Shipyards
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Report claims less than one in three of Yangzijiang’s ships under construction are profitable
A new report from Singapore investment bank OCBC gives an idea at the scale of losses across the Chinese shipbuilding…
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DSME secures orders for LNG carrier pair
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering (DSME) has announced today that it has secured a deal for…
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Yangzijiang Shipbuilding to run Jiangzhou Union Shipbuilding
China Ocean Industry Group has entered into a strategic cooperation agreement with the government of Ruichang City in Jiangxi and…
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GasLog returns to Samsung Heavy for new LNG carrier
LNG vessel owner GasLog has ordered a 180,000 cu m LNG carrier from South Korea’s Samsung Heavy Industries, its second order…
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GEFO orders six chemical tankers at AVIC Dingheng
German owner GEFO has placed an order at China’s AVIC Dingheng Shipbuilding for the construction of six 3,600 dwt chemical…
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STX Dalian plans fifth attempt to auction off assets
Bankrupt shipyard STX Dalian is set to have a fifth auction following the failure of all four previous auctions for…
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Reprieve of sorts for STX and Sungdong
The Korean government has granted a reprieve of sorts to two of the nation’s yards – STX and Sungdong. Both…
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Oshima Shipbuilding develops new ecofuel
Japanese shipyard Oshima Shipbuilding is developing a new fuel, which it claims will meet all upcoming air emission regulations. Called…
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Ship recycling transparency initiative launched
A group of top shipowners have signed up to the Ship Recycling Transparency Initiative in a bid to crack down…
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World’s largest shipbuilder unveils robots to construct vessels
Hyundai Heavy Industries (HHI) has showcased the future of shipbuilding, revealing on Sunday new robots that will be used in…
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Another chemical tanker cancelled at Triyards
Singapore shipbuilder Triyards Holdings has announced that its Vietnamese subsidiary yard Saigon Offshore Fabrication and Engineering has received a notice…
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Yangzijiang Shipbuilding acquires unfinished bulker from Jiangsu Shenghua
China’s Yangzijiang Shipbuilding has acquired unfinished 79,600 dwt bulk carrier JSH413 at bankrupt Jiangsu Shenghua Shipbuilding yesterday via an online…
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Authorities investigate Sungdong Shipbuilding for bribery of former South Korean president
South Korean authorities have started investigations into a bribery scandal that involving the former South Korean president Lee Myung-bak, Woori…
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Awilco heading to Keppel for new semi-submersible order
Norwegian offshore driller Awilco Drilling is raising $65m via a private placement to be used to part finance an order…
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Zhoushan Changhong acquires JES bulker
Zhoushan Changhong International Shipyard has acquired an unfinished bulk carrier Agenor via an online auction arranged by Wuhan Maritime Court.…
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CMA CGM linked to Hyundai Heavy order for up to twelve 14,000 teu ships
Multiple broking reports have France’s top boxline signing for another swathe of newbuilds. CMA CGM is tipped to have ordered…
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Kmarin orders VLOC pair at Beihai Shipbuilding
South Korea ship investment firm Kmarin (Kukje Maritime Investment Corporation) is said to have ordered two 325,000 dwt VLOCs at…
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Otto Marine seeks court protection
Singapore-based offshore shipbuilder Otto Marine has filed for protection in the Singapore High Court, according to Bloomberg. The company, which…
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Kumiai Senpaku orders pair of LPG carriers at Sasaki Zosen
In the gas carrier sector, Japanese yard Sasaki Zosen has received an order for a pair of 5,000 cu m…
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Shanghai Ansheng Automotive Shipping orders car carrier at Jinling Shipyard
Shanghai Ansheng Automotive Shipping has placed an order at Jinling Shipyard, an affiliate yard of Sinotrans & CSC, for the…
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