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Europe
Cape Shipping orders boxship quartet at Huangpu Wenchong
Greek owner Cape Shipping has signed shipbuilding contracts with CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of two 2,700 teu…
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Asia
Hyundai Glovis secures contracts worth $1.3bn
Hyundai Glovis, the auto shipping unit of South Korea’s Hyundai Motor Group, has secured KRW1.42 trillion ($1.3bn) worth of contracts…
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Greater China
Cosco Shipping Energy orders two VLCCs at DACKS
Cosco Shipping Energy Transportation, the tanker unit of China Cosco Shipping Corporation, has placed an order at Dalian COSCO KHI…
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Greater China
Shanghai North Sea Shipping orders tanker trio at GSI
Chinese tanker owner Shanghai North Sea Shipping has placed an order at Guangzhou Shipyard International, a subsidiary yard of CSSC…
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Europe
Chemical tanker order cancelled at Triyards
Singapore offshore shipbuilder Triyards Holdings has not enjoyed the fruits of a diversification drive, with subsidiary Saigon Offshore Fabrication and…
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Greater China
Explosion at COFCO terminal in Argentina kills one, injures over 20
A grain terminal operated by Chinese state-run grain trading giant COFCO at Argentina’s Port of Rosario suffered a major explosion…
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Greater China
CDB Financial Leasing orders five newcastlemax newbuilds
China Development Bank (CDB) Financial Leasing has announced that it has entered into shipbuilding contracts with two shipyards for the…
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Europe
Flex LNG charters newbuild LNG carrier to Uniper
Oslo-listed Flex LNG has entered into a time charter contract for newbuild LNG carrier Flex Endeavour to energy firm Uniper…
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Greater China
Chinese firm to acquire STX Corporation
AFC Korea, a unit of Chinese private equity fund AFC, has been selected by The Korea Development Bank (KDB) as…
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Greater China
Qingdao Yangfan Shipbuilding snubs restructuring plan
Bankrupt Qingdao Yangfan Shipbuilding has filed an application with a court in Qingdao, requesting to change the bankruptcy administrator of…
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Greater China
ICBC Leasing seals order for six VLOCs at Beihai Shipbuilding
China’s ICBC Leasing has officially signed the shipbuilding contracts with CSIC-affiliated Beihai Shipbuilding Industry yesterday for the construction for six…
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Europe
GoodBulk to exercise six capesize options
Greek dry bulk owner Goodbulk has announced its intention to exercise options to acquire an additional six capesize vessels for…
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Asia
Kawasaki Heavy Industries terminates Island Offshore contract
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has terminated a shipbuilding contract with Island Offshore for the construction of well intervention…
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Asia
Hyundai Heavy Industries raising $1.2bn
South Korean shipbuilding group Hyundai Heavy Industries (HHI) has announced a plan to raise about $1.2bn via a share issue…
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Greater China
CRCC plans wind installation vessel order
Chinese state-run construction group China Railway Construction Corporation (CRCC) has announced plans to order a new offshore wind turbine installation…
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Greater China
New cross-strait shipping route launched
Taiwan Wagon Group and Pingtan Transportation Group will jointly launch a new cross-strait shipping service this week. The service will…
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Europe
Saipem awarded $380m worth of contracts
Italy’s Saipem has been awarded new offshore E&C works, offshore drilling and onshore drilling contracts worth around $380m. The company…
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Americas
McDermott secures Tyra contract from Maersk Oil
Offshore engineering specialist McDermott International has secured a contract from Maersk Oil for engineering, procurement, construction and commissioning (EPCC) services…
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Greater China
Qingdao Yangfan restructuring plan proposed
Jianlong Group, the controlling shareholder of bankrupt Qingdao Yangfan Shipbuilding, has proposed a restructuring plan to rescue the yard. Under…
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Asia
Sembcorp Marine sells West Rigel rig
Sembcorp Marine subsidiary Jurong Shipyard has signed an agreement to sell semi-submersible rig to an undisclosed buyer for $500m. The…
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