Orders Two

Bocimar: Sells 3; Orders 4

In addition, Bocimar has ordered two 176,000 dwt Capesize newbuildings from Jinhaiwan (China). The purchase price amounts to $88.5m per vessel and the delivery is scheduled to take place in April 2009 and July 2010. Finally Bocimar, in joint venture with Wah Kwong (Hong Kong), has ordered two Postpanamax 93,000 dwt newbuildings from Shanhaiguan (China). The newbuilding price amounts to $52.8m per vessel. The vessels will be delivered in December 2010 and February 2011.    

Hanjin Wins $294M In Orders

Hanjin Heavy Industries won orders totaling $294 million to build 10 ships for a Dutch firm, a German firm and one other European company. Hanjin Heavy said in a statement that Dutch firm Vroon B.V. ordered two 1,600 teu containerships and two 30,000 dwt chemical ships, worth a total of $96 million. It said Germany's Rickmers Reederei GmbH & Cie KG had ordered four 1,200-teu containerships worth $78 million and one other European company had ordered two 5

PDVSA to Order Tankers

Venezuela’s PDVSA confirmed plans to order two oil tankers from an Argentine shipyard. Reportedly union leader Vicente Ignomirielo, a delegate of Buenos Aires-based Río Santiago shipyard (ARS) made the announcement Tuesday, following a meeting with the president of PDVSA's shipyard in Venezuela Dianca. (Source: AFP)

Frontline Orders Suezmax Tankers

Frontline ordered two new Suezmax tankers from China's Jiangsu Rongsheng Heavy Industries Group Co. Ltd. for an undisclosed sum, China Daily reported. The vessels will be delivered in November 2008 and February 2009. Frontline also secured options for a further four similar Suezmax tankers. The new vessels were priced more than $15m lower than the indicated price level for 2006 delivered tonnage. (Source: China Daily)

Germany Gets Cableship Orders

A.P. Moeller ordered two additional cable-laying vessels from its wholly-owned Volkswerft shipyard in Stralsund, eastern Germany. The ship's deliveries are set at end-2000 to early-2001.

Petrobras Invests Heavily in Ships

Petrobras, which has a $112 billion investment plan through 2012, is expanding and refurbishing its fleet. It has already contracted the construction of 23 tankers, and more orders are in the pipeline. Petrobras is also planning to order two Very Large Crude Carrier (VLCC) supertankers, but did not give a timetable for the transaction. The plan to build new ships – and potentially some new drilling rigs – in Brazil is designed to revitalize the local ship-building industry and

P&O Plans To Tackle German Cruise Market

British shipping group P&O plans to start taking Germans on cruise holidays, citing that market as underdeveloped and with huge growth potential. The company is investing an initial $80.6 million and taking a 51 percent stake in a joint venture cruise company to be formed with privately owned German group Arkona Touristik. The new company, Aida Cruises, will order two new ships to complement the 1,200 berth Aida. P&O has an option to take full control of the venture once the ships are

Shell Orders Two LNG Tankers

The gas and power division of Royal Dutch/Shell ordered two additional liquefied natural gas (LNG) carriers to support its growing global LNG business. Shell International Gas Limited ordered a membrane-type carrier from South Korea's Daewoo Shipbuilding & Marine Engineering and a moss spherical tank carrier from Japan's Mitsubishi Heavy Industries. Shell did not disclose the price for the orders, but industry sources said the market level for a typical LNG carrier was around $175 million.

Kvaerner's Warnow Yard Lands $70.1 Million Contract

Anglo-Norwegian engineering group Kvaerner ASA said on Friday that its German shipyard Warnow had won a contract worth 640 million crowns ($70.1 million) to build two container ships for Oskar Wehr. Kvaerner said in a statement that Oskar Wehr, based in Hamburg, had also ordered two similar ships from the yard in August. The two extra vessels, of the Warnov CV 2500 design, would be delivered in the first and second quarters of 2002.

Samskip to Start Second Iceland Service

Samskip will very soon start a second service between Rotterdam and Iceland. It already chartered a 364 TEU vessel for the new service. The two 703 TEU vessels of the present can not meet the demand for transport capacity. In July Samskip already ordered two new vessels of 908 TEU.