Shipyards
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Damen suggests PSV conversions to remedy lay-ups and oversupply
Idled platform support vessels (PSVs) could be converted into specialised vessels for sectors such as aquaculture, shipping and defence, says Damen…
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Pakistani shipbreakers form cartel as scrap prices heat up
Members of the Pakistan Shipbreakers’ Association (PSBA) have formed a cartel in order to control rising prices on tonnage bound…
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Imabari Shipbuilding expands further
No one seems to have told Imabari Shipbuilding that Japanese yards are on the decline. The shipbuilder, which has surpassed…
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Fire hits Sinopacific Offshore at Qidong
CIMC-controlled Sinopacific Offshore & Engineering’s Qidong yard caught fire yesterday, and a large quantity of shipbuilding materials have been destroyed…
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Zhonggu Shipping orders feeder boxship at Changhong International
Shanghai Zhonggu Shipping has signed a shipbuilding contract with Zhoushan Changhong International Shipyard for the construction of a 2,500teu containership.…
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Chinese shipyard order volumes slump 75%
According to statistics released by China Association of the National Shipbuilding Industry (CANSI), Chinese shipyards received new orders of 950,000dwt…
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Haniin Heavy and creditors agree new deal
South Korean shipyard Hanjin Heavy Industries & Construction will head into joint management with its creditors within the next six…
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CMES orders 10 valemaxes at three domestic yards
China Merchants Energy Shipping (CMES) has announced that it has officially signed shipbuilding contracts for the construction of ten 400,000dwt…
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Pioneer scratches five handy orders
Singapore-based bulker player Pioneer Marine has terminated five handysize newbuild contracts at Yangzhou Guoyu Shipyard. The instalments paid in relation…
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CIMC Raffles to layoff employees
Offshore builder CIMC Raffles is looking to layoff employees amid the depressed market conditions in the offshore sector. A source…
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Samla Midas a step closer to SPP yard takeover
The on/off takeover of one of the yards controlled by SPP Shipbuilding is now finally on track. Samla Midas Group,…
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CSSC to invest $2.3bn to develop Longxue Shipbuilding base
Chinese state run shipbuilding conglomerate China Sate Shipbuilding Corporation (CSSC) is planning to invest RMB15bn ($2.3bn) in total in the…
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Two senior officials of Sainty Marine quit
Financially troubled shipyard Sainty Marine has announced that two vice general managers of the company – Weng Jun and Jiang…
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China Ocean Industry terminates gas sector acquisition
Hong Kong-listed China Ocean Industry, formerly China Ocean Shipbuilding Industry, has announced that it has terminated a plan announced in…
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Protesters block Fujian yard
Several employees from defunct Fujian Crown Ocean Shipbuilding blocked the entrance of the shipyard on Saturday to protest against an…
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Woolim in for chemical pair
Local Korean tanker player Woolim Shipping has gone to compatriot yard, Yeunsoo Heavy Industries, for three 6,600 dwt IMO II…
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Hyundai Samho bags Middle Eastern suezmax orders
South Korea’s Hyundai Samho Heavy Industries has bagged an order for a pair of 158,000 dwt coated suezmaxes from (AMPTC),…
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Sinopacific Shipbuilding settles with Shanghai employees
Financially troubled Sinopacific Shipbuilding has signed settlement agreements with its Shanghai employees, under the mediation of a local labour arbitration…
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Two dead after bulker catches fire at CSSC Chengxi Shipyard
A 64,000dwt bulk carrier under construction at CSSC Chengxi Shipyard caught fire yesterday, leading to the death of two shipyard…
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SPP takeover in doubt
The planned takeover of part of SPP Shipbuilding by fellow Korean firm Samla Midas Group (SM Group) has run into…
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