Shipyards
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World merchant fleet hits new highs as newbuild orders slump to 1980s lows
According to Clarksons Research’s just launched annual World Fleet Register, the world merchant fleet grew by 3.1% in tonnage terms…
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Tsuneishi eyes second yard in the Philippines
Japan’s Tsuneishi Shipbuilding is looking at building another yard in the Philippines. The shipbuilder, which has yards in the south…
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Hyundai Heavy and Samsung Heavy win patent lawsuit against DSME
South Korea’s Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) have won a lawsuit they filed against Daewoo Shipbuilding…
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VLCC delivery highlights Philippines’ emergence as a top shipbuilder
The Philippines has joined a very select club as a nation capable of building VLCCs, one of the cream of…
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Hoegh LNG in FSRU frenzy
Hoegh LNG has initiated massive fleet expansion, signing up for one firm FSRU and three options with Samsung Heavy Industries…
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Damen offices raided
The Netherlands’ top shipbuilder, Damen Shipyards, has had its offices raided by authorities in regards to a foreign bribery case.…
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Raffles Shipping orders six chemical tankers at Jinhai Heavy
Singapore’s Raffles Shipping International has signed shipbuilding contracts with HNA-affiliated Jinhai Heavy Industry for the construction of six 19,700dwt chemical…
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PaxOcean Zhoushan secures FSRU order from Jaya Samudra Karunia
Indonesia shipping company Jaya Samudra Karunia has placed an order at PaxOcean Zhoushan for the construction of a floating storage…
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Kassian Maritime acquires resale bulker from Jinhai Heavy Industry
Greek owner Kassian Maritime has acquired an 82,000dwt bulk carrier from HNA-affiliated yard Jinhai Heavy Industry. The purchase price for…
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China releases shipbuilding reform blueprint
China’s Ministry of Industry and Information Technology (MIIT) has released a reform and transformation guide to the shipbuilding industry under…
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German repair yards join forces
As of February 1, German repair yards comprising German Dry Docks (GDD), BREDO Dockgesellschaft (BREDO) and Mützelfeldwerft will form a…
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Korean yards ready another 4,000 layoffs
South Korea’s top three shipyards – Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering…
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Germans hit out at Asian governments intervening to save maritime firms
The German government has adopted a maritime agenda through to 2025, a move that has been welcomed by the nation’s…
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Gadani closed following latest fire
Authorities have once again closed Pakistan’s main shipbreaking site at Gadani following the third fire there in two months. The…
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Titan Petrochemicals acquires Zhoushan shipyard assets
Hong Kong-listed Titan Petrochemicals has reached an agreement with Fang Jiancheng and Fang Zheng, the founding shareholders of Zhoushan Yatai…
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Pleiades Shipping takes two at Hyundai Mipo
After a dreadful 2016 South Korean yards have won more orders in the first 10 days of 2017 than it…
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Five confirmed dead following latest fire at Gadani
Five workers have been confirmed dead after yet another fatal fire ripped through a ship at Pakistan’s ship dismantling centre…
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Sainty Marine completes restructuring, quits shipbuilding
Bankrupt Sainty Marine has completed a restructuring with its parent Jiangsu Guoxin Group, quitting the shipbuilding business. According to the…
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Wärtsilä CSSC joint venture opens facility in China
CSSC Wärtsilä Engine, the joint venture company between Wärtsilä and China State Shipbuilding Corporation (CSSC), has opened its new production…
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Gadani hit by another major fire
A large fire has erupted onboard a vessel at Pakastan’s Gadani shipbreaking yard, the same LPG carrier which caught fire after an…
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