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India: Local shipbuilders told to pick 13% stake in GAIL LNG carriers

Local shipbuilders, including state-run Cochin Shipyard Ltd, L&T Shipbuilding Ltd, a unit of Larsen and Toubro Ltd (L&T), and Pipavav Defence and Offshore Engineering Ltd, have been asked to take equity stakes in each of the three new carriers they are hoping to build for use by GAIL (India) Ltd to ship liquefied natural gas […]

By |July 4th, 2015|Latest News, Local News, Ship Building, Shipping News|0 Comments

NLNG Eyes $1.5 bln Debut Shipyard in Nigeria

Nigeria Liquefied Natural Gas Company (NLNG) is sponsoring the construction of the first major ship yard in Africa’s biggest economy at the cost of $1.5 billion, in its attempt to turn the country into a hub for maritime operations on the continent.

Nigeria is the world’s eighth biggest crude producer and Africa’s top oil exporter but […]

By |June 22nd, 2015|Latest News, Ship Building|0 Comments

Nigeria: Stakeholders Call for Establishment of Mega Dockyard

Shipping industry stakeholders have emphasised the urgent need for the establishment of a mega dockyard that will cater for Nigeria and other West African sub-region in a growing shipping trade.

Noting that Nigeria as a major oil and maritime nation has remained a big market for bigger ocean going vessels, the industry experts said such shipyard […]

By |June 15th, 2015|Latest News, Ship Building|0 Comments

The Shipping Tribune Launches Mobile App

The Shipping Tribune is pleased to announce that Mobile App for Android users has been launched. The Shipping Tribune app for Android delivers the latest global Shipping & maritime news to keep you ahead of the curve. Access the most credible source for shipping news and information on the move with the Shipping Tribune App.

The […]

Global containership orders up 60pc in first half of 2015

WORLDWIDE orders of containership capacity have increased 60 per cent year on year to 1.04 million TEU in the first half of 2015, reports Alphaliner.

Latest contracts are mostly for 18,000-TEU ships and above, with orders for 39 vessels of 18,000-21,000-TEU in the first six months of the year.

The last contract recorded by Alphaliner was Maersk’s […]

By |June 11th, 2015|Latest News, Ship Building|0 Comments

Ship-breaking—the looming signal

Concerns voiced over safety and environmental hazards associated with ship-breaking in Bangladesh are not new. The latest that has come is perhaps more strong-worded than ever. It has come from the Norwegian Ship Owners’ Association (NSA). At a recent convention held in Singapore, NSA advised its members not to allow recycling of their ships in […]

By |June 8th, 2015|Latest News, Ship Building, Ship Recycling|0 Comments

The Shipping Tribune Launches Mobile App

The Shipping Tribune is pleased to announce that Mobile App for Android users has been launched. The Shipping Tribune app for Android delivers the latest global Shipping & maritime news to keep you ahead of the curve. Access the most credible source for shipping news and information on the move with the Shipping Tribune App.

The […]

S. Korea keeps top spot in new shipbuilding orders in May

South Korean shipbuilders, led by industry leader Hyundai Heavy Industries Co., clinched the largest amount of new orders in May, retaining the top spot for the fourth consecutive month, data showed Wednesday.

According to the data compiled by global researcher Clarkson Research Services, South Korean shipyards bagged new orders totaling 820,000 compensated gross tons (CGTs) last […]

By |June 4th, 2015|Latest News, Ship Building|0 Comments

Gibdock opens prefabrication facility

Gibdock has officially opened its new ‘Pad 1’, a specialised area for land-based fabrication projects, to a busy workload. The 2,940m2 purpose-built pad offers an area of prime 12 tonnes per m2 load-bearing workspace to support the growing range of large and complex projects that are being attracted to the yard.

“Pad 1 is a versatile […]

By |June 2nd, 2015|Latest News, Ship Building|0 Comments

Bahri signed an agreement to build 5 very large crude carriers with Hyundai Samho Heavy Industries Co. Ltd.

The National Shipping Company of Saudi Arabia (Bahri) signed with Hyundai Samho Heavy Industries (HSHI), an agreement to build 5 very large crude carriers (“VLCCs”) plus 5 more optional VLCCs. The signing ceremony was attended by Eng. Ibrahim Abdulrahman Al-Omar, Bahri’s Chief Executive Officer and Mr. S. H. Ka, Hyundai’s Member of the Board & […]

By |May 25th, 2015|Latest News, Ship Building|0 Comments