Repairing Co News

The 22nd edition of Posidonia 2010, an international shipping trade event, opens its doors next week on the back of renewed confidence in the state of Greek maritime affairs as outlined in a recent Union of Greek Shipowners (UGS) statement. According to UGS, Greece’s foreign exchange earnings from ocean going shipping services were substantial in 2009 amounting to $16.6b despite a slight decrease compared to the previous year. Continued new-building orders will ensure Greece maintains…

Odfjell's 49% owned joint venture company Odfjell Dong Zhan Shipping (Shanghai) Co. Ltd, has signed a contract for the building of a 8 200 dwt chemical tanker. The ship is a fully coated IMO II type carrier that will be built in China by Zhoushan Penglai Shipbuilding and Repairing Co. The construction of the ship has already started, and delivery is scheduled for late November 2008. Odfjell will be directly involved in the building process and inspection at the building site. The ship will join Bao Hai Tun (3 845 dwt/ built 2006)and service the domestic market in China.