SeaMar Signs Shipbuilding Contract with De Hoop

  SeaMar Subsea BV has entered into a contract with Shipyard De Hoop for the construction of a Multipurpose Offshore Support Vessel. Custom designed to stringent environmental control, the diesel electric powered 65 metre vessel will be constructed for low fuel consumption, clean ship / green passport / SPS2008 and high comfort class notation, making it the first offshore vessel to be built in the Netherlands to this specification.The DP2 class vessel provides ergonomically designed acco...

2013 - Where will shipbuilding go?

  Some insiders say the color for shipbuilding industry in 2012 is “black”, however, it’s also a year of condensation for the market. And then will the market counterattack in the new year? If current global shipbuilding market structure see any change? The analysts and media in different countries may give us the answer. China: the shipping market in 2013 is expected to get better than 2012 with global new orders rising to 60,0m-70.0m dwt. It is estimated that about 55.0m dwt new vesse...

NB Prices to Rise Soon?

Clarkson’s newbuilding price index has remained static during the last half of a year and its upturn might come in the very near future. As Clarkson’s latest report says that there has been increasing inquiries for newbuildings but it may take some time to see if newbuilding prices will immediately starts to go upward. Recently, China’s Shanghai Waigaoqiao Shipbuilding and Japan’s Japan Marine United, etc., have won orders for capesize and kamsarmax bulkers and Hyundai Samho Heavy Industries...

UK Budget brings good news for shipping sector

  International accountant and shipping adviser Moore Stephens says the UK Budget 2013 contains generally good news for the shipping sector. Measures which will have an impact on the shipping industry include a reduction in the main rate of UK corporation tax from 23% for the year ended 31 March 2014 to 21% from April 2014. A further reduction to 20% from April 2015 has now been announced. There was also good news for shipping on the capital gains front. Last year the government announc...