Hantong wins 5+2 BCs from Japan [Shipbuilding]
Nisshin Shipping, a Tokyo-based operator, turns out to have placed an order at Jiangsu Hantong Ship Heavy Industry (HT) of China for building up to seven (including two options) Kamsarmax bulkers.   According to TradeWinds, the 82,000 dwt ...
2017-07-17 07:16:10
HMD won multiple PC deals from Japan [Shipbuilding]
Hyundai Mipo Dockyard (HMD) has secured at least five PCs from three Japanese owners.   According to industry sources and TradeWinds, Fukujin Kisen, Masumoto Shipping, and Hisamoto Kisen have ordered Tier II MR product tankers at the yard....
2017-07-17 07:15:24
Wuhu won a river car carrier newbuilding deal [Shipbuilding]
Wuhu Shipyard, located in Anhui, China recently won a contract for the construction of an 800ceu river car carrier from Shanghai-based car shipping company Kingfour marine.   According to foreign media, the vessel will be built in accordan...
2017-07-17 07:14:23
Only MR tanker is bright in dusky Asian PC market [Shipbuilding]
While it would be better off than crude carrier market, Asian product carrier market would also get pressure from NB deliveries in Q3.   According to industry sources, PC deliveries would pick up in 2H, increasing the total fleet growth ...
2017-07-17 07:13:21
China's LNG import capacity expected to surge [Shipping]
It is expected that China's LNG receiving/import capacity will excess up to a 100m ton level in 2025.   The National Development and Reform Commission (NDRC) of China has recently offered the outlook, up dramatically compared to 43.80m ton...
2017-07-17 07:11:53
Top Ships entering joint ownership for two NB MRs [Shipbuilding]
Top Ships, led by Evangelos Pistiolis, is establishing JV with Swiss-based trading company Gunvor Group to start joint ownership of two 50,000dwt MR product tankers.   Top Ships held a 49% of shares of this two vessels, which is being buil...
2017-07-17 07:10:55
Dae Sun reaches wage deal three years in a row [Photo News]
Dae Sun Shipbuilding & Engineering announced on July 13 that its management and labor union have recently reached an agreement on wage and collective bargaining talks without any negotiation for three consecutive years. Writing by Jeff...
2017-07-17 07:08:46
Dae Sun reaches wage deal three years in a row [General]
Dae Sun Shipbuilding & Engineering announced on July 13 that its management and labor union have recently reached an agreement on wage and collective bargaining talks without any negotiation for three consecutive years.   Ahn Jae-Yong,...
2017-07-17 07:08:12
[Feature] LNG-fueled Ship Era Began④ [Shipbuilding]
How would Korean shipbuilders not lose its competitive edge and lead the future market, where LNG fueled ships would dominate?   An industry expert suggests strategies: Retain leadership from the transitional period market; Expand toward r...
2017-07-17 07:06:25
Sungdong secures RG for crude carrier quintet [Finance]
Sungdong Shipbuilding & Marine Engineering announced on July 14 that the Korean debt-stricken shipbuilder has secured refund guarantee (RG) from the Export and Import Bank of Korea (Korea Eximbank) for the construction of five crude carriers ...
2017-07-17 07:05:34
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