October 23, 2020
Safe Bulkers has proceeded with the acquisition of a kamsarmax bulk carrier (82,000 dwt) being built in Japan. The vessel is set to be delivered...
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Shipbuilding
October 20, 2020
Newbuilding orders for container ships could remain stagnant despite freight rates surging to record high levels this year as shipping firms pursue a strategy of...
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October 14, 2020
Daewoo Shipbuilding & Marine Engineering (DSME) has been awarded an order to build six liquefied natural gas (LNG) carriers valued at US$1.8 billion. (more…)
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October 12, 2020
South Korean shipbuilders grappling with dwindling orders may see a flurry of new ship orders from shipowners later this year thanks to the strengthening Korean...
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October 7, 2020
Korean shipbuilders beat their Chinese rivals in order intake in September, remaining at the top spot for the third consecutive month. (more…)
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October 2, 2020
Despite the covid pandemic and its devastating effects on world trade, sentiment and on shipping the Vafias Group announces delivery of its 29th and 30th...
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October 1, 2020
Hyundai Heavy Industries has won orders for four 300,000 dwt VLCCs from two owners worth a total of USD 360 million. (more…)
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September 28, 2020
Expectations are growing that Samsung Heavy Industries will receive large-scale LNG carrier orders from Mozambique and Russia. (more…)
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September 25, 2020
The world’s biggest shipbuilder Hyundai Heavy Industries Holdings Co Ltd 267250.KS is discussing concessions with EU antitrust regulators to allay concerns over its $1.8 billion...
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September 23, 2020
The planned merger between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) within 2020 has become uncertain due to delayed reviews at home...
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September 16, 2020
Korean shipbuilders are suffering a severe order drought. Even orders for very large crude carriers (VLCCs), which are a major cash cow for them, have...
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September 15, 2020
Shipbuilders in Korea, China, and Japan are having fierce competition in order to take a bigger share of the global LNG-powered vessel market. As the...
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September 14, 2020
Recently, competition is heating up among domestic shipbuilders to develop eco-friendly and fuel-saving smart vessels. (more…)
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September 10, 2020
South Korean shipbuilders topped the global order book for the second month in a row in August, as demand for liquefied natural gas (LNG) carriers...
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September 8, 2020
SMART LNG, a joint venture of SCF Group and NOVATEK, has signed contracts with VEB.RF Group and Zvezda Shipbuilding Complex to construct and lease ten...
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