JP Morgan orders 2+2 Capesize BCs [Shipbuilding]
JP Morgan, the US investment bank, turns out to have ordered up to four Capesize bulkers from a Chinese shipyard.  It is said that CSSC-affiliated Shanghai Waigaoqiao Shipbuilding (SWS) won the 2+2 180,000 dwt bulkers. With prices of abou...
2017-07-05 07:13:27
Korea to materialize ship finance corporation [Finance]
Kim Young-Choon, the minister of the Ministry of Oceans and Fisheries (MOF) of Korea, said that MOF will give shape to the introduction of 'finance corporation for shipbuilding and offshore industry', one of the current Moon Jae-In administration...
2017-07-05 07:12:48
Daehan added aframax tanker duo [Shipbuilding]
Greek owner Metrostar Management Corporation recently has doubled the number of aframax vessels it had ordered at Daehan Shipbuilding. Industry sources said that the owner made an additional order for two 115,000dwt crude carriers in addition ...
2017-07-05 07:11:34
HMD to suspend dock no. 4 [Shipbuilding]
Korean intermediate-ship construction stalwart Hyundai Mipo Dockyard (HMD) is to exercise tentative suspension on dock no. 4, which has focused on PCTCs(pure car/truck carriers) by mid-August. Sources said that while HMD already surpassed the ...
2017-07-05 07:10:44
HMD improves with integrated tank loading [Shipbuilding]
Korea's Hyundai Mipo Dockyard (HMD) recently made major improvement for cargo tanks for newbuilding asphalt carriers. On June 21 at its dock no. 1, HMD successfully loaded integrated cargo tank no. 1 on TIPCO’s 12,000dwt asphalt carrier (hul...
2017-07-05 07:09:40
Industry alliance to support decarbonisation [Shipping]
Thirteen leading shipowners and operators, classification societies, engine builders and suppliers, big data providers and oil companies have signed up to a new Global Industry Alliance (GIA) to support transitioning shipping towards a low carbon...
2017-07-05 07:08:45
"Aframax tanker order to increase" [Shipbuilding]
Demand for Aframax tankers is expected to increase as crude oil production in Libya is likely to recover to its previous level as the technological problems of Libya's largest oil field, Sahara oil, are resolved. Park Moo-Hyun, a researcher at...
2017-07-05 07:06:07
China expands supports for shipbuilding and shipping [Finance]
Chinese financial policy-making bodies and trust companies are reported to have constantly expanded supports for their compatriot shipbuilding and shipping industries.  According to a monthly report released by the Korea Maritime Institut...
2017-07-05 07:05:14
YZJ won six NBs in 2Q [Shipbuilding]
It emerged that Yangzijiang Shipbuilding (Holdings) Group (YZJ), one of the largest privately-owned shipbuilders in China, recorded a total of six newbuildings worth about $133m contracted in 2Q this year. Three of the new ships are reportedly...
2017-07-05 07:03:44
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