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Association Says Korean Shipyards to Stay Ahead with Offshore Facilities
Shipyards of South Korea, are set to make efforts to develop offshore facilities in a bid to stay ahead of the field despite hot pursuit from rivals in Japan and China, an industry association said.
Seaspan Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its 20th vessel, the Santos Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co. Ltd., was…
Euronav Records Good 3Q Results
The executive committee of Euronav NV reported its provisional financial results for the three months ended 30th September 2006. The company had net income of $53.8m…
Samsung Records LNG Order
Qatar Gas transport Company (Nakilat) has placed order for another Q-Max LNG carrier, the largest liquefied natural gas tanker in operation, according to a report on www.gulf-times.com.
MMHE Now Has LNG Drydocking And Refurbishment Capability
Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), a wholly-owned subsidiary of MISC Bhd, has successfully completed a post gas trial inspection and final docking…
S. Korea's Shipbuilding Orders Hit High
Combined orders received by South Korea's shipbuilders reached a record $12.4b in the third quarter of the year, reports said. The tally represents a 106.4 percent gain as measured in dollars…
First RasGas LNG Delivery Arrives in Mexico
Ras Laffan Liquefied Natural Gas Company Limited (RasGas) made its first delivery of liquefied natural gas (LNG) from the shores of Qatar to Mexico on October 8.
Daewoo Raises Order Goal
According to Bloomberg, Daewoo Shipbuilding & Marine Engineering Co., the world's second-largest shipyard, raised its target for new orders this year to a record…
Qatar Gas Transport to Add to Fleet
According to Forbes, Qatar Gas Transport Co said it will lease 10 South Korean-built liquefied natural gas (LNG) carriers, bringing the size of its carrier fleet to 16.
Korean Shipyards Dominate
Korean shipyards dominate the global shipbuilding market in terms of backlog orders. According to the London-based market researcher Clarkson, Hyundai Heavy Industries…
Qatar Orders $3b of LNG Tankers
Qatar Gas Transport Co ordered $3b of natural LNG from South Korean companies including Hyundai Heavy Industries as the state prepares to triple exports of the fuel.
Qatar Gas Transport to lease 10 LNG carriers
Qatar Gas Transport Co said it will lease 10 South Korean-built liquefied natural gas (LNG) carriers, bringing the size of its carrier fleet to 16. The company said…
KDB to Unveil Daewoo Sale Plan in 2007
Reuters reported that Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering Co. Ltd. , will announce in early 2007 a plan to sell the world's No.
Euronav Buys Newbuilding Suezmaxes
Euronav NV has signed a contract to acquire the resale of two double-hull 159,000 dwt Suezmaxes under construction at Samsung Heavy Industries (Samsung), Koje Island…
Samsung Heavy Raises Order Target
According to Bloomberg, Samsung Heavy Industries Co., raised its target for new orders this year 56 percent as growing global trade and higher demand for oil products…
Korean Shipbuilders Place in Top 10 for June Orders
Korean shipbuilders occupied seven out of the top 10 positions in the world last month in terms of orders. Hyundai Heavy Industries was the world’s largest shipyard…
Seaspan Corp. Announces Delivery of New Vessel
Seaspan Corporation announced the delivery of its 17th contracted vessel, the Lahore Express. The 4250 TEU vessel, which was built by Samsung Heavy Industries Co.
SHI Delivers World’s Largerst Container Ship
The world’s largest container ship, Xin Los Angeles, has been delivered by Samsung Heavy Industries Co Ltd. (SHI) to Lloyd’s Register class. The ship is owned by…
Report: S. Korea lags China, Japan in Shipyards
According to reports, South Korea fell behind China and Japan in the number of shipyards ranking in the world's top 50 in terms of order backlogs as of the end of May…
Korean Shipbuilders Eye the Future
The Korea’s shipping industry, the world largest, is preparing itself for the future. The domestic shipping industry has been sweeping the first seven places across…
