Shipyards
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Final Gadani fire death toll still unknown
24 days have passed since the terrible explosion that ripped through a beached FSO at Pakistan’s ship recycling area of…
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Dae Sun wins another chemical tanker order
South Korean yard Dae Sun Shipbuilding & Engineering has won an order from a local line, Sambu Shipping, to build…
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CIMC Raffles bags rare heavylift order
Shandong Twin Marine has placed an order for two semi-sub heavylift vessels at CIMC Raffles, a very rare order in…
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Samsung Heavy to delay Statoil rig project due to construction accident
South Korea’s Samsung Heavy Industries is to delay the construction a jackup rig being built at the shipyard after a…
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Shipyard orders at lowest level since the 1980s
Shipbuilding orders in the first ten months of this year have dropped to levels not seen since the 1980s, according…
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Petronas to delay Samsung FLNG to 2020
Samsung Heavy Industries has suffered another offshore setback, with Malaysian energy giant Petronas delaying delivery of its giant newbuild FLNG…
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The changing face of ship recycling in India
A contribution from Shashinath Mishra, head of Indian Register Quality Systems. India has the largest ship recycling industry, being responsible…
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Pacific Radiance enters arbitration with Waigaoqiao Shipbuilding
Singapore-listed Pacific Radiance has announced that it 50% owned joint venture company CA Offshore Investment has issued two notices of…
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Oil smuggling caused tragic Gadani fire
The tragic Gadani fire on a beached tanker that claimed many lives on November took place due to smuggling of…
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Welding accident kills one, injures three
A worker was blown 60 metres to his death on the Indonesian island of Batam. A welding accident resulted in…
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China Ocean Industry takes over Nantong Huakai Heavy Industry
China shipbuilder China Ocean Industry has announced that it has entered an agreement to acquire Nantong Huakai Heavy Industry for…
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Hyundai Heavy Industries confirms spilt
South Korea’s Hyundai Heavy Industries (HHI) said yesterday that it will split its non-shipbuilding businesses into separate companies to improve…
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Sembcorp Marine offloads stake in Cosco Shipyard
Singapore shipbuilder Sembcorp Marine has entered into a sale and purchase agreement with Cosco to dispose of its 30% equity…
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NTSB finds faulty wiring likeliest cause of $4m blaze on Great Lakes bulker last year
A fire that badly damaged a Great Lakes cargo steamship in Sturgeon Bay, Wisconsin late last year was probably caused…
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British fund eyes STX yards
Yonhap, South Korea’s official newswire, is reporting an unnamed British investment fund has submitted a letter of intent to a…
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Fincantieri bids to take Vard private
Italian shipbuilder Fincantieri has launched an offer for the shares of Vard Holdings that it doesn’t already own in a…
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Court reprieve for STX Offshore & Shipbuilding
STX Offshore & Shipbuilding has got the green light to carry on operations. A Seoul court today approved its rehabilitation…
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Deloitte reviewing its position in Korea in wake of DSME fraud
The fraud that has rocked Daewoo Shipbuilding & Marine Engineering (DSME) looks set to shake up the local accounting scene.…
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EU funds unveiled for green shipbuilding projects
The European Investment Bank and France’s Société Générale have signed a framework agreement to mobilise €150m of support for shipbuilding…
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Wisdom Marine orders bulker duo at Imabari Shipbuilding
Taiwanese dry bulk shipping company Wisdom Marine has signed shipbuilding contracts with Japan’s Imabari Shipbuilding yesterday for the construction of…
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