Singapore-based Hanjin Heavy Industries confirmed newbuild orders Monday for three ultra-large container ships from CMA CGM. Plans for the 20,600 TEU ships were first revealed by CMA CGM last month, but the details of the order had not yet been finalized. Hanjin says the ships will be built at the group's Subic Shipyard in the Philippines. Delivery is scheduled for the … [Read more...]
STX Pan Ocean Orders Capesize Bulkers
Dry bulk shipper STX Pan Ocean has placed an order today for two Capesize bulk carriers from Hanjin Heavy Industries. The vessels, due for delivery by the end of 2016, are being built to ship coal on long-term contracts for power generation purposes according to the exchange filing. This new order adds KRW 103,697,340,000 (USD $97.4 million) to Hanjin Heavy Industries' … [Read more...]