EastMed buys BC resale
Greek shipowner Eastern Mediterranean Maritime (EastMed) has bought a resale of supramax bulker newbuilding from Marubeni Corporation of Japan. According to broker industry and sources, EastMed acquired a tanker newbuilding (Hull N...
Tsuneishi aims to win 50 NBs this year
Tsuneishi Holdings Corporation of Japan held a business information session on April 26 and conveyed that the number of new ships its Tsuneishi Shipbuilding wins will be 50 this year even though it reached eight only last year. Tsuneishi...
STX bags 3+1 tankers
STX Offshore & Shipbuilding, which is in receivership, has won first new order in about one year and five months. The Korean shipbuilder announced on April 27 that it was awarded a total of four tankers (including one option) by two compat...
Korea 1Q NB orders surge 75%
As of the first quarter of this year, global newbuilding market has shown signs of getting over stagnation and especially Korean shipbuilders are experiencing strong gains of new orders. According to Clarkson Research's April report, global sh...
Hyundai Samho bags VLCC duo
Hyundai Samho Heavy Industries has recently announced that the Korean shipbuilder won two very large crude carriers (VLCCs) from Sentek Marine, a Singaporean operator, on April 26. With dimensions of 330m in length, 60m in width and 29.6...
SHI used smart 3D for world’s largest boxship
It turned out that Samsung Heavy Industries (SHI) has used Intergraph Smart® 3D to design the world’s largest containership for Mitsui O.S.K Lines, Ltd. (MOL), surpassing 20,000 Twenty-foot Equivalent Units (TEU). With a length of 400 meter...
Korea to vitalize LNG-fulled ship
The Ministry of Oceans and Fisheries of Korea will hold a second meeting of the "LNG-fuelled ship related Industry Promotion Team", a private and public joint organization for the promotion of liquefied natural gas (LNG) fuelled ship, on April 27...
US intends to protect shipbuilding industry
US Commerce Secretary Wilbur Ross announced on April 25 that the Trump administration is considering taking additional trade actions to protect the US' aluminum, semiconductor and shipbuilding industries, as well as the revision of Korea-US Free ...
HHI Group wins largest orders in three years
Even in the current tough times in shipbuilding industry, the three shipbuilders of Hyundai Heavy Industries Group has been given the green light to showing rebound trend. According to the Korean group, its three shipbuilding affiliates such a...
Dae Sun inks new deal for one tanker
Dae Sun Shipbuilding & Engineering announced on April 25 that the Korean mid-sized shipbuilder signed a contract with its compatriot oil company GS Caltex for building one 6,500 dwt eco-friendly oil/chemical product tanker. The vesse...
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