At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer defaulted on the contract, RS Platou Economic Research said.
Most of the re-sales of Capesize- or Panamax-sized ships, used to transport coal, iron ore and grains, were from Chinese shipyards, according to the Oslo-based research unit of Norway’s biggest shipbroker. The sales contributed to a doubling in the number of such vessels sold in 2012 compared with the prior year, RS Platou said, without providing a figure.
Values for re-sold vessels dropped 15 to 20 percent over the year, with discounts partly attributed to some shipyards’ older or poorer designs, Platou said.
U.S. shipbuilder Philly Shipyard, Inc. and HD Hyundai Heavy Industries Co., Ltd. (HHI), South Korea’s largest shipbuilding group, have signed a Memorandum of Understanding (MOU) to explore opportunities for collaboration...
SINGAPORE, April 24 (Reuters) – Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet, industry executives said....
Malaysia’s MISC Berhad, through its tanker subsidiary AET, has signed contracts for the world’s first two ammonia dual-fuel Aframaxes. The deal includes Time Charter Party Contracts (TCP) with PETCO Trading...
April 22, 2024
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