Shipyards
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Koreans pile in for feeder ships at Hyundai Mipo
Broking reports reveal three Korean owners have signed for many 1,800 teu ships at Hyundai Mipo Dockyard with pricing estimated…
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Boxship orderbook-to-fleet ratio closes in on 20%
The containership orderbook as a percentage of fleet capacity is closing in on the 20% mark, having only broached double…
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Equinor and CIMC Raffles forge offshore wind pact
Norway’s Equinor is joining forces with Chinese yard CIMC Raffles to develop renewable energy projects in China. The deal will…
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Japan’s parliament passes package of shipbuilding measures
The Diet, Japan’s parliament, today passed a number of bills aimed at enhancing the competitiveness of local shipbuilders against rivals…
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$1.4bn sought to revitalise UK shipbuilding
With the government under Boris Johnson making repeated statements and photo ops on its keeness to bolster the UK’s shipbuilding…
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Hyundai Mipo to spearhead Korean efforts to develop CO2 carriers
Hyundai Mipo Dockyard (HMD) is pressing ahead with plans to commercialise ships capable of transporting carbon dioxide. To this end,…
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KSS Line inks VLGC contracts with Hyundai Heavy
Hyundai Heavy Industries of South Korea has won an order from compatriot KSS Line to build two dual-fuelled VLGCs. The…
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Minsheng Financial Leasing books boxship pair at DSIC
China’s Minsheng Financial Leasing (MSFL) has placed an order at Dalian Shipbuilding Industry Company (DSIC), a subsidiary of China State…
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Product tanker demo on course to crack 11-year record
International shipping association BIMCO has said that if the oil product tanker demolition continues at the current pace it will…
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Keppel seals $2.3bn FPSO contract with Petrobras
Brazilian oil major Petrobras has placed an order at Singapore’s Keppel Shipyard to build the P-78 floating production storage and…
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More than 100 yards on course to run out of business this year
Danish Ship Finance has published its biannual shipping markets review. Contained in the 59-page research document are details of the…
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Demo rates hit $550 per ldt
Demo prices have shot up soaring global steel prices and fierce competition between Pakistan and Bangladesh for limited tonnage. The…
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Hyundai Heavy pursues green hydrogen project in Sea of Japan
South Korean shipbuilder Hyundai Heavy Industries (HHI) has partnered with nine companies, including state-run Korea National Oil Corporation (KNOC), on…
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Covid immigration controls heap pressure on Singapore’s shipyards
Immigration restrictions thanks to Covid-19 are heaping pressure on Singapore’s shipyards. In a trading update yesterday, Sembcorp Marine, one of…
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EU urged to rethink policies on supporting shipbuilding
The German Shipbuilders Association has today called for a fundamental restructuring of the framework conditions for European shipbuilding, as Asian…
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CMA CGM signs up for 22 boxships at CSSC
French containerline CMA CGM has placed an order for 22 containerships at China State Shipbuilding Corporation (CSSC). The order covers…
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CDB Leasing books eight bulkers at Cosco Yangzhou
China Development Bank Financial Leasing (CDB Leasing) has placed an order for eight 80,000 dwt bulkers at Cosco Shipping Heavy’s…
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Two perish as violent storm topples New Times gantry crane
Two crane operators are thought to have died when an extraordinarily violent storm hit Jiangsu province in eastern China on…
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Ace contracts Dae Sun for up to eight chemical tankers
South Korean yard Dae Sun Shipbuilding has won contracts from Ace Tankers for four firm 33,000 dwt stainless steel chemical…
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DSME wins LPG orders
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has signed a KRW184.5bn ($166.5m) deal to build two LPG carriers for…
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