Shipbuilding

HD KSOE runs surplus for four straight quarters

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) logged revenue of KRW 5.5156trn (about $4.0113bn) for the first quarter of 2024, up by 13.9% over the same period of 2023, as the sales of high value-added vessels like eco-frie..

News > Shipbuilding > 2024-04-26 09:34:38

Shrinking boxship orders forecasted

Shipyards containership order intakes are expected to decline this year, but show an turn again until 2027 as demands for eco-friendly ships soar. According to Maritime Strategies International (MSI), annual container ship orders for..

News > Shipbuilding > 2024-04-26 09:32:36

Hanwha Ocean's robust order intakes continue

Hanwha Ocean is likely to keep up 2.5-3 years of order cover for a while. After the conference in the first quarter of 2024, the Korean company announced, “We are currently discussing projects primarily focused on LNGC, VLAC, a..

News > Shipbuilding > 2024-04-26 09:30:16

Fujian Mawei secures 8 PCs

Singaporean shipping company Eastern Pacific Shipping (EPS) is continuing to strengthen its position in the sector by placing orders for MR tankers. According to industry sources and TradeWinds, the Idan Ofer-led, Singapore-based EPS..

News > Shipbuilding > 2024-04-26 09:28:10

New Jiangzhou wins chemical tanker octet

Danish shipowner MH Simonsen has awarded eight stainless steel chemical product tankers to New Jiangzhou Shipbuilding. According to industrial sources, each of the 6,800 dwt IMO type II octet will feature a methanol dual-fuel system ..

News > Shipbuilding > 2024-04-26 09:26:07

Hanwha Ocean turns to black in 1Q

Hanwha Ocean logged operating profit of KRW 52.9bn (approximately $386m) for the first quarter of 2024, achieving a turnaround. The South Korean shipbuilding heavyweight announced on April 24 that it posted revenue of KRW 2.284trn, o..

News > Shipbuilding > 2024-04-25 09:24:07

Amogy-Hanwha collaborate on ammonia vessel solution

Hanwha Ocean, a global leader in deployment of green technologies in the maritime sector, Amogy, a provider of scalable and efficient ammonia-to-power solutions, and Hanwha Aerospace, a provider of highly durable and efficient hydrogen ..

News > Shipbuilding > 2024-04-25 09:22:07

HD HHI joins hands with Philly Shipyard

HD Hyundai Heavy Industries (HD HHI) announced on April 24 that the South Korean shipbuilding tycoon entered into a memorandum of understanding (MOU) with Philly Shipyard for the construction and maintenance/repair/overhaul (MRO) of nav..

News > Shipbuilding > 2024-04-25 09:20:02

DH Shipbuilding names three 8,000 teu boxships

DH shipbuilding containershipssuccededin building three 8,000 teu containerships, whichare orderedfor the first time since thecompany'sestablishment, and holding naming ceremonies for themat the same time. ​ The new vessels are na..

News > Shipbuilding > 2024-04-25 09:18:55

BHP to order ammonia-fueled BCs

BHP, the Australian mining giant, plans to order ammonia-fueled bulkers. According to industry sources and foreign media, Maritime and Supply Chain Excellence’s vice president, Rashpal Singh said, “Eight firms have been s..

News > Shipbuilding > 2024-04-25 09:16:53