Shipyards
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Zhejiang Shipbuilding seeks new investors
Zhejiang Shipbuilding, the bankrupt subsidiary yard of Sinopacific Shipbuilding, has made an announcement it is seeking new investors to finance…
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Vard lays off entire workforce at Norwegian yard, shuts down Brazilian yard
Norwegian offshore shipbuilder Vard is facing major challenges amid the doldrums in the offshore sector resulting in layoffs, temporary layoffs…
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Samsung Electronics supports yard with share purchase
Samsung Electronics will buy new shares in Samsung Heavy Industries (SHI) to help the yard’s liquidity crunch. “Samsung has no…
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Cochin Shipyard adding new drydock
Indian shipyard Cochin Shipyard has been given the greenlight by the Cabinet Committee for the construction of a new drydock…
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Keppel to build dredgers for Jan De Nul
Singapore-based shipyard Keppel Singmarine has won a S$100m ($73.6m) contract to build three trailing suction hopper dredger vessels (TSHD) for…
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Yangfan Shipbuilding on edge as financial troubles heighten
Despite a recent attempt made with the local government to help it overcome cash flow problems, Yangfan Shipbuilding Group’s financial…
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Guangzhou Huangpu starts marketing pair of ultramaxes
Broking sources tell Splash Guangzhou Huangpu Shipbuilding has started marketing a pair of ultramaxes that Hong Kong’s KC Maritime has…
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Samsung Heavy linked to giant Indian FSRU contract
A report out by Seoul-based Hi Investment & Securities suggests Samsung Heavy Industries (SHI) is on the cusp of winning…
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Almi in for pair of VLCC newbuilds
Greece’s Almi Maritime has ordered two VLCCs at Hyundai Heavy Industries. The ships are costing around $85.5m each with delivery…
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Worker falls to his death at Hyundai Heavy
A 39-year-old worker became the eighth man yesterday to die this year at a yard controlled by Hyundai Heavy Industries…
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CSBC wins court case against former president
Taiwanese shipbuilder CSBC Corporation has announced that the Supreme Court of Taiwan has made a final ruling yesterday on a…
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Indian yard workers go on hunger strike
Around 350 workers of Western India Shipyard have gone on hunger strike protesting parent firm ABG Shipyard’s failure to pay…
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Samsung Heavy close to winning first contract of the year
Samsung Heavy Industries’ (SHI) barren spell is likely to come to an end soon. The major Korean yard has been…
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Third Mingde Heavy Industry auction fails
The third round of auctions for bankrupt Nantong Mingde Heavy Industry has failed yesterday due to there being no bidders…
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Toll Shipping orders two roro ships at Jinling Shipyard
Australia’s Toll Shipping has signed shipbuilding contracts with Sinotrans & CSC affiliated Jinling Shipyard for the construction of two 12,000dwt…
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Product tanker explodes in Vietnam dry dock
Six workers were badly burnt during an explosion onboard a product tanker at a dry dock in Hai Phong, Vietnam…
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Japanese yards on edge as orderbook dries up
A strong Yen and very limited appetite for new tonnage has pushed Japanese shipyards into a dangerous position. New orders…
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Hyundai Heavy enters floating power plant business
Korea Midland Power (KOMIPO) has signed a memorandum of understanding (MOU) with Hyundai Heavy Industries to create a floating power…
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Jinhai Heavy Industry plans $448m upgrade
HNA-affiliate shipyard Jinhai Heavy Industry has announced that it will invest RMB3bn ($448m) to upgrade the yard over the next…
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Giant strike planned at Korea’s top yards
Workers at eight of South Korea’s largest shipyards will go on strike on July 20 as a protest to the…
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