Shipyards
-
Yangzhou Dayang Shipbuilding goes into liquidation
Yangzhou Dayang Shipbuilding, a subsidiary yard of Sinopacific Shipbuilding, has been declared bankrupt and started a liquidation process due to…
Read More » -
Keppel, SembCorp merger speculation resurfaces
Investor talk about a merger between the shipyard units of Keppel and SembCorp has resurfaced. DBS Vickers Securities says in…
Read More » -
M-Maritime orders two handysizes at Saiki Heavy Industries
Greek owner M-Maritime continues to expand its fleet, ordering a pair of 37,000 dwt handysize bulkers at Japanese yard Saiki…
Read More » -
Songa Offshore wins arbitration with DSME
Songa Offshore has announced that an arbitration tribunal in London has ruled in its favour in an ongoing dispute with…
Read More » -
Philly Shipyard wins LOI to build up to four new containerships for Hawaii trade
Philadelphia-based Philly Shipyard says it has entered into a Letter of Intent (LOI) with an unnamed US company to provide…
Read More » -
STX wins product tanker orders, waits on refund guarantees
STX Offshore & Shipbuilding is back in business. Having just exited court-mandated restructuring, the Korean yard has revealed it has…
Read More » -
ABG Shipyard heads for bankruptcy
Debt-laden ABG Shipyard, having defaulted on loan repayments, will now have bankruptcy proceedings initiated against it, a court in India…
Read More » -
Zhonghui Shipping orders bulker at Wuhu Shipyard
Anhui-based Zhonghui Shipping has signed a shipbuilding contract with Wuhu Shipyard for the construction of one 61,000 dwt bulk carrier…
Read More » -
Nam Cheong halts debt repayments, appoints PwC as restructuring advisor
Malaysian offshore shipbuilder Nam Cheong has moved forward in its efforts to restructure its struggling business which is mired in debts…
Read More » -
Number of active shipbuilders falls by 62% since 2009
There are just 358 active shipbuilding yards around the world today, a figure that will continue to decline, according to…
Read More » -
Samsung Heavy readies to slash workforce further
South Korea’s Samsung Heavy Industries (SHI) is looking to slash its workforce furhter and get employees to return part of…
Read More » -
Rongcheng Xinrun orders product tanker at Jinglu Shipbulding
Chinese shipyard Jinglu Shipbuilding has secured an order from domestic owner Rongcheng Xinrun for the construction of one 11,500 dwt…
Read More » -
Oceanbulk orders capesize quartet at Waigaoqiao Shipbuilding
Greek owner Oceanbulk has placed an order at CSSC-affiliated Waigaoqiao Shipbuilding for the construction of four 180,000 dwt capesize bulk…
Read More » -
Mingde receiver to auction off abandoned bulker
The receiver of bankrupt shipyard Mingde Heavy Industry will auction off an abandoned bulk carrier at the shipyard. The vessel…
Read More » -
Bankrupt Qingdao Yangfan Shipbuilding seeks new investors
Bankrupt Chinese shipyard Qingdao Yangfan Shipbuilding has released a notice seeking new investors to restructure the yard. The shipyard went…
Read More » -
Japanese flock for Hyundai Vinashin MRs
Hyundai Vinashin in northern Vietnam has signed a contract for a series of five 50,000 dwt MR product tankers from…
Read More » -
Angelicoussis returns to DSME for more VLCCs
Daewoo Shipbuilding & Marine Engineering has won an order for four new 318,000 dwt VLCCs from regular customer Maran Tankers…
Read More » -
Kingfour Marine orders river car carrier at Wuhu Shipyard
Shanghai-based car shipping company Kingfour Marine has signed a shipbuilding contract with Wuhu Shipyar for the construction of an 800…
Read More » -
Suppliers stage protest at Qingdao Yangfan Shipbuilding
A group of suppliers to bankrupt Qingdao Yangfan Shipbuilding blocked the entrance of the shipyard yesterday, demanding the shipyard to…
Read More » -
Isiksan becomes first Turkish yard to gain Hong Kong compliance
Isiksan Ship Recycling and Trading has become the first yard in Turkey to get a statement of compliance, verifying that…
Read More »