Shipyards
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Korea Line chooses Chengxi to build bulker quartet
Korea Line Corporation has revealed where it placed orders recently for a quartet of bulkers, news that will infuriate yards…
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VLCC newbuild orders this year already more than double 2016’s total
Temptingly low prices have already seen more than twice as many VLCC orders placed this year than in the whole…
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Sembcorp’s strategic review sparks Keppel merger rumours again
News that Sembcorp Industries is to push ahead with a strategic review of all its business lines in the coming…
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Police raid Samsung Heavy as crane collision investigation gets underway
Local police raided the offices of Samsung Heavy Industries on Thursday as part of investigations into the crane collision accident…
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Japan’s top yards and lines collaborate on tech research
In a bid to stay competitive Japan’s top shipbuilders and lines are coming together to share technology development. A new…
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Hyundai Heavy will shutter giant Gunsan yard in July
Neatly bookending the rise and fall of Korean shipbuilding over the last decade, Hyundai Heavy Industries (HHI) has confirmed that…
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Have newbuild prices bottomed out?
Splash is hearing more and more about shipyards welcoming owners keen to catch the bottom of the newbuild price cycle.…
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DSME puts local yard up for sale
Troubled Daewoo Shipbuilding & Marine Engineering (DSME) is looking to sell subsidiary Samwoo Heavy Industry. KPMG Samjeong, DSME’s adviser, has…
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BW behind Samsung VLCC quartet
Proving that BW Group is far from fully exiting the VLCC scene having sold its supertanker fleet to DHT Holdings…
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Casualities at Samsung yard accident increase to 28
The crane collapse accident at Geoje shipyard of Samsung Heavy Industries yesterday has so far led to the death of…
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Goldwin in for chemical tankers
Hong Kong tonnage supplier Goldwin Shipping has made a rare new order heading to a Chinese yard that was once…
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Five dead and another four seriously injured as crane collapses at Samsung Heavy
Five workers at Samsung Heavy Industries’ main yard in South Korea have died as a crane collapsed this afternoon. Another…
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STX wins first new orders since 2015
Once one of the world’s largest shipyards, STX Offshore & Shipbuilding, is back from the abyss. With its orderbook close…
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Sentek Marine orders up to four VLCCs
Singapore’s Sentek Marine is determined to become a serious VLCC player to add to its leading position as a bunker…
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IHI to close Aichi Works
A famous yard in Japan is set to close. The Aichi Works shipyard belonging to IHI, which opened in 1973,…
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China reshuffles shipbuilding white list
China’s Ministry of Industry and Information Technology (MIIT) has released the fourth batch of the shipbuilding white list, adding six…
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Dae Sun wins chemical tanker order
South Korean shipyard Dae Sun Shipbuilding & Engineering has won an order from compatriot oil firm GS Caltex to build…
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Hyundai Samho gets $266m private equity investment
South Korean shipbuilder Hyundai Samho Heavy Industries has attracted KRW 300bn ($266m) investment via pre-IPO. The shipyard has signed an…
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Thun Tankers orders four tankers at AVIC Dingheng
Swedish owner Thun Tankers, part of the Gothia Tanker Alliance, has signed shipbuilding contracts with China’s AVIC Dingheng Shipbuilding for…
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Nam Cheong seeks restructuring
Malaysian shipbuilder Nam Cheong has become the latest offshore shipyard to seek restructuring, amid the continued depression in the offshore…
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