SAMSUNG HEAVY INDUSTRIES (NINGBO) CO., LTD, Samsung Heavy Industries' hatch cover and block production center in China, is understood to have advanced into newbuilding market recently.  

Samsung-Ningbo is now under construction of 17,000-dwt heavy-lift carrier, newly ordered from S&P Marine, slated for delivery in mid 2013.

Since around 2010, it has been promoting entrance into newbuilding market, including kamsarmax bulker, etc., it put off new order amid troubled market and decreased newbuilding price.

At present, Samsung-Ningbo appears to work hard to win 50,000-dwt MR product carrier, handymax bulker, feeder boxship, platform supply vessel, etc.

Spokesperson from Samsung said that Samsung-Ningbo is capable of constructing eight newbuildings in a year, on the basis of MR PC.