Month: November 2008

Seaspan takes delivery of another feederSeaspan Corporation has accepted delivery of the 'CSCL Santiago', a 2,500 TEU newbuilding. The new containership, which was built by Jiangsu Yangzijiang Shipbuilding in China, expands Seaspan's…

Bangladesh claims it is set to be swamped with orders for small ocean-going ships in the coming years as major Asian shipbuilders are now fully booked and are either turning down orders…

Hyundai Mipo Dockyard has signed a $408 million order that revised up a 2007 contract to reflect changes to ship types. The South Korean shipbuilder had initially won a $373 million order…

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd, has secured a contract in a basket of currencies amounting to about S$200m, to design and build a…

John Swire & Sons affiliate China Navigation has confirmed it has ?postponed? its first newbuilds for ten years. The six 40,000 dwt multipurpose vessels costing a combined $360m were put on hold…

STX Shipbuilding has signed a deal worth 209 billion won ($151 million) to build an oil tanker for a European shipping company. The deal calls on STX Shipbuilding to deliver the VLCC…

Hanjin Heavy Industries has not yet made a final decision on whether to drop its $2billion shipyard project in the southern Philippines. According to a Hanjin spokesman, the project is suspended but…

Lower bunker prices are unlikely to reverse the current trend of slow steaming for container lines according to AXSMarine?s weekly analysis of the liner market. Bunker prices have seen a sharp decrease…

Cargotec?s MacGregor business area has strengthened its position and sales activity-potential in Greece by signing a co-operation agreement with Piraeus-based company Oceanking Technical & Trading Ltd. Oceanking will be the sole representative…