Shipyards
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Unithai expands in Ranong
Unithai Shipyard and Engineering, Thailand’s topr shipyard, has expanded its operations to a deepsea port in Thailand’s western Ranong province.…
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Creditors approve restructuring plans of South Korea’s largest yards
South Korea’s largest two shipyards – Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) – have had their restructuring…
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Otto Marine takeover in the works
Singapore’s Otto Marine, an offshore yard and vessel operator, has revealed an unidentified firm is looking at buying the company.…
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CIMC Enric terminates Sinopacific Offshore acquisition
CIMC Enric, an affiliate company of China International Marine Containers (CIMC), has announced that it has terminated the acquisitions of…
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Tropical Shipping orders four feeder boxships at Huangpu Wenchong
CSSC-affiliated Guangzhou Huangpu Wenchong Shipbuilding has signed shipbuilding contracts with US-based Tropical Shipping for the construction of two 1,100teu containerships…
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Sainty Marine settles with Celsius Shipping over cancellation
Sainty Marine has announced that it has reached settlements with a shipowner, which is believed to be Celsius Shipping, to…
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Debts at Korea’s top yards soar past KRW100trn
The combined debt held by South Korea’s top nine shipbuilders topped KRW100trn won ($84.7bn) last year according to the data…
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ABG Shipyard CEO resigns
India’s ABG Shipyard has announced that the board have accepted the resignation of its managing director and ceo Syed Abdi.…
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Shipbuilders’ Kodak moment
Shipbuilders are about as good at predicting the future as senior management at film makers Kodak were at the time…
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Court to decide STX yard’s fate
STX Offshore & Shipbuilding officially filed an application in Seoul for court receivership late on Friday. The court will now…
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Heung-A in for chemical pair at Dae Sun
Dae Sun Shipbuilding & Engineering has won an order to build two 6,500 dwt chemical tankers from Heung-A Shipping. The…
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Shanghai Shipyard eyes joint venture with Mitsui
Shanghai Shipyard, an affiliate yard of China State Shipbuilding Corporation (CSSC), is looking to form a joint venture with Japan’s…
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CSIC starts integration of subsidiary shipyards
China Shipbuilding Industry Corporation (CSIC), one of China’s two state run shipbuilding conglomerates, have started the internal integration of its…
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IMF questions Seoul’s maritime rescue plan
The International Maritime Fund (IMF) has weighed into and criticised Seoul’s efforts to save its leading shipping lines and shipbuilders.…
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Welder sues Fraser Shipyards for exposure to toxic levels of lead
Fraser Shipyards of Superior in Wisconsin is facing a lawsuit from a worker alleging he suffered lead poisoning because of…
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STX becomes the highest profile casualty in Korean shipbuilding
The lead creditor of STX Offshore and Shipbuilding, a major South Korean shipbuilder, has confirmed the yard will enter court…
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SM Group pulls away from SPP yard buyout
Samra Midas Group (SM Group) has pulled out of plans to buy one of the three yards belonging to SPP…
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Major restructuring of northern Chinese yards
China Shipbuilding Industry Corp, one of the country’s two major state-run shipbuilding conglomerates, will integrate six of its shipyards into…
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Court receivership beckons for STX Offshore & Shipbuilding
One of South Korea’s largest shipyards is likely to enter court receivership, as early as today, its creditors have decided,…
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Sembcorp Marine will defend itself ‘rigorously’ in Sete Brasil fraud case
Singapore shipbuilder Sembcorp Marine on Tuesday issued a media statement in which it acknowledged news reports last week that identified…
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