Nam Cheong Limited (Nam Cheong), a leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, has sold five vessels worth a total of US$110 million. One 12,000 bhp Anchor Handling Towing Supply (AHTS) vessel was sold to a new customer, an emerging offshore marine services company based in Indonesia that owns [...]
Wilh Wilhelmsen ASA and Hyundai Heavy Industries (HHI) have today signed an agreement to build two Post Panamax vessels. When delivered in 2014 and 2015, the vessels will commence service for Wallenius Wilhelmsen Logistics. “Although the car carrying market at the moment might be somewhat weaker than we would like, we believe that the long [...]
May 9, 2013 | Posted in
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In addition to the announcement covering three newbuilding units made by Ultrabulk on March 19th, Ultrabulk now confirms having added five further units to its long term fleet. The new units are one additional 61,000tdw Supramax bulker to be built at a Japanese yard and scheduled for delivery 2016, joined by another 81,000tdw Kamsarmax bulker [...]
May 8, 2013 | Posted in
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Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd. (BSIC) has secured an order to build four 250,000 dwt very large ore carriers (VLOCs) for Chinese state-owned Shandong Shipping Corporation. As Sinoshipnews reports citing Zhao Xianfu, Vice General Manager of Shandong Shipping: “The four VLOCs we just ordered will be used to transport BHP’s iron ore and they [...]
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 [...]
May 3, 2013 | Posted in
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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 [...]
May 3, 2013 | Posted in
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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 [...]
April 29, 2013 | Posted in
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Petrobras has signed contracts for 23 support vessels, as part of the Fleet Renewal Plan for Offshore Support Vessels. The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements and will be built in Brazil. This was the 4th Round of the Fleet Renewal Plan. In July this year, Petrobras will go [...]
DSME’s affiliate Daewoo-Mangalia Heavy Industries (DMHI) from Romania has won a contract to build four LR2 product carriers for Greek-based Eastern Mediterranean Maritime. As TradeWinds reports, Thanassis Martinos of Eastern Mediterranean Maritime confirmed the deal for the four vessels with delivery set for the first half of 2015. Daewoo-Mangalia Heavy Industries, a joint venture between the [...]
April 19, 2013 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited today announced that subsidiaries of the Company ’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57.000 DWT, named OCEAN LOVE, to its European buyer. The bulk carrier measures 189.99 meters [...]
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