Shipyards News Archive - Shipbuilding and Ship Repair Industry Updates

Shipyards

Foremost Group orders kamsarmax pair at CSSC Chengxi

February 21st, 20190 US-based dry bulker owner Foremost Group has placed an order at CSSC Chengxi Shipyard for the construction of two 85,000 dwt kamsarmax bulk carriers. Delivery of the...

Shipyards

Sembcorp Marine to shut local yard by the end of this year

February 20th, 20190 Awash in red ink Singapore’s Sembcorp Marine is shuttering a local yard four years earlier than scheduled. SembMarine has revealed a full year net loss of S$74.1m...

Shipyards

Keppel finds sale and leaseback solution to deliver Mexican jackup

February 20th, 20190 Keppel FELS, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has fixed a sale and leaseback solution in order to deliver the jackup rig, , to...

Shipyards

DSME workers vote to strike against Hyundai Heavy takeover

February 20th, 20190 The workers union of Daewoo Shipbuilding and Marine Engineering (DSME) has decided to strike in protest of Hyundai Heavy Industries (HHI)' proposed takeover of company,...

Shipyards

Two dead after tanker hit by fire at Bangladesh shipbreaking yard

February 19th, 20190 A fire broke out onboard an oil tanker beached at the Shagorika Ship Breaking Yard in Bangladesh, resulting in the death of two workers. The fire started from the...

Shipyards

Recycling market leaves many puzzled

February 19th, 20190 The ship recycling market is seeking price stability at present with some experts describing the current status as puzzling and sluggish. “The recycling market...

Shipyards

Tanker owners risk being elbowed out of Korea’s top yards as huge LNG order hoves into view

February 18th, 20194 Tanker owners have been advised to get their orders in fast at South Korea’s blue chip yards before available slots dry up. In its latest weekly report brokers...

Shipyards

Valles back in Japan for an aframax

February 18th, 20190 Hong Kong’s Valles Steamship run by the Koo family has gone to Japan for its latest order. Brokers report that the 102-year-old company has ordered a single 112,000...

Shipyards

Former Keppel procurement officer pleads guilty to long list of bribery charges

February 17th, 20190 A former senior procurement office at Singapore’s Keppel Shipyard pleaded guilty on Friday to 54 charges of corruption and money laundering after taking more than...

Shipyards

Hanjin Heavy comes to an agreement with lenders in Manila

February 15th, 20190 Troubled Hanjin Heavy Industries & Construction (HHIC) from South Korea has reached an agreement on debt rescheduling for its Philippine affiliate, HHIC-Phil,...

Shipyards

Oldendorff orders bulker pair at CSSC Chengxi

February 15th, 20190 German dry bulk shipping operator Oldendorff has placed an order at CSSC Chengxi Shipyard for the construction of two 21,500 dwt self-unloading bulk carriers. The...

Shipyards

Angelicoussis back at DSME for another LNG carrier

February 15th, 20190 Daewoo Shipbuilding & Marine Engineering (DSME) has won an order from one of its most loyal customers. John Angelicoussis’s Maran Gas Maritime is back at the...

Shipyards

KDB on standby to save Hanjin Heavy

February 14th, 20190 State-run Korea Development Bank is on standby once again to step in and save one of the nation’s shipbuilders. Hanjin Heavy Industries & Construction, South...

Shipyards

HJH CSL jv exercises bulker option at CSSC Chengxi

February 14th, 20190 A joint venture by Canada’s CSL group and German Hartmann family's HJH Shipmanagement has exercised an option with CSSC Chengxi Shipyard to build one 40,000 dwt...

Shipyards

Japanese head to NACKS for VLCCs

February 12th, 20190 Japanese trading house Mitsui and compatriot shipping line Iino Kaiun Kaisha have managed to negotiate early delivery slots at a Sino-Japanese yard for three...

Shipyards

HHI takeover of DSME cleared, deal set to be signed next month

February 12th, 20190 The path has now been cleared in South Korea for Hyundai Heavy Industries (HHI) to take over local rival Daewoo Shipbuilding & Marine Engineering (DSME). State-run...

Shipyards

JES files for judicial management

February 12th, 20190 JES International Holdings, a Singapore-listed defunct Chinese shipbuilder, has announced that an application has been filed in the high court of Singapore to place the...

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Splash Dash

Coles wields the axe at Wallem
Frank Coles has wasted little time in stamping his authority at Hong Kong’s Wallem... Feb 22nd, 2019 inGreater China
Carnival and DNV GL study claims scrubber washwater is safe
The pro-scrubber lobbying group, Clean Shipping Alliance 2020 (CSA 2020), held its first technical... Feb 22nd, 2019 inEnvironment
ADNOC plans to add 25 vessels to fleet
Abu Dhabi National Oil Company (ADNOC) plans to add more than 25 vessels to its shipping fleet over... Feb 22nd, 2019 inTankers
Protests grow against Korea’s mega yard merger
Hyundai Heavy Industries' (HHI) plan to take over Daewoo Shipbuilding & Marine Engineering... Feb 22nd, 2019 inShipyards
Smart Maritime Network: Cross-industry technology harmonisation initiative launches
Next week sees the launch of the Smart Maritime Network in London. The initiative is the brainchild... Feb 22nd, 2019 inMaritime CEO

Carnival and DNV GL study claims scrubber washwater is safe

Smart Maritime Network: Cross-industry technology harmonisation initiative launches

Shareholders approve Ensco’s acquisition of Rowan Companies

DOF Subsea secures three contracts in Brazil

Carnival and DNV GL study claims scrubber washwater is safe

Flexport secures $1bn in new financing

CSL Group adds handymax for conversion

Shareholders approve Ensco’s acquisition of Rowan Companies

ADNOC plans to add 25 vessels to fleet

UAE eases Qatari shipping ban

Shelf Drilling acquires two jackup rigs, charters another two

James Fisher expands in Middle East with acquisition of Murjan Al-Sharq Marine

Protests grow against Korea’s mega yard merger

HMM CEO quits

Duke Offshore awarded vessel contract by Daewoo and Tata Projects

Manila seeks to fix empty container congestion issue

Coles wields the axe at Wallem

China Merchants to raise $610m for newbuildings and scrubbers

Foremost Group orders kamsarmax pair at CSSC Chengxi

Zhejiang Seaport Group buys into Shanghai container terminal operator

Protests grow against Korea’s mega yard merger