Asia

Seoul: Hanjin Heavy Industries & Construction has secured a $300m contract for the construction of five 3,400 teu container vessels for Danaos Corporation. The vessels, due for delivery beginning November…
Shanghai: According to broker Clarkson Asia, China Shipping Group have contracted a series of twelve 57,000 dwt bulkers at CIC Shipyard - which is the former Jiangdu facility bought by…
Singapore:  Yantai Raffles Shipyard Limited (YRS) has announced it has received a contract from Saipem, for the design and construction of an Iced Strengthened Pipe Lay Vessel of DP3 class.…
Hong Kong: Hutchison Port Holdings has declared a 12% increase in profit at its ports due to a strong rise in cargo volumes, Bloomberg reports. The subsidiary of the Hutchison…
Hong Kong: Canada's Seaspan Corporation has signed contracts to build two 2,500 teu vessels at Jiangsu Yangzijiang Shipbuilding in China. The vessels will go on charter to Japan's Kawasaki Kisen…
Seoul: Lloyd's Register has certified the Korean Association of Coating Engineers (KACE) as the first institution qualified to train marine professionals to meet the requirements of the new Performance Standard…
Seoul:  South Korea's STX Shipbuilding will enter the VLCC construction field, according to local media, with a first order likely by June this year. This follows on from this week's…
Seoul: Singapore-listed STX Pan Ocean has commissioned STX (Dalian) Shipbuilding Co to build four new PCTCs, each with a capacity to carry approximately 6,700 units of vehicles, at mid-US$70 million…
Shanghai: Lifeboat and davit manufacturer Schat-Harding has established a new after sales and service headquarters in Shanghai. The new service base will provide annual and five yearly SOLAS inspections and…
Seoul: Business forecasts for 2007 released by some of Korea's major yard groups reveal that they expect to see order volumes stay at around the same record levels as last…
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