German Shipowner to Convert Containership to LNG （2015-10-23）
German shipowner Wessels Reederei says it has been given funds to convert one of its feeder containerships to liquified natural gas, marking the first of what could be many conversions in the company’... |
Wisdom Marine orders Handysize bulkers at Namura （2015-09-30）
Taiwanese bulker owner Wisdom Marine has ordered two 34,000 dwt bulk carriers at Japan’s Namura Shipbuilding. It announced in a Taiwan Stock Exchange filing that the two newbuildings would cost no mor... |
Cobelfret buys two ro-ros （2015-09-27）
Belgian shipowner Cobelfret has contracted two large ro-ro cargo ships from Hyundai Mipo of South Korea. The 8,000 lane metre ships, which will be among the largest such vessels in the world, are book... |
Maersk Tanks orders nine MR tankers （2015-09-18）
Maersk Tankers, the product tanker unit in the AP Moller-Maersk group of Denmark, says it has ordered nine medium-range (MR) vessels from the Samsung Heavy Industries Ningbo shipyard in China. “The or... |
Bharati shipyard revival plan unveiled （2015-09-04）
Edelweiss Asset Reconstruction Company (ARC) has revealed its priorities for reviving India’s Bharati Shipyard, which is looking to complete 21 orders over the next 18 months. Edelweiss ARC has taken ... |
Mipo wins triple vessel order （2015-09-04）
South Korea’s Hyundai Mipo shipyard has been contracted to build three gas carriers by a returning customer. Piraeus-based Eletson Corp has returned to Hyundai for two LPG carriers and an LEG carrier,... |
DSME wins VLCC quartet （2015-09-04）
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won a new order for four VLCCs from a South Korean shipowner. The 300,000 dwt ships have been ordered by Sinokor Merchant M... |
KSS Line seals 7-year charter with Gyxis （2015-09-04）
KSS Line has secured a seven-year charter contract with Japanese LPG trading outfit Gyxis Corporation. The KRW165 billion (USD138.63 million) contract starts in July 2017, the South Korean LPG and che... |
Arbitration dismisses claim against COSCO Corp （2015-09-04）
COSCO Corporation has been cleared from making additional payments to Dalian Deepwater Developer over a cancelled drillship order, says the shipbuilder. On 4 September, COSCO Corporation said a London... |
Kawasaki wins Supramax order （2015-07-30）
Japanese shipbuilder Kawasaki Heavy Industries has won an order for a Supramax bulker from returning Taiwanese shipowner Wisdom Marine. The 55,000 dwt newbuild will have an overall length of 189.9 m, ... |
Scorpio continues buying spree （2015-07-30）
NYSE-listed Scorpio Tankers has finalised more newbuildings orders as it reports second-quarter results that exceeded analysts' forecasts. From Hyundai Mipo, the Emmanuele Lauro-led company has ordere... |
Sembcorp Marine's Q2 profit slips 17% （2015-07-30）
Sembcorp Marine's second-quarter net profit sagged 17% year on year to SGD109 million (USD80 million) as revenues sank at its rig-building unit. The rig-building unit’s turnover dropped to SGD622.6 mi... |
South Korea's 'Big 3' shipbuilders see red in Q2 （2015-07-30）
Hyundai Heavy Industries (HHI), Samsung HI (SHI), and Daewoo Shipbuilding & Marine Engineering (DSME) have all posted second-quarter losses. Known as Korea's 'Big three' shipbuilders, the trio reveale... |
Boa Offshore terminates two shipbuilding contracts （2015-07-30）
Boa Offshore group subsidiary Boa PSV AS has cancelled shipbuilding contracts for two multipurpose PSVs with Nantong Mingde Heavy Industry. The Norwegian company has scrapped the orders after going to... |
Hyundai HI seeks to freeze wages as tough market b （2015-07-30）
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, has asked its labour union to accept a wage freeze this year, in anticipation of lower revenue amid tough market conditions. The propos... |
'K' Line-Chandris JV fixes out two LNG carriers to （2015-07-30）
A LNG shipping joint venture (JV) between Japan’s ‘K’ Line and Greece’s Chandris (Hellas) has fixed out two LNG carriers to BP. The two ships, which are under construction at Daewoo Shipbuilding & Mar... |
KDB must be responsible for DSME's situation （2015-07-30）
A member of South Korea's Parliament has called on state-owned policy bank Korea Development Bank (KDB) to take responsibility for Daewoo Shipbuilding & Marine Engineering's (DSME's) predicament. DSME... |
GSI ink CSDC tanker quartet （2015-07-06）
China’s Guangzhou Shipyard International has been contracted by compatriot ship owners to construct four LR2 tankers. Ordered by Shanghai based China Shipping Development company (CSDC), the 114,000 d... |
Havyard wins subsea vessel order （2015-07-06）
Norwegian Havyard Group has signed contracts for the design and construction of a subsea vessel. The shipbuilders latest design, a Havyard 858 L WE is building for an International shipowner with deli... |
TUI Cruises orders two more ships at Meyer Turku （2015-07-06）
TUI Cruises, which is a joint venture between the German tour operating company TUI and Royal Caribbean Cruises, Ltd (RCCL), which is the world's second largest cruise shipping company, says it has or... |