Record Number of Box Ships to be Delivered in 2013, Yet Orderbooks are Thinning
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the
Oslo-based shipping firm Belships ASA has placed an order for two fuel efficient Supramax bulk carriers from Imabari Shipbuilding Co. Ltd. The design provided
(Reuters) STX Group, formerly Ssangyong Heavy Industries, shares tumbled on Monday morning after an official at Woori Bank said the company is considering a
8 months after the first plate of steel was cut, Flensburger Schiffbau-Gesellschaft (FSG) shipyard has launched the 210 meter-long ConRo ferry Oceanex
Sembcorp Marine’s subsidiary PPL Shipyard secured a USD $220.5 million contract to build a Pacific Class 400 jack-up rig from a BOT Lease Co., Ltd
Athens-based containership owner/charterer, Costamare Inc. (NYSE:CMRE) announced today a new joint venture with investment advisor firm, York Capital
Jurong Shipyard announced they have received a USD $596 million contract from Noble Corporation to build an ultra-high specification jack-up rig with option
Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers.
Oslo-based ship investment company, SinOceanic Shipping ASA, has entered into a contract with Jinhai Heavy Industries to build ten, 8,800 TEU state-of-the art
COSCO Corporation announced today that their subsidiary, COSCO (Dalian) Shipyard Co. Ltd, secured a RMB500 million (USD $81 million) contract today from an
Gas carriers accounted for the highest share of total shipping investment last year since 2005, according to Clarkson Plc, the world’s largest
Mitsubishi Heavy Industries, Ltd. (MHI) announced today an agreement with Mitsui O.S.K. Lines, to build a Sayaendo-series liquefied natural gas (LNG) carrier.
Since the first of January, Danish tramp shipper Norden has been executing a significant growth plan focused on both the dry bulk and clean product tanker
Zhejiang shipyard has delivered the PSV Sea Flyer, the first of 12 Ulstein PX105 PSVs ordered by Seatankers
Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s biggest container
(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s
While in Singapore last month, I had the unique opportunity to tour Keppel FELS, one of the world’s most prolific and capable shipyards. Over the past
Hyundai Heavy Industries, the world’s largest shipbuilder (and also a leading industrial robot manufacturer), says it has developed miniature welding
In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker
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