Shipyards
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Pharung Shipyard grabs more chemical tankers
Korean firm BS Shipping has ordered two 6,500 dwt IMO-II chemical tankers at Vietnam’s Pharung Shipyard. The vessels will deliver…
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Korean shipbuilding orderbook slides to 10-year low
The order backlog at South Korean shipyards has fallen to its lowest level in 10 years, according to data from…
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Indian state-run lines told to order locally
State-run shipping lines in India will have to order vessels locally after 2025, according to new Ministry of Shipping guidelines.…
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Fincantieri and Huarun Dadong team up for ship repair
Italian shipbuilding and ship repair group Fincantieri and China’s Huarun Dadong Dockyard have signed in Shanghai an exclusive cooperation agreement…
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Hundreds of thousands of Chinese shipyard workers face the axe
Reuters is reporting that China aims to lay off 5m to 6m state workers over the next two to three…
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GAIL delays LNG carrier tender again
GAIL India has delayed its long-awaited LNG carrier tender again. The state-run gas utility has put its $7bn tender for…
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Noble Corp jackup damaged in accident at Sembcorp’s Jurong Shipyard
Noble Corporation has announced that newbuild jackup rig, Noble Lloyd Noble, was damaged in an accident at Sembcrop Marine’s Jurong…
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Genting Hong Kong buys three German yards
Genting Hong Kong, whose subsidiaries include Star Cruises and other cruise brands, has come with an agreement with Nordic Yards…
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Y-Entec in for chemical tanker
South Korean diverse construction conglomerate Y-Entec has headed to Vietnam for a small chemical tanker. The Seoul-listed entity has chosen…
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Vard looks to new areas for business
Norwegian shipbuilder Vard Holding has announced a new diversification strategy aimed at reducing its dependency on the offshore business during…
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Dayang Shipbuilding to lay off 600 employees
Yangzhou Dayang Shipbuilding, an affiliate shipyard of Sinopacific Shipbuilding, is currently working on a restructuring plan. According to minutes from…
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Warsaw targets shipbuilding revival
The Polish government is pushing ahead with plans to try and revitalise the nation’s shipyards. The Ministry of Development is…
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Sinopacific Shipbuilding closes ship design operations in Shanghai
Sinopacific Shipbuilding is getting rid of its ship design department in Shanghai, letting go of more than 50 employees in…
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Shandong Huahai’s last newbuilding off to Oldendorff
Several broker reports link German bulk specialist Oldendorff to last week’s auction of an unfinished handysize sold ‘as is’ for…
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SPP Shipbuilding back in business
SPP Shipbuilding is officially back in business. The Korean yard, stymied by creditors from issuing refund guarantees for months, is now…
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Ultrapetrol listing moved to Nasdaq Capital Market
Ultrapetrol has transferred its public listing to the Nasdaq Capital Market from the Nasdaq Global Select Market after failing to…
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Blaze on former Pemex oil products tanker at Mexican shipyard
A blaze broke out on a former Pemex oil products tanker at the TNG (Talleres Navales del Golfo) naval shipyard…
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Nakilat eyes new acquisitions
Nakilat, the state-run Qatari LNG transport vehicle, has said it will “exploit future opportunities to acquire new business opportunities”, serving…
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DSME closes Canadian subsidiary
Struggling South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has closed its metal fabrication facility in Canada as part…
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Otto Marine wins newbuild contracts from Indonesia
Singapore-listed Otto Marine has announced that its offshore shipyard has branched out to secure three new shipbuilding contracts worth $23m…
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