Shipyards
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Jaya Samudra Karunia eyes more FSRU orders at PaxOcean
Indonesia’s Jaya Samudra Karunia (JSK) is eyeing more FSRU orders to meet the growing demand for clean energy in Asia.…
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Pan Ocean back at New Times for more bulkers
South Korea’s Pan Ocean, in the midst of a significant fleet rejuvenation programme, has eschewed local shipbuilders and headed to…
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IHI’s Aichi Works closes for good
A famous site in Japanese shipbuilding history is no more. The Aichi Works, belonging to conglomerate IHI, closed down on…
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Samsung Heavy considers compulsory leave plan for employees
South Korean shipbuilding major Samsung Heavy Industries is considering a compulsory unpaid leave plan for its employees amid the ongoing…
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Handymax newbuilding catches fire at Yangzijiang Shipbuilding
A handymax bulk carrier under construction at Yangzijiang Shipbuilding’s New Yangzi shipyard caught fire on Saturday. According to local reports,…
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Triyards served with wind up summons
Offshore shipbuilder Triyards Holdings, part of Singapore’s Ezra Holdings, has been served with an originating summons by MDL’s Ocean Energy…
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Keppel steps away from Baku Shipyard
Singapore shipbuilding conglomerate Keppel has jettisoned its Azerbaijan shipyard commitments as it focuses its energies on securing a solid line…
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Dayang Shipbuilding restructuring plan approved by court
The restructuring plan of bankrupt Sinopacific yard Dayang Shipbuilding has been approved by Yangzhou People’s Court, after new investors led…
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Cosco Shipping Heavy Industry official under investigation
China’s Central Commission for Discipline Inspection has detained Wu Jun, deputy chief designer at Cosco Shipping Heavy Industry’s Cosco Dalian…
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New investors allocate $333m for Dayang Shipbuilding restructuring
SUMEC Group, a state run machinery manufacturer based in Jiangsu, has announced that the company and Yangzhou Yunhe Xincheng Construction…
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Prosafe agreement with Cosco sees major financial transformation
Cyprus-headquartered accomodation vessel owner Prosafe has reached an agreement with Cosco allowing for the flexible delivery of three previously stalled…
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China Ocean Industry going to arbitration over undelivered ships
China Ocean Industry has announced that it intends to settle a shipbuilding dispute regarding undelivered ships by arbitration. Jiangzhou Union…
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Shanghai Bestway share sale falls through
Chinese shipyard operator Shanghai Bestway Marine & Energy Technology has announced that controlling shareholder Liu Nan has terminated an agreement…
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Xin Yi Hai Shipping orders product tanker at Ningbo Xinle
Zhejiang Xin Yi Hai Shipping has signed a shipbuilding contract with Ningbo Xinle Shipbuilding for the construction of a 5,500…
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CSIC Offshore Wind Power orders wind installation platform at DSIC
CSIC Offshore Wind Power Engineering & Technology, the offshore engineering unit of state-run shipbuilding major CSIC, has placed an order…
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Bernhard Schulte orders SOV at Ulstein for GE wind farm work
Germany’s Bernhard Schulte has ordered a service operation vessel from Norwegian shipbuilder Ulstein Verft, to be used or maintenance work…
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Delos Shipping orders 12 VLECs at Korean yards
US shipping investment firm Delos Shipping has placed orders at two Korean yards for the construction of a total of…
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As Japanese yards stop offering Tier II engines Doun Kisen heads to China
In its latest weekly report brokers Banchero Costa report that Japanese yards have unilaterally decided to stop producing ships with…
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Zhuhai Port Shipping orders two bulkers at Wuhu Shipyard
Zhuhai Port Shipping, the shipowning unit of Zhuahai Port Group, has signed shipbuilding contracts with Wuhu Shipyard for the construction…
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VT Halter Marine appoints new President and CEO
US shipbuilding and repair firm VT Halter Marine, part of VT Systems, has appointed Ronald Baczkowski as its new president…
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