Shipyards
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Another creditor files for THHE Fabricators to be wound up
A third creditor has filed a petition with the Kuala Lumpur High Court of Malaya to wind up THHE Fabricators,…
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Stolt-Nielsen chooses Keppel for a pair of new LNG tankers
Oslo-listed Stolt-Nielsen has decided to award the construction of two (with options for further two) LNG tankers with 7,500 cu…
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Court cases rack up against STX Offshore & Shipbuilding
Troubled South Korean shipyard STX Offshore & Shipbuilding has admitted a slew of court cases are heaping pressure on the…
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Euroseas switches Yangzijiang order to an option, cancels Dayang newbuilding
Greek owner Euroseas has signed an addendum to its shipbuilding contract with China’s Yangzijiang Shipbuilding for the construction of a…
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Shipping cycles: something nasty in the woodshed?
Before reading on, do take a look at what I wrote yesterday about shipping cycles. There are two nasty things…
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Former Korea Development Bank chairman linked to DSME fraud scandal
The multi-billion dollar accounting fraud scandal that has rocked Daewoo Shipbuilding & Marine Engineering stepped up a gear today with…
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Firefighter injured in blaze at Sembcorp Marine yard
A fire broke out in the engine room of a heavy lift vessel yesterday afternoon at Sembcorp Marine’s Tuas Boulevard Yard,…
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Dry dockings lag behind other asset-intensive operations
Industry benchmarking and assessment firm AP-Networks looks at dry docking practice and performance trends. Asset Performance Networks has announced the…
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Fraser Shipyards fined almost $1.4m for exposing workers to unsafe levels of lead
A Wisconsin shipyard has been fined almost $1.4m for exposing its workers to levels of lead way beyond the legal…
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BW orders VLCC pair at DSME
Singapore’s BW Group has placed orders to build a pair of VLCCs at Korea’s Daewoo Shipbuilding & Marine Engineering (DSME),…
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Vard secures contract for three vessels
Vard Holdings has announced it has secured a $70m contract for the design and construction of three vessels for an…
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Adani adding ship recycling plant at Mundra
Adani Ports and Special Economic Zone is bolstering facilities at one of its flagship facilities by adding a ship recycling…
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Workers protest against Yangzhou Guoyu Shipbuilding
A number of workers from defunct Yangzhou Guoyu Shipbuilding protested against the shipyard at Yizheng local government this week over…
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Shipyard order sparks political debate in Malaysia
TH Heavy Engineering Berhad (THHE) has been awarded a RM740m ($181.3m) government contract to build three offshore patrol vessels (OPV)…
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Hyundai Heavy turns the corner, back in the black
The world’s largest shipbuilder looks to have turned the corner financially ahead of its Korean peers. Hyundai Heavy Industries today…
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McDermott and N-KOM to cooperate on Qatar offshore projects
McDermott International and Nakilat-Keppel Offshore & Marine (N-KOM) have signed an exclusive five-year cooperation agreement to engage in offshore engineering, procurement,…
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Penta-Ocean orders landmark vessel at JMU
Japan’s Penta-Ocean Construction has tapped compatriot Japan Marine United (JMU) to build the first domestically made self-elevating platform-type multi-purpose hoist…
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Workers protest at Huatai Heavy Industry
Shipyard workers at Nantong-based Huatai Heavy Industry have started a strike this morning, protesting against the shipyard over unpaid salaries,…
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Explosion on tanker at Chinese repair yard, one dead and two missing
An explosion occurred onboard a tanker at Jingjiang Huaxin Ship Repair in Jiangsu, China yesterday, the local work safety administration…
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Ship arrested over unpaid repair charges
Singapore-listed Otto Marine’s Batam shipyard subsidiary has forced the arrest of chemical tanker for unpaid ship repair-related charges. PT Batamec…
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