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02-Sep-2010, Japanese steel makers discriminate against Japanese builders

After a painful negotiation process, Japanese steelmakers will charge Japanese shipbuilders about Yen 10,000 more than they will charge Korean shipbuilders. Plates for delivery to Japanese shipbuilder...



01-Sep-2010, Samsung keeps Flex LNG orders alive despite stalled stage payments

Samsung Heavy Industries has told Flex LNG that it won’t cancel four Flex LNG ship hulls even though the owner presently has an empty wallet. The shipbuilder had a contractual right to cancel the cont...



31-Aug-2010, Thoresen Thai says Vinashin orders are proceeding

Thoresen Thai Agencies said that Vinashin had cut steel on 25 August for the first hull of its three 53,000 dwt newbuilding set of orders. TTA chief executive Chandchutha Chandratat said contract deli...



31-Aug-2010, Wartsila to convert tanker to LNG operation for Tarbit Shipping

Wartsila has signed a turnkey contract with Tarbit Shipping of Sweden to convert a 25,000 dwt product tanker to LNG propulsion and to supply the ship with a Wartsila LNGPac system for the safe and con...



20-Aug-2010, New Times Shipbuilding introduces FRIENDSHIP framework

New Times Shipbuilding based in Jiangsu has signed an agreement with GL's maritime software developer Friendship Systems. FRIENDSHIP framework is a CAE software system for the simulation-driven design...



19-Aug-2010, Aker boosted by Marine-highway developments of the US

Aker Philadelphia Shipyard might be boosted with the selection by the US Department of Transportation of a coastal freight service that wants Aker to build five containerships to be part of a marine-h...



18-Aug-2010, Jinhai Heavy Industry starts construction of the first 320,000 dwt VLCC

On 18 August, Jinhai Heavy Industry started construction of J0025--the first 320,000 dwt VLCC for Norwegian owner. The ship is expected to be delivered in the end of January 1012. Jinhai has 10 320,00...



16-Aug-2010, New Times Shipbuilding introduces FRIENDSHIP framework

New Times Shipbuilding based in Jiangsu has signed an agreement with GL's maritime software developer Friendship Systems. FRIENDSHIP framework is a CAE software system for the simulation-driven design...



11-Aug-2010, "Bluesky delivery on hold"

Nobu Su-controlled Bluesky LNG is delaying the delivery of the first of its final two LNG newbuildings. A spokesman for the company, which is controlled by Su’s Today Makes Tomorrow (TMT), told TradeW...



11-Aug-2010, Western Shipyard completes gas-powered ferry in Kkaipeda

Lithuania-based Western Shipyard's subsidiary Western Shipbuilding Yard (WSY) has finished the construction of a gas-powered ferry "+1A1" class in Kalipeda. It is the 22nd ferry Western Shipyard has b...



10-Aug-2010, Pertamina places order for six oil tankers from local shipyards

State oil and gas firm PT Pertamina has placed orders for six tankers for about $102m to support its fuel distribution across the archipelago. Pertamina opened the tender three months ago and announc...



10-Aug-2010, Vietnam may spur privatisation of its shipbuilding industry

According to Nguyen Xuan Phuc, Chairman of the Gvernment Office which overseas implementation of state plans of Vietnam, the country is to speed up plans to privatise and break up state-owned companie...



09-Aug-2010, Austal to close its shipyards in Southern Tasmania soon

West Australian based shipbuilding Austal is closing its shipyards in Southern Tasmania this month as it delivers the catamarans for Trinidad and Tobago--the last ships the Margate yard has built. Thr...



08-Aug-2010, Brovigtank gets price reduction on four newbuilds

According to the Brovigtank AS annual report for 2009, the price on the 4,300-dwt chemical tankers at Chinese state-owned Chuang Dong Shipyard has been reduced. The document suggests the reason for th...



06-Aug-2010, Keppel O&M buys OSV yard TWB

Keppel Offshore & Marine has bought a 7.6 hectare TWB shipyard in Navigantes that it will rename as Keppel Singmarine Brasil. It has a slipway, pipe and hull shops and an outfitting quay. The facility...



05-Aug-2010, Hudong Zhonghua delivers 19 ships in 1H

In the first half of 2010, Hudong Zhonghua Shipyard delivered 19 ships totalling 1.4485m dwt, meeting 54.6% and 61.7% of the annual target respectively. The production value is RMB6.503bn, 52% of the ...



04-Aug-2010, EXIM Thailand to extend 18 Bn Baht in Merchant Marine Loan in 3 Years

Following up on government policy, EXIM Thailand will accelerate its lending to Thai maritime businesses by setting a merchant marine loan target of 18 bn baht ($573m) to be provided directly by the B...



03-Aug-2010, CSC Heavy Industries delivers 30 ships in 1H

In the first half of 2010, CSC Heavy Industries delivered 30 ships totalling 1.321m dwt and exported $863m with 72.9% YoY growth. Over the period, the company received orders for 35 ships totalling 1....



31-Jul-2010, Taizhou Sanfu wins ISO 9001 certification

On 30 July, Taizhou Sanfu Ship Engineering Co Ltd successfully passed the examination by CCS for ISO 9001 quality system. ...



30-Jul-2010, Nordic American Tanker threatens to reject Fred Olsen resale

Nordic American Tanker said that the delivery of its newbuilding suezmax - the first of two scheduled for this year - continues to be delayed. A quarterly reported said that “The Company has mentioned...



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