New Ship Orders, China Demand Threaten Dry Cargo Recovery
By Keith Wallis SINGAPORE, July 22 (Reuters) – A flood of orders for new vessels and slower Chinese growth in demand for commodities could derail a
By Keith Wallis SINGAPORE, July 22 (Reuters) – A flood of orders for new vessels and slower Chinese growth in demand for commodities could derail a
Seadrill’s West Tellus, a 6th generation drillship currently under construction at DSME, officially has work to do when it get’s delivered in
July 19 (Bloomberg) — The won gained for a second week after South Korea’s shipbuilders won overseas orders and as the Federal Reserve calmed
Singapore-based rig builder, Keppel Corp and Keppel Offshore & Marine will have new leadership in 2014 as the current CEOs of both companies move on to
Seadrill has announced today that it has signed contracts to build four new ultra-deepwater drillships from South Korean yards, DSME and Samsung Heavy
HONG KONG/SINGAPORE, July 11 (Reuters) – A court has granted a unit of China Rongsheng Heavy Industries approval to proceed with legal action to reclaim
COSCO Zhoushan Shipyard Co. has announced today a contract to build four 111,000 dwt tankers for an undisclosed a European ship owner as well as a contract to
Volstad Shipping AS has signed a newbuild contract with Tersan Shipyard in Turkey for a new Subsea IMR and Construction Vessel. The vessel comes at a total
Bollinger Shipyards, Inc. announced the appointment of Richard K. Murphy as a senior manager working on Coast Guard and other governmental programs at their
SEOUL, July 9 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering has won an order worth 481.2 billion Korean won ($417.61
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. is in talks with two coastal cities and government departments to secure financial
China Shipbuilding Industry Corporation (CSIC) announced today that their subsidiary, Shanhaiguan Shipbuilding received an order for 2 new jack-up rigs with an
By Koh Gui Qing and Yimou Lee HONG KONG/BEIJING, July 8 (Reuters) – An appeal for government financial support from China’s biggest private
Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global
China Rongsheng Heavy Industries Group, China's largest private shipbuilder, appealed for financial help from the Chinese government and big shareholders on
(Bloomberg) — Brazilian billionaire Eike Batista is being asked by advisers to consider shutting down OSX Brasil SA’s shipbuilding business and
MOSCOW, July 4 (Reuters) – Daewoo Shipbuilding & Marine Engineering has won a tender to build ice-class gas tankers for the Yamal LNG project to
China State Shipbuilding Corporation (CSSC) has announced the launch of China’s first dual fuel harbor tug, the CNOOC 521, from their Huangpu Shipyard.
China International Marine Containers Group (2039:HK) announced today they have signed a USD $595.00 million newbuild contract with Dalian Shipbuilding (DSIC)
Scorpio Tankers Inc. (NYSE: STNG) has announced a big investment into the liquefied petroleum gas (LPG) transportation sector. The product tanker owner has
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