Shipyards
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Navibulgar declares options on Yangzijiang handysizes
Bulgarian owner Navibulgar has declared options on a pair of handsizes at China’s Yangzijiang shipyard. Navibulgar ordered had previously placed…
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PHP becomes first recycling yard in Bangladesh to become Hong Kong compliant
Bangladesh now has a ship recycling yard that is in line with the Hong Kong Convention for the Safe and…
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Cochin Shipyard forms jv with Hooghly Dock
Indian shipbuilding major Cochin Shipyard has incorporated a joint venture, Hooghly Cochin Shipyard, with Hooghly Dock & Port Engineering for…
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Polaris inks five more VLOCs at Hyundai Heavy
South Korea’s Polaris Shipping has wasted little time exercising options for yet more very large ore carriers (VLOCs). Polaris, in…
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Shanghai Dingheng Shipping orders 16 chemical tankers at Xinle, negotiating for 10 more
Chinese tanker owner Shanghai Dingheng Shipping has commenced a significant expansion of its tanker fleet at Ningbo Xinle Shipbuidling, planning…
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Mosvold Shipping orders capesize pair at Yangzijiang Shipbuilding
Norwegian owner Mosvold Shipping has placed an order for two 180,000 dwt capesize bulk carriers, with two additional options, at…
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Korea Eximbank to sell stake in Dae Sun Shipbuilding
The Export-Import Bank of Korea (Korea Eximbank) is looking to sell its entire 67.27% shareholding in shipbuilder Dae Sun Shipbuilding…
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Samsung Heavy wins first order for new FSRU design
South Korean shipyard Samsung Heavy Industries (SHI) has won a $221m order to build a LNG-FSRU from a consortium comprising…
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Five arrest warrants sought over STX yard explosion
Investigators sought arrest warrants Monday for five people in connection with a deadly explosion at the shipyard of local shipbuilder…
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Creditor banks take over Ching Fu Shipbuilding
Ching Fu Shipbuilding, Taiwan’s largest private shipyard, has been taken over by creditor banks due to a financial crisis, following…
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CIMC Sinopacific Offshore confirms gas carrier resale deal with Pacific Gas
Pacific Gas, a subsidiary of China’s Shandong Shipping, has entered into a contract with CIMC Sinopacific Offshore & Engineering for…
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Huatai Heavy Industry workers protest over unpaid salaries
Workers at Natong-based shipyard Huatai Heavy Industry commenced a strike yesterday to protest against unpaid salaries. According to local reports,…
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Royal IHC takes 50% stake in Rotterdam Offshore Group
Dutch shipbuilder Royal IHC has acquired a 50% stake in Rotterdam Offshore Group (ROG), strengthening its ship repair and conversion…
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Nam Cheong seeks court protection amid bid to restructure debts
One of the biggest names in Malaysian offshore, Nam Cheong, has revealed it has applied to Singapore’s High Court to…
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Titan Petrochemicals acquires Jiangsu Hongqiang Heavy Industry
Titan Petrochemicals has entered into a sale and purchase agreement with Sino Team Investment Development for the acquisition of Gold…
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Borr Drilling outlays $1.3bn for nine Sembcorp Marine jackups
Fast-growing Norwegian offshore driller Borr Drilling has done a deal with Sembcorp Marine subsidiary PPL Shipyard to acquire nine Pacific…
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Kalashnikov takes aim at shipping
The most famous arms manufacturer in the world is diversifying into the shipyard business. Russia’s Kalashnikov has announced it will…
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Keppel scores SBM Offshore FPSO conversion contract
Singapore’s Keppel Shipyard, a subsidiary of Keppel Offshore & Marine, has secured an FPSO conversion contract from Dutch firm SBM…
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Drydocks World wins FPSO upgrade contract
Dubai’s Drydocks World has signed agreements with Bluewater Energy Services and Hurricane Energy to undertake a repair, life extension and…
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PPL Shipyard cancels Oro Negro jackup rigs deal
In yet another blow to Singapore’s hard pressed shipyards scene, PPL Shipyard, part of Sembcorp Marine, has terminated contracts with…
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