Low prices seem to be the main reason behind the trend of rising newbuilding orders for tankers.
News ID: 78788 Publish Date : 2018/04/13
With the shipping industry set for $114bn in capital expenditure for newbuilding s next year alone finding funding will be a major issue for the industry according to analyst Crucial Perspective.
News ID: 77830 Publish Date : 2017/12/23
Shipowners appear to be unfazed by the likelihood of low profits continuing into the next year, mainly driven by the continuing excess supply of tankers, as they have intensified their ordering in 2017.
News ID: 77810 Publish Date : 2017/12/21
Chinese shipbuilders have secured the majority of last week’s reported orders, bolstering further China’s status as a top shipbuilding nation.
News ID: 77696 Publish Date : 2017/12/16
Following its takeover of UASC German container line Hapag-Lloyd is putting newbuilding orders on hold for the next few years.
News ID: 77303 Publish Date : 2017/11/18
The Board of Directors of COSCO Shipping Energy Transportation (CSET) has approved an investment in 14 new tankers, the company said in a regulatory filing.
News ID: 77086 Publish Date : 2017/11/01
Chinese container carrier Cosco Shipping is thirsty for expansion and will raise CNY 12.9billion (USD 2billion) in new capital, according to Reuters report. The money will go to the construction of 20 new vessels.
News ID: 77066 Publish Date : 2017/10/31
Hopp Market Report took a look at the shipping industry during the last week.
News ID: 76054 Publish Date : 2017/09/03
South Korean shipping company Hyundai Merchant Marine (HMM) is moving forward with its plans to modernize fleet and has set sights on adding seven ships with options for five more.
News ID: 76034 Publish Date : 2017/09/03
Some major market indicators are better, but yards remain underemployed and newbuilding and second-hand prices have not yet hit bottom
News ID: 75449 Publish Date : 2017/08/07
2017, H1:
Global newbuilding orders have dwindled in the first half of this year to 245 units, dragged down by reduced interest for containers and zero order for offshore vessels, but new orders for bulkers and tankers have risen, according to data from VesselsValue.
News ID: 75213 Publish Date : 2017/07/26
China COSCO Shipping Corp has embarked on a major shopping spree, adding 14 ultra large containership newbuilds to its fleet.
News ID: 74641 Publish Date : 2017/06/25
New shipbuilding orders at China’s shipyards over the first four months have continued to shrink on the back of reduced orders by shipowners, according to the latest figures released by China Association of the National Shipbuilding Industry (Cansi).
News ID: 73980 Publish Date : 2017/05/17
South Korean shipyards emerged on top for new orders in April, Business Korea reported quoting industry data.
News ID: 73885 Publish Date : 2017/05/12
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has received orders to construct four crude carriers, the company said in a stock exchange filing.
News ID: 73740 Publish Date : 2017/05/03
Clarksons:
Shipyards have been struggling with reduced vessel ordering for years as global output dropped and capacity diminished shortening their forward cover.
News ID: 72980 Publish Date : 2017/03/13
Vessels Value:
Vessels Value published a monthly market review with the focus on value analysis, total second hand S&P activity, newbuilding activity, demolition activity and charter rate analysis.
News ID: 72261 Publish Date : 2017/02/12
Fearnleys Research Institute Published in its weekly report the performance of shipping industry in the last week with the focus on freight rates, newbuilding orders, sale and purchase transactions and demolition statistics.
News ID: 71776 Publish Date : 2017/01/22
Tanker owner and operator Frontline has secured a commitment for a senior secured term loan facility of up to USD 321.6 million in November to partially finance eight of its newbuilding s.
News ID: 70797 Publish Date : 2016/12/11
Infographic:
The infographic below, released by VesselsValue, shows the change in ship ordering, selling and scrapping activities in the first half of this year, when compared to the same period in 2015.
News ID: 68109 Publish Date : 2016/08/10