Shipyards News Archive - Shipbuilding and Ship Repair Industry Updates

Shipyards

Philadelphia Shipyard to lay off 275 workers because of depleted orderbook

May 23rd, 20180 Philadelphia Shipyard on Tuesday announced it plans to lay off 275 workers by July 20. In notifying Pennsylvania’s Department of Labor about the imminent layoffs,...

Shipyards

Yasa Shipping orders tanker quartet at Hyundai Mipo

May 22nd, 20180 Turkish shipowner Yasa Holding is said to have placed an order at South Korean yard Hyundai Mipo for the construction of four 49,000 dwt MR tankers. Shipbroking...

Shipyards

China Merchants acquires Hanjin stake in Zhejiang Eastern Shipyard

May 22nd, 20180 China Merchants Group has acquired a 34% stake of Zhejiang Eastern Shipyard (ZESCO) in a court-led auction for RMB171m ($26.8m). The equity was owned by bankrupt...

Shipyards

Nisshin Shipping adds nine ultramax bulkers at Nantong Xiangyu

May 21st, 20180 Japanese owner Nisshin Shipping has placed an order at China’s Shipbuilding & Offshore Engineering for the construction of up to nine 63,500 dwt bulk...

Shipyards

Shell awards FPU construction contract to Sembcorp Marine

May 21st, 20180 Shell Offshore has awarded a contract to Sembcorp Marine Rigs & Floaters, a unit of Singapore shipbuilding group Sembcorp Marine, to construct and integrate the...

Shipyards

Fincantieri joins the 3D printing rush

May 17th, 20180 Shipbuilders’ flirtation with 3D printing continues to mount. Australian metal additive manufacturing company, Titomic has entered into a MoU with Fincantieri...

Shipyards

Keppel to build LNG-powered dredger pair for Van Oord

May 17th, 20180 Keppel Offshore & Marine's Keppel Singmarine has been awarded a contract by Dutch dredging company Van Oord to build two LNG-powered dual-fuel dredgers. The...

Shipyards

HJH Shipmanagement orders bulker pair at CSSC Chengxi

May 17th, 20180 German owner HJH Shipmanagement has placed an order at China’s CSSC Chengxi Shipyard for the construction of one 40,000 dwt bulk carrier, with an option available for...

Shipyards

Sinokor orders up to 20 newcastlemax bulkers at Jinhai

May 16th, 20180 South Korean owner Sinokor Merchant Marine has signed shipbuilding contracts with China’s Jinhai Intelligent Manufacturing, formerly Jinhai Heavy Industry, for the...

Shipyards

Borr Drilling takes five more jackups from Keppel

May 16th, 20180 Tor Olav Troim's Borr Drilling has signed a deal with Singapore’s Keppel Offshore & Marine to acquire five resale jackup rigs for $745m. The KFELS B class rigs...

Shipyards

Kyklades cancels Sungdong’s last ship orders

May 16th, 20180 Endangered Korean yard Sungdong Shipbuilding & Marine Engineering has lost its last newbuild contracts with Kyklades Maritime of Greece nixing a contract for five...

Shipyards

PaxOcean signs up to Newport’s repair offering

May 16th, 20180 Fast developing Newport Shipping has added to its global network of ship repair yards with facilities in Singapore, Indonesia and China, following the signing of a...

Shipyards

Increasing demand and rising costs drive newbuilding price hikes

May 15th, 20180 Better earnings will power a recovery in newbuilding activity, while rising yards costs and the ongoing squeeze on capacity are driving price increases, writes Stuart...

Shipyards

CIMC Enric suspends partnership with Lloyd’s Register

May 14th, 20180 CIMC Enric, an investment unit of China International Marine Containers (CIMC) has sent an internal notice to all of its affiliate companies ordering them to suspend all...

Shipyards

Jianlong Group quits Qingdao Yangfan restructuring, Huatong Group takes over

May 14th, 20180 Jianlong Group, the controlling shareholder of bankrupt Qingdao Yangfan Shipbuilding, has decided to quit the restructuring of the shipyard. The decision is due to...

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Splash Dash

VLCCs have been losing $2,100 a day so far this year
Following yesterday’s lead story on the “disastrous” state of aframaxes trading in the North... May 22nd, 2018 inTankers
Fair Pay at Sea campaign launches ahead of crunch ILO wage talks next month
A new website, Fair Pay at Sea, has been launched with backing from trade union Nautlius... May 22nd, 2018 inOperations
Hong Kong finally gears up to take the fight to Singapore
After a lost couple of decades, Hong Kong authorities are finally gearing up to make the city more... May 22nd, 2018 inGreater China
European rival to Flexport emerges
Adnavem, a Swedish tech start-up, today revealed that its first pilot customer imported containers... May 22nd, 2018 inTech
Australian politician seeks to capsize livestock shipping
An Australian politician introduced legislation to parliament yesterday to ban the export of live... May 22nd, 2018 inRegulatory
‘Disastrous’ North Sea aframaxes losing $1,750 a day
Aframaxes trading in the North Sea have been losing money in dramatic fashion. Describing rates on... May 21st, 2018 inTankers

New Belgian shipping firm to set sail next week

Faroe Petroleum takes Transocean semi-submersible for Brasse East field

Euroseas gets approvals for EuroDry spin-off

Wilhelmsen takes next step on rapidly evolving digital voyage

Harvey Gulf takes swipe at competitors as it emerges from chapter 11

Euroseas gets approvals for EuroDry spin-off

US Congress introduces cabotage bill to boost shipbuilding

Sweeping changes for Aegean Marine Petroleum Network

Yasa Shipping orders tanker quartet at Hyundai Mipo

Gulf Marine Services awarded pair of charter contracts

UAE commits to protecting seafarers in signing of historic memorandum with the ITF

Oasis Energy makes aframax debut

India relaxes cabotage laws

Novel Singapore container haulage start-up emerges

Yasa Shipping orders tanker quartet at Hyundai Mipo

Car carrier fire under control

Marine Money container panel highlight the pros of consolidation

Wuhan Newport Changhai orders feeder boxship pair at WUT Guangda

Court freezes more Dandong Port assets

Hong Kong finally gears up to take the fight to Singapore

Wuhan Newport Changhai orders feeder boxship pair at WUT Guangda