Shipyards
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Bank of China applies to liquidate Sainty Marine
Sainty Marine has announced that one of its creditors, a Nantong branch of Bank of China, has applied with Nanjing…
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Philly Shipyard secures $150m financing for product tanker quartet
Philly Shipyard, formerly Aker Philadelphia Shipyard, has secured a $150m loan facility from Caterpillar Financial Services Corporation to finance the…
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Triyards diversifies further with new oil barge contracts
Singapore’s Triyards has announced that it has secured contracts to build two oil barges worth $21.82m from new client CPC…
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Keppel Offshore & Marine scores four new contracts
Singapore’s Keppel Offshore & Marine has won four new contracts from repeat customers worth a total of around S$125m ($88.7m). Keppel…
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Abu Dhahi Ports and Gulf Marine Services team up on new offshore facility
Abu Dhahi Ports has signed a contract with Gulf Marine Services (GMS) that will see the creation of a new…
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New boss for Cochin Shipyard
India’s Cochin Shipyard will kick off 2016 with a new chairman and managing director, after appointing Madhu S Nair to…
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Creditors oppose financial aid for STX Offshore & Shipbuilding
Some creditors of financially troubled STX Offshore & Shipbuilding are opposing financial aid for the shipyard citing the gloomy outlook…
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CSSC Offshore & Marine Engineering leases Yangzhou shipyard to CSSC Chengxi
CSSC Offshore & Marine Engineering (COME) has announced that it has signed an agreement with sister firm CSSC Chengxi Shipyard…
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Gulf Island Fabrication to acquire LEEVAC Shipyards
Houston-based Gulf Island Fabrication has reached an asset purchase agreement with LEEVAC Shipyards top acquire all of LEEVAC’s assets for…
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Jasa Merin buys three chemical tankers from BHIC
Malaysia’s Jasa Merin has branched out into chemical tankers through the acquisition of three vessels from subsidiaries of Boustead Heavy…
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KC Maritime linked to cancelled bulk carrier newbuilding
Cosco Dalian says an Asia-based client has cancelled one of its two 82,000-dwt bulk carriers on order at the Chinese…
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Cosco Shipyard Group exploring changes to its asset structure
Cosco Shipyard Group is considering expanding its funding sources and optimising its asset structure, its listed Singapore parent said in…
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MMHE secures $122m new contracts
Malaysia Marine and Heavy Engineering Holdings Berhad (MHB) has announced that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering…
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Eight aframaxes for Tsuneishi
Helping prop up its own yard Japan’s Kambara Kisen has come in for an order of four aframax tankers at…
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Sinopacific Offshore gets $231m financial aid from CIMC Enric
CIMC Enric, an affiliate company of China International Marine Containers (CIMC), has announced that it has entered into a financial…
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Russian yard in negotiations for Iranian rigs worth ‘billions of dollars’
Krasnye Barrikady, a Russian shipyard which translates as Red Barricades, claims it is in line for a bumper series of…
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Hyundai Heavy preferred bidder for series of SK LNG ships
Hyundai Heavy Industries has been selected as preferred bidder to build a series of LNG ships for compatriot energy developer…
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DSME to issue $353m of new shares
Shareholders of struggling Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) have approved a plan to increase the ceiling of…
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Vittoria Shipyard threatens legal action against Romania in research vessel dispute
Vittoria Shipyard in Adria will take legal action, appealing even to the European Union, against the behavior of the Romanian…
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Cochin Shipyard to sign with GTT and start LNG ship construction
Cochin Shipyard is expected to sign a deal with France’s Gaztransport & Technigaz (GTT) to become India’s first shipbuilder to…
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