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New Japanese Bulker Design named

01/05/2013
Japan's Imabari Shipbuilding Co., Ltd. has developed a new class of 33,000 dwt D/W Type Bulk Carrier  named 'IS' TRI-STAR. The shipbuilders say that its share of the

China Shipyard Delivers Another Bulk Carrier

30/04/2013
CIC Lixin Shipyard has named and delivered the 'MV Yangtze Oasis' to  New Yangtze Navigation (Hong Kong) Co., Ltd. The new type of 34,000 dwt

Leading yards say newbuilding prices have bottomed-out

30/04/2013
Prices of newbuilding vessels could well have bottomed out as shipowners are embarking on a new cycle of ordering racing against

Hudong-Zhonghua selected for more gas ships

30/04/2013
Sinopec, China Shipping Development and Japan’s Mitsui OSK Lines have played it safe and selected China’s proven LNG leader, Hudong-Zhonghua

Export credit guarantees boost Norwegian offshore shipbuilders

30/04/2013
Norwegian offshore shipbuilders, owners and equipment suppliers are the principal beneficiaries of strong growth at

Cuba Receives Sixth Cargo Ship Built in China

29/04/2013
The sixth of the ten cargo ships being built at the Shanghai shipyards for Cuba, as part of a joint project between the Caribbean nation and China, was delivered

Propulsion in the ice

29/04/2013
Operating in ice requires a very special type of vessel and in turn those vessels require a special type of propulsion, as described by Dag Pike.
Years ago the Russians solved the problem by sheer

Samsung Heavy 1Q Net Rises 19% on High-End Vessels

29/04/2013
Samsung Heavy Industries Co.'s (010140.SE) first-quarter net profit rose 19% on increased high-end ship orders, it said.
"We have

Yangzijiang hit by one more shipbuilding contract default

27/04/2013
Yangzijiang Shipbuilding was hit by an additional cessation of shipbuilding contract in the first quarter, adding on to previous defaults from

CSSC warns of loss in H1

27/04/2013
China State Shipbuilding Corp (CSSC) has warned of a possible net loss in the first half of this year after posting a 73.1% plunge in first quarter profit.
“Due to reduced newbuilding completion

Korea's STX Offshore Gets Emergency Loans

27/04/2013
Creditors of the ailing shipbuilder agree to provide STX Offshore with (US$540 million) in emergency loans.
The news is cited as coming from the

Kawasaki Heavy Eyes Merger to Thin Shipbuilding Industry Ranks

26/04/2013
Kawasaki Heavy Industries Ltd. (7012), Japan’s third-biggest shipbuilder, would consider merging to thin out

MHI Signs contracts with PGS of Norway for 2 Additional Ramform

26/04/2013
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition

China’s first dual-fuel LNG carrier under construction

25/04/2013
Ningbo Xinle Shipbuilding Group has recently held a steel cutting ceremony for China's first hybrid dual-fuel 30,000 cu m LNG carrier.

China: Shipyards enjoy big rise in Q1

25/04/2013
The nation's shipbuilders received 9.57 million deadweight tonnage of new orders in the first quarter of the year, a 71.1 percent surge on last year, but analysts still

Sainty Marine plans to expand shipyard

25/04/2013
Jiangsu Sainty Marine has announced yesterday that it plans to expand its shipyard by 62 hectares and 1,100 meters to the west along the Yangtze River shoreline.

Kuang Ming to book four bulkers

25/04/2013
Kuang Ming Shipping, a subsidiary of Yang Ming Marine Transport, plans to purchase 2+2 supramax bulk carriers, according to a statement released by Yang Ming.

Rongsheng sets new record for deliveries

24/04/2013
China’s largest private shipbuilding company, Rongsheng Heavy Industries, delivered 3.9m dwt of vessels last year, a record high, according to the statement

A Bigger Share of the Pie

24/04/2013
As illustrated by the Graph of the Month, shares of global output have varied greatly in the last decade. Chinese builders increased their share of global deliveries in CGT from 14.3% in 2005 to 41.3% in 2012. During this period output increased from 3.9m CGT to a record 19.9m CGT. Korean yards also increased their

Kawasaki Heavy and Mitsui Engineering deny merger talks news

23/04/2013
Japanese heavyweights Kawasaki Heavy Industries Ltd and Mitsui Engineering & Shipbuilding Co yesterday denied media reports
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