 2016. In this situation, contracting activities in very large crude carrier (VLCC) sector is significantly gai...
2017-06-23 17:18:15
China NB orders fall 31% Jan-May [Market Information]
Newbuilding orders awarded at Chinese shipbuilding industry in January - May 2017 fell by 31% year-on-year to 9.86m dwt. However, in May, the shipbuilders saw a year-on-year increase of 400% to 3.20m dwt.  According to CANSI data, newbuil...
2017-06-23 17:16:50
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