STX Shipbuilding Co., said on Jan. 29 that it has won a deal valued at $215 million to build two bulk carriers. The deal from a European shipping company calls on STX Shipbuilding to deliver the vessels by June 2010, the company said in a regulatory filing. The shipbuilder won deals valued at more than $10 billion last year to build 170 vessels including bulk carriers. In 2006, STX Shipbuilding clinched shipbuilding orders valued at $4 billion.
Giuseppe Bottiglieri purchased two more newbuildings at Chinese shipyard Jiangsu Yangzijiang. The President of Giuseppe Bottiglieri di Navigazione SpA shipowning company said that the two bulkcarriers are sister vessels of the six Post Panamax (92.500 dwt) ordered last January. According to the company, in an effort to build the company’s modern fleet of bulk carriers, this $100m investment in the dry cargo sector comes after an order that was placed in January.
Daewoo Shipbuilding and Marine Engineering Co., said it won shipbuilding orders worth a total of $520m from . Daewoo said in a filing to the Korea Exchange the orders were for two very large crude oil carriers (VLCCs) and two bulk carriers. Source: Reuters
South Korean shipbuilder STX Shipbuilding won a $211.8m order to build two bulk carriers for an undisclosed European firm. The vessels will be delivered by mid-2010.
Cosco Corp has won $256.2m worth of shipbuilding and conversion contracts, reports said. The company will build two bulk carriers for a German customer to be delivered in 2010 and 2011. The 9 conversion contracts it won are slated for completion by the fourth quarter 2009.
COSCO Corporation (Singapore) announce that subsidiaries of the Company’s 51% owned COSCO Shipyard Group have delivered three more bulk carriers to Asian owners 1. COSCO (Guangdong) Shipyard Co., Ltd has delivered two bulk carriers of 57000 DWT, “Wuxing 5” and “APJ SHIRIN”, respectively to its Asian buyers. 2. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 DWT, “OCEAN SAPPHIRE”, to its Asian buyer.
Christening of the “Caroline Oetker” and the “Ida Oetker” in Shanghai On Saturday, 19 May 2012, A.O. Schiffahrt celebrated the christening of the Kamsarmax bulk carrier Caroline Oetker at the yard of Taizhou Catic Shipbuilding, near Shanghai. The sister vessel Ida Oetker was due to be christened at the same location on 26 June. Both newbuildings have a capacity of 82,000 dwt, and measure 229 x 32 m.
Unique System FZE, a Unique Maritime Group company and an integrated turnkey subsea and offshore solution providers, was contracted by ADNATCO-NGSCO to deliver ship performance monitoring solutions that will help to optimize vessel performance and subsequently aim to reduce fuel consumption and carbon emissions. The entire project will be carried out by Unique System FZE, acting as agents for the Iceland based energy management company Marorka ehf
COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers. The two bulk carriers are scheduled for delivery in the fourth quarter of 2014. About COSCO COSCO Corporation (COSCO) offers advanced capabilities in ship building, ship repair and conversion, offshore marine engineering supported by seven major shipyards strategically located along China's coastline
The second of Canada Steamship Lines' (CSL) two newbuild Trillium Class Great Lakes bulk carriers, CSL St-Laurent, was delivered on November 26, 2014 and set sail on her maiden voyage on December 13. She departed at 20:00 CST from Yangfan shipyard on Zhoushan Island, China, en route to Canada where she is set to operate throughout the Great Lakes and St. Lawrence River. The vessel is commanded by Captain Kevin Crouse and Chief Engineer Paul Beaudet
Diana Shipping , through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki. The global shipping company specializing in the ownership of dry bulk
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels, the m/v Houston
The winter repair season is in full swing at Fincantieri Bay Shipbuilding (FBS) in Sturgeon Bay, Wis., where 16 vessels of various sizes from the Great Lakes bulk carrier fleet are in for winter repair, including five 1,000-foot bulk carriers
U.S.-flag Great Lakes freighters (lakers) moved 2.1 million tons of dry-bulk cargo in January, a decrease of 125,000 tons compared to a year ago, according to the Lake Carriers’ Association (LCA). This January’s float was down nearly a quarter from the month’s
New regulations on limiting sulphur and nitrogen oxides emissions and a burgeoning global infrastructure are adding to the growing momentum for the more widespread adoption of LNG as a marine fuel. “Green Corridor”, a new joint industry project (JIP) signed recently in Singapore
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva.
Lubeck headquartered dry bulk shipping company Oldendorff Carriers said it plans to open an office in the maritime cluster in Hellerup, Denmark by June 2017. The new office just north of Copenhagen will be headed by Oldendorff Executive & Board Director Jens Jacobsen
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels
Pakistan's first dry bulk terminal will open next month and is expected to handle 3 million tonnes a year of coal imports, rising to 20 million tonnes over the next five years, the port's chief executive said on Thursday. The $285 million Port Muhammad Bin Qasim
Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Caravel Shipping Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Dione, for a period of minimum nine (9) months to about twelve (12) months
Star Bulk Carriers Corp. announced the closing of its previously announced private placement of 6,310,272 common shares, at a price of $8.154 per share. The aggregate proceeds to Star Bulk, net of underwriting fees and offering expenses, were approximately $50.6 million
In recent decades, trade between the Australia and China have made an increasingly significant contribution to growth in global seaborne trade, and the signing of the China-Australia Free Trade Agreement in 2015 is driving further co-operation, says a report by Clarkson Research Services.
The Panamax bulker trade is mainly a grains trade, especially soybeans, and is very volatile. And while it has previously been dominated by vessels moving cargos from Brazil to China, this route has been on a downtrend from a peak during the last quarter 2015, according to VesselsValue
Korea Development Bank, the main creditor of the dissolved Hanjin Shipping Co. and state-owned entity, has put 10 Hanjin vessels up for sale in order to source back elements of its extended loans, reports Yonhap. According to the sources
With contraction in vessel supply and healthy demand growth, the dry bulk shipping market is expected to recover from 2017 onwards, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry.