Shipyards
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DFDS enhances fleet with twin order at Jinling Shipyard
Danish outfit DFDS is enhancing its fleet with the addition of two newbuild ro-ro freight ships ordered at China’s Jinling…
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Kawasaki Heavy may close its shipbuilding business
Declining profitability may cause Japan’s Kawasaki Heavy Industries to close its shipbuilding business. The company said it would decide by…
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DSME given a year to fix finances
The Korea Exchange has given Daewoo Shipbuilding & Marine Engineering (DSME) a year to get its finances in order at…
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Sainty Marine announces restructuring plan
Bankrupt shipyard Sainty Marine has announced that it has submitted a detailed restructuring plan to Nanjing Intermediate People’s Court. Under…
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Technip to lay off entire workforce at yard in Finland
Technip Offshore is laying off its entire workforce of 476 people at its Technip Pori yard in Finland, reports YLE.…
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CSBC to delay delivery of Seaspan containership damaged in typhoon
Taiwanese shipbuilder CSBC said it would delay the delivery of 14,000teu containership Feng Ming to Canadian shipowner Seaspan as it…
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Blohm+Voss acquired by Luerssen Group
German shipyard Blohm+Voss is being sold by UK-based Star Capital Partners, with family-owned Bremen shipyard group Luerssen the buyer. Luerssen…
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Samsung Heavy and GasLog close to sealing LNG orders
Samsung Heavy Industries (SHI) is being widely tipped to have just about clinched its first order of the year. Monaco-based…
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ESL Shipping in for ice-class LNG-fuelled bulkers
ESL Shipping has tapped Sinotrans & CSC Shipbuilding Industry Corporation’s Jinling Shipyard to build two LNG-fuelled bulk carriers. “The two…
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Rothschild to help find buyer for majority stake in ABG Shipyard
A consortium of lenders led by State Bank of India has enlisted the help of Rothschild to find a buyer…
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Sale of DSME’s headquarters falls through
The sale of Daewoo Shipbuilding & Marine Engineering’s (DSME) headquarters building in downtown Seoul to its preferred bidder has been…
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Two small tankers for Sirius Shipping at Avic Dingheng
Swedish firm Sirius Shipping has just inked a pair of 7,999 dwt oil/chemical tankers at China’s Avic Dingheng shipyard. The…
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Hyundai Heavy secures refund guarantee from banks
After a month of discussions, a consortium of banks in South Korea have stepped up to offer Hyundai Heavy Industries…
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Coscocs starts restructuring of shipbuilding assets
China Cosco Shipping Corporation (Coscocs), the shipping conglomerate formed by the merger of Cosco and China Shipping, has started the…
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Topaz orders two additional module carriers at Vard
Norwegian offshore shipbuilder Vard Holdings has secured a contract for the design and construction of two module carrier vessels for…
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Samkang M&T to build $400m shipyard in Iran
While all around it are struggling to get any orders, one South Korean yard is storming ahead with the best…
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Chinese ship repair facility to be established in Piraeus
Piraeus is set to have a new, large ship repair base, with local reports in Greece suggesting China Cosco Shipping,…
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DSME wins NASSCO design contract
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has won a $120m deal from an American shipyard to design two…
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Dyna-Mac ex-employee accused of stealing S$1m
Singapore-listed Dyna-Mac Holdings Ltd on Sunday said it has filed a police report in relation to suspected criminal conduct involving…
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Chengxi Shipyard secures floating dry dock order
Hawaii-based Pacific Shipyards International has signed a contract with CSSC-affiliated Chengxi Shipyard for the construction of a 7,500LT floating dry…
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