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...

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...

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...

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...

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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