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Linde Group to Supply Reliquefaction Equipment for New Fleet of LNG Carriers
Cryostar has won an order from Samsung Heavy Industries totalling over $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants…
Chinese Shipbuilding Yard Enters World Top 5
A Chinese shipbuilding yard has entered the global top five in terms of order backlog. According to a report by London-based shipbuilding and marine transportation researcher Clarksons…
Daewoo Secures $1.66b in New Order
Daewoo Shipbuilding Marine and Engineering Co. said it has received a combined $1.66b in new orders this month to build 16 vessels. The vessels won together with its Romanian subsidiary…
Samsung Heavy wins $1.29b Order
Samsung Heavy Industries Co., won a $1.29b order to build eight container ships for a European company. The vessels will be delivered by 2011, the company said in a regulatory filing.
Korean Shipyards Hold Lead in Market
Yonhap reported that South Korean shipyards have unparalleled competitiveness despite recent challenges posed by Chinese shipyards, industry and government sources said.
S. Korean Shipyards Forecast to Win Most LNG Carrier Orders
South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships…
Hamworthy Wins Orders for 8 LNG Reliquefaction Systems
Hamworthy PLC said it won orders to supply 8 LNG reliquefaction systems worth over 20 mln stg and said the deliveries will be made during 2008. Hamworthy said Daewoo…
Orders at Korea's 3 Big Shipyards to Break $30B
Korea's three major shipbuilders are expected to draw in orders worth $30 billion this year, according to a report on http://english.chosun.com. Reports put orders…
Orders at Korean Shipbuilders to Break $30b
Korea's three major shipbuilders are expected to draw in orders worth $30b this year, Arirang News reported. Industry reports put orders for Hyundai Heavy Industries at $13b…
China's Shipbuilding Strives for Top Spot
According to reports, China strives to become the world's largest shipbuilder. Last year China maintained its position as the world's third-biggest shipbuilder,…
Korean Firms Win Qatar LNG Carrier Contracts
The Samsung Heavy Industries Co., has won a $1.14b deal to build four liquefied natural gas (LNG) carriers. The deal from Qatar Gas Transport Co. Ltd. calls for…
Neptune LNG Project Secures Deep Water Port License
MarAd has decided to issue a deepwater port license to SUEZ Energy North America's subsidiary, Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay.
Samsung Heavy Expects Fewer Ship Orders
Samsung Heavy Industries said that orders this year for its vessels and offshore platforms may fall as much as 21 percent as demand weakens from three consecutive years of records, Bloomberg reported.
$630m Drill Ship is Korea's Most Expensive Ship
The most expensive ship among the orders Korean shipbuilders have won this year is a $630m drill ship. Samsung Heavy Industries won a contract from Sweden in October to build the 97…
Samsung Heavy to Double Steel Purchases From China
Samsung Heavy Industries Co. The company will rely on China next year for 21 percent of the 5 mm to 20 mm thick slabs used to make vessel hulls, compared with nine percent in 2006.
Biggest Shipyards May Keep High Prices to Counter Costs
Bloomberg reported that Hyundai Heavy Industries Co. and other shipbuilding companies may succeed in keeping vessel prices at record highs for a third year as they…
Samsung Heavy to Double Steel Purchases From China
According to Bloomberg Samsung Heavy Industries Co. will more than double purchases of steel plate from China next year because it can't get enough from suppliers in South Korea and Japan.
Stena Atlantica to be Named in Dubai
The ice-classed oil tanker, Stena Atlantica, will be named in Dubai. The vessel has been built in compliance with Swedish/Finnish Ice Class notation 1 A, meaning…
S. Korea's Shipbuilders Exceed $30b
According to Korea Herald, South Korea's top three shipyards won stronger-than-expected shipbuilding orders worth over US$30 billion in the first 11 months of the year on strong contracts…
LNG Under Construction by Samsung Heavy Industries
Araldite LNG adhesives from Huntsman Advanced Materials are being employed by shipyards, including Samsung Heavy Industries in the construction of a new LNG ship.
