Korea ranked No.1 in NB delivery [Market Information]
Newbuilding delivery of global shipbuilders during the first four months of 2017 totaled 556 vessels and 39.3m dwt (12.60m cgt), slightly up from the same period last year. However, the annual delivery in 2017 is expected to be 94.60m dwt, 6% les...
2017-05-26 17:34:15
China NB orders fall 52% Jan-Apr [Market Information]
Newbuilding orders awarded at Chinese shipbuilding industry in January - April 2017 fell by 52% year-on-year to 6.65m dwt. According to CANSI data, newbuilding delivery of Chinese shipyards during the four months period increased by 72% to 18....
2017-05-26 17:32:27
Korea leads new orders in Jan-Apr [Market Information]
Korean shipbuilders are booming in the newbuilding market early this year, with 4.6m dwt orders out of a combined 10.7m dwt awarded at Asian shipbuilders from January to April, 2017. Clarkson Research says through the latest report that the gl...
2017-05-26 17:29:52
Korean shipping companies seek Chinese yard [Market Information]
Of the 20 vessels ordered by Korean shipping companies this year, seven vessels are built domestically while the remaining 13 vessels are built at Chinese shipyards. The proportion of orders placed in the domestic market is 35%, much lower than t...
2017-05-26 17:27:20
HHI wins back 1st place in group orderbook [Market Information]
Global shipbuilders' orderbook totaled 3,290 vessels and 192.10m dwt (78.20m cgt) as of the end of April, 2017. The amount (in dwt terms) showed a 14% downturn against the beginning of the year, representing the lowest record since 2004 also. ...
2017-05-26 17:25:33
SHI carries out personnel change in executives [People]
Samsung Heavy Industries carried out personnel changes in executives on May 26.  A total of four executives have been promoted, with one senior executive vice president, one executive vice president and two executive directors. The l...
2017-05-26 10:54:07
SHI carries out personnel change in executives [General]
Samsung Heavy Industries carried out personnel changes in executives on May 26.  A total of four executives have been promoted, with one senior executive vice president, one executive vice president and two executive directors. The lis...
2017-05-26 10:52:22
Norway to support domestic vessel retrofits [Finance]
Following the IMO ratifications of the ballast water and exhaust gas treaties, government-owned Export Credit Norway offers financing to international vessel owners who purchase retrofit equipment from Norwegian suppliers.   The Norwegian ...
2017-05-26 07:33:48
Inmarsat-IMSO to enhance maritime safety in Vanuatu [Shipping]
It turned out that Inmarsat (ISAT.L) has made available five Fleet One units to a pilot initiative that aims to bring change to the way ships connecting island communities in the Pacific archipelago of Vanuatu communicate.   The Internatio...
2017-05-26 07:31:40
DONG Energy to divest oil and gas business to INEOS [Finance]
​DONG Energy agreed on May 24 to divest the entire share capital of DONG E&P A/S to INEOS for an unconditional payment of USD 1,050 million (DKK 7.0 billion) on a cash and debt free basis, a contingent payment of USD 150 million (DKK 1.0 bi...
2017-05-26 07:29:32
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