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Hyundai Heavy to Build World’s Largest Boxships for CSCL

Hyundai Heavy to Build World’s Largest Boxships for CSCL

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced that the company has won a USD 700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co., Ltd. The world’s largest containerships will feature an electronically-controlled main engine and two EcoBallast seawater treatment system. The electronically-controlled main engine will [...]

Hyundai Mipo Snags Bulker Trio

Hyundai Mipo Snags Bulker Trio

South Korea-based Hyundai Mipo Dockyard Co (HMD), one of HHI’s subsidiaries, has won a contract to build three bulk carriers for an unnamed European owner. The contract, announced yesterday on the Korea Exchange, is estimated to be worth around $101 million. The announcement did not disclose particulars of the ships or equipment to be used [...]

SEACOR Orders Two VLGCs from Hyundai Heavy

SEACOR Orders Two VLGCs from Hyundai Heavy

SEACOR Holdings Inc. (SEACOR) has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to purchase up to three additional VLGCs [...]

Ingalls Shipbuilding Nabs $487Mln Deal from USCG

Ingalls Shipbuilding Nabs $487Mln Deal from USCG

Huntington Ingalls Industries (HII) announced on May 1 that the U.S. Coast Guard has awarded a $487 million, fixed-price-incentive-fee contract to its Ingalls Shipbuilding division to build the sixth National Security Cutter, Munro (WMSL 755). “Our Coast Guard customer continues to be extremely pleased with the performance of the NSC, and this contract proves that,” [...]

Afai Southern Pens Four Fast Rescue Vessels

Afai Southern Pens Four Fast Rescue Vessels

Afai Southern and Rescue & Salvage Bureau of Ministry of Transport signed, on April 25th, the design and construction contracts for four coastal fast rescue vessels. Afai has already delivered three coastal fast rescue vessels in 2006, at present the shipyard is building three more vessels. These vessels are full aluminum wave-piercing catamarans, with the [...]

Hudong-Zhonghua Bags Order for Six Gas Carriers

Hudong-Zhonghua Bags Order for Six Gas Carriers

China Shipbuilding Group Corporation’s (CSSC) subsidiary Hudong-Zhonghua Shipbuilding (Group) Co., Ltd has won a $1.51bn shipbuilding order to build six 174,000 cum gas carriers. The order comes from a joint venture of Sinopec, China Shipping Development and Japan’s Mitsui OSK Lines. According to Sinoshipnews, 80% of the financing is ensured from loans that will be [...]

Wisdom Marine Expands Fleet with Nine Bulkers

Wisdom Marine Expands Fleet with Nine Bulkers

Sluggish newbuilding market has proven a great time to invest for the long-term, especially for Wisdom Marine Group, one of the largest bulk ship owners in Taiwan, that decided to add nine new dry bulk carriers to its expanding fleet. Three Japanese shipyards, those being Sasebo Heavy Industries Co Ltd, Tsuneishi Shipbuilding Co Ltd and Oshima [...]

MHI Secures Order for Two Extra Ramform Vessels

MHI Secures Order for Two Extra Ramform Vessels

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration from Petroleum Geo-Services ASA (PGS), a leading company in marine seismic and reservoir data acquisition, processing and analysis/interpretation services in Norway. The contract was signed on April 25 in Tokyo. The [...]

China: Xiamen Shipbuilding Nabs Order for Ten PSVs

China: Xiamen Shipbuilding Nabs Order for Ten PSVs

Xiamen Shipbuilding Industry, a subsidiary of Fujian Shipbuilding Industry Group Corporation, has secured contracts for construction of ten platform supply vessels (PSVs) from two clients,  Nam Cheong and MK Marine, Eshiptrading writes. Accordingly, MK Marine has opted for four Xiamen design PSVs of 78M. This type of PSV encompasses 8m in length and 18.6m in [...]

Jiangsu Hantong Inks Deal for Three 38,800 DWT Bulkers

Jiangsu Hantong Inks Deal for Three 38,800 DWT Bulkers

On 19th of April 2013, Jiangsu Hantong signed a contract with Peter DÖhle regarding the order of 3+2 SDARI design 38, 800DWT bulk carriers. The vessels will be delivered from the second quarter of 2015. Vessels belonging to the 38,800DWT BC and 64,000DWT BC series will be the main vessel types of Hantong. Hantong persists [...]

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