Search results for: Sungdong Shipbuilding and Marine Engineering

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  • 16 May 2012

      South Korean – based company Sungdong Shipbuilding and Marine Engineering has secured a contract for the construction of ten livestock carrier vessels. The future owner of the ships, the Malaysian company PBHH (Pembangunan Buka Jijau Holdings Sdn. Bhd) organized an impressive event with a signing ceremony that took place at the Royal Culan in […]

  • 12 November 2013

    Navig8 Product Tankers Inc. has signed shipbuilding contracts for the construction of four additional ECO LR2 tankers to be built at Sungdong Shipbuilding & Marine Engineering Co., Ltd. The four new ECO LR2 tankers have been ordered by use of existing newbuilding options with Sungdong and have identical specifications as the company’s firm vessels already […]

  • 1 October 2013

    Navig8 Product Tankers Inc. yesterday announced the execution of two further shipbuilding contracts with Sungdong Shipbuilding & Marine Engineering Co., South Korea. Under the deal, Sungdong will build two additional energy-efficient long-range-two (LR2) newbuild vessels scheduled for delivery in 2015. The company also announced the completion of the $30 million additional tranche (the “Additional Tranche”) of its […]

  • 4 June 2012

      On May 30th 2012, at Sungdong Shipyard in Korea, PetroVietnam Technical Services Corporation and PVN’s subsidiary – Bien Dong Petroleum Operating Company (BDPOC) – held the Keel-laying ceremony for the FSO PTSC Biendong 01. FSO PTSC Biendong 01 – with the capacity of 350,000 barrels – is the sixth FSO/FPSO that PTSC invested and […]

  • 12 March 2013

    Sungdong Shipbuilding & Marine Engineering organized, a few days ago, a naming ceremony for Costamare’s two new 8.800TEU containerships. The vessels, named ‘MSC ATHENS’ and ‘MSC ATHOS’, are the largest that Sungdong has built so far. Costamare in 2011 ordered five newbuild containerships from Sungdong Shipbuilding & Marine Engineering Co., Ltd. of Korea. All five […]

  • 5 September 2013

    Economical and environmentally-friendly electric-drive systems for MacGregor side-rolling hatch covers have been ordered for two new series of Greek bulkers being built by Sungdong, in South Korea MacGregor, part of Cargotec, has confirmed that five 180,000 dwt bulk carriers under construction in South Korea at Sungdong Shipbuilding and Marine Engineering, will feature MacGregor side-rolling hatch […]

  • 20 January 2014
    Business & Finance

    Sungdong Shipbuilding & Marine Engineering (SUNGDONG) has won a contract to build six 82,000 DWT bulk carriers. The contract signed with UK-based Reuben Brothers includes options for additional two vessels. The newbuilds will measure 229.0 metres in length, covering a breadth of 32.3 metres and a depth of 21 metres. The shipbuilder did not reveal any […]

  • 20 April 2018
    Business & Finance

    Sungdong Shipbuilding and Marine Engineering has been placed under court receivership,

  • 25 September 2013

    Sungdong Shipbuilding & Marine Engineering (SUNGDONG) has signed a contract to build six 50,000 dwt product carriers for an unnamed UK owner. The contract, estimated to be worth around $200 million, includes options for additional two vessels. According to the shipbuilder, vessels will measure 183 metres in length, with a breadth of 32.2 metres and […]

  • 25 April 2013

    Navios Maritime Acquisition Corporation (“Navios Acquisition”), an owner and operator of tanker vessels, announced that the Nave Atropos, a newbuilding LR1 product tanker vessel of 74,695 dwt, was delivered on April 24 from South Korean-based Sungdong Shipbuilding and Marine Engineering. Nave Atropos has been chartered out to a high quality counterparty for one year at […]

  • 16 February 2015
    Business & Finance

    Sungdong Shipbuilding & Marine Engineering has won an order to build up to five Suezmax tankers for an undisclosed European customer. Under the deal, Sungdong has received a firm order for three 158,000 DWT and two optional tankers, worth a total of USD 330 million, local media report. The vessels, featuring 277 meters in length, […]

  • 8 November 2012

    Greek shipping company Tsakos Group has entered into a shipbuilding contract with Sungdong Shipbuilding from Korea. According to the Seatrade Asia report, the subject of the contract is construction of a 157,000 dwt shuttle tanker with an option to build another one. The vessel is scheduled to be delivered in 2014. Sungdong Shipbuilding commenced construction […]

  • 6 June 2017
    Business & Finance

    Greek tanker owner Kyklades Maritime Corporation has ordered five 115, 000 dwt Aframax tankers at South Korean Sungdong Shipbuilding and Marine Engineering. The first two ships from the batch, priced at USD 44 million each, are slated for delivery in 2018 with the remaining three following suit in 2019, VesselsValue data shows. Under the terms of […]

  • 1 September 2015
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries and the Export-Import Bank of Korea (Korea Eximbank) have agreed to take over and jointly manage the financially troubled Sungdong Shipbuilding & Marine Engineering for an initial period of four years, the state-run lender said in a release. Samsung Heavy will be in charge of Sungdong’s sales, procurement, production and technology sectors, a […]

  • 21 January 2014
    Business & Finance

    Sungdong Shipbuilding & Marine Engineering (SUNGDONG) has won a contract to build six 82,000 DWT bulk carriers. The contract signed with UK-based Reuben Brothers includes options for additional two vessels. The newbuilds will measure 229.0 metres in length, covering a breadth of 32.3 metres and a depth of 21 metres. The shipbuilder did not reveal […]

  • 10 June 2016
    Business & Finance

    Struggling South Korean yards exhibiting at this year’s Posidonia event in Greece seem to be on a roll over the past few days as they clinch the badly-needed new orders. One of those shipbuilders is certainly Sungdong Shipbuilding & Marine Engineering Co. (Sungdong), which has won its first order for this year. Namely, the yard’s […]

  • 1 September 2015
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries and the Export-Import Bank of Korea (Korea Eximbank) have agreed to take over and jointly manage the financially troubled Sungdong Shipbuilding & Marine Engineering for an initial period of four years, the state-run lender said in a release. Samsung Heavy will be in charge of Sungdong’s sales, procurement, production and technology sectors, a […]

  • 1 October 2013
    Business & Finance

    Navig8 Product Tankers Inc executed two further shipbuilding contracts with Sungdong Shipbuilding & Marine Engineering Co for two additional LR2 newbuild vessels for 2015 delivery, and completion of the USD 30 million additional tranche of its August 2013 private placement to (part) finance these two newbuildings. In accordance with the terms and conditions of the […]

  • 18 March 2013
    Business & Finance

    After last week’s successful naming and delivery ceremony of TEN’s two fully-coated DP2 shuttle tankers, Sungdong Shipbuilding & Marine Engineering has won orders from two Greek shipowners to build 10 bulk carriers in total. The first order for three plus one option comes from Alcyon Shipping with the second one coming from Marmaras Navigation and […]

  • 8 September 2016
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited (NAT) took delivery of a Suezmax newbuilding tanker the Nordic Star, built at South Korea’s Sungdong Shipbuilding and Marine Engineering. Featuring 158,000 deadweight tons, the vessel, which was named on August 24, will be employed in the tanker market right away, according to the company. NAT’s second Suezmax newbuilding, the Nordic […]

  • 28 February 2017
    Business & Finance

    Bermuda-based tanker owner Nordic American Tankers Limited (NAT) has expanded its fleet as it took delivery of a newbuilding Suezmax tanker on February 27. Nordic Space, the company’s second Suezmax newbuilding tanker, was constructed by South Korean Sungdong Shipbuilding and Marine Engineering. The 158,000 dwt ship, which was christened on August 24, 2016, has started its […]

  • 7 February 2019
    Business & Finance

    Ocean Yield adds 2016-built Suezmax tanker Milos to its fleet.