Shipyards
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JES yard sale falls through, former chairman jailed
JES Holdings, the Singapore-listed platform of bankrupt Chinese shipbuilder Jiangsu Eastern Heavy Industry, has announced that the company has failed…
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Sonatrach executes option for LPG vessel at Jiangnan Shipyard
Hyproc Shipping, a shipping unit of Algerian state energy firm Sonatrach, has executed an option for a 13,000 cu m…
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MOL orders LNG bunkering vessel at Hudong Zhonghua
Japanese owner Mitsui O.S.K. Lines (MOL) has placed an order at CSSC-affiliated Hudong Zhonghua Shipbuilding for the construction of a…
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Jan De Nul orders dredger at Cosco Dalian Shipyard
Cosco Shipping Heavy Industry has announced that Belgian owner Jan De Nul has placed an order at Cosco Dalian Shipyard…
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Wilson heads back to Wuxue Janda for bulker pair
Norwegian short sea operator Wilson has ordered a pair of 2,600 dwt bulkers at Chinese shipyard Wuxue Janda Shipbuilding. Wilson is paying…
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Fincantieri finally seals complex deal to take over STX France
Italian shipbuilder Fincantieri finally on Friday bought a long discussed 50% stake in STX France for EUR59.7m. French President Emmanuel…
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CSSC removes Jiangnan Changxing Heavy from listed platform to narrow losses
China State Shipbuilding Corporation (CSSC), one of the two major state-run shipbuilding conglomerates in China, has announced that subsidiary yard…
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Arrests made in connection with Keppel’s Brazil bribery case
A number of former executives of Keppel Corp have been arrested in Singapore as investigations into Brazilian bribes for rig…
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Hyundai Samho reveals $200m price tag of latest NYK LNG carrier contract
South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) has revealed the price tag of an LNG ship just ordered by…
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Mitsui Engineering & Shipbuilding joins forces with Tsuneishi
In the latest collaboration move among Japan’s hard-pressed shipyards two well-known names are forming a business alliance. Mitsui Engineering &…
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Foremost Group adds four newcastlemaxes at Waigaoqiao
New-York based bulker owner Foremost Group has signed shipbuilding contracts with CSSC-affiliated Waigaoqiao Shipbuilding for the construction of four 210,000…
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SK Shipping orders VLOC pair at DSIC
South Korean shipowner SK Shipping has placed an order at CSIC-affiliated Dalian Shipbuilding Industry (DSIC) for the construction of two…
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CSSC losses lead to delisting risk
China State Shipbuilding Corporation (CSSC), one of the two largest state-run shipbuilding conglomerates in China, has issued a warning to…
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Zhejiang Ouhua Shipbuilding in financial trouble
Zhejiang Ouhua Shipbuilding, a major Chinese private shipyard based in Zhoushan, is facing financial difficulties amid the continued gloomy outlook…
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Samsung Heavy Industries sells cancelled semi-submersible rig
South Korean shipyard Samsung Heavy Industries has announced a deal in which it has agreed to sell a semi-submersible drilling…
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Tote pulls the plug on Hawaii service plans and Philly Shipyard boxship order
Tote Maritime is not moving ahead with plans for four newbuild containerships because it is suspending plans for a new…
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2020 Bulkers executes options for four more bulkers at New Times
Norwegian owner 2020 Bulkers has declared options for a further four newcastlemax bulkers at China’s New Times Shipbuilding. The vessels…
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Kyoei in for another Japanese VLCC newbuild
Japan’s Kyoei Tanker continues to renew its fleet. Clarkson Research reports the Tokyo-headquartered company has signed for a 310,300 dwt…
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CSSC brings in strategic investors for four subsidiary yards
China State Shipbuilding Corporation (CSSC), one of two state-run shipbuilding conglomerates in China, have brought in strategic investors for four…
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Hyundai Heavy Industries suspends production after fatal incident
South Korean shipbuilder Hyundai Heavy Industries (HHI) suspended production yesterday following a fatal accident that occurred at the yard this…
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