Shipyards
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Triyards diversifies further with escort tug contract
Singapore’s Triyards Holdings has further expanded its offerings in what is a difficult market for its traditional liftboat market, winning…
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Cosco gets $3.14bn financing from China Development Bank
China’s Cosco Shipyard has secured RMB20bn ($3.14bn) in financing from the Dalian branch of China Development Bank, which will be…
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STX Offshore & Shipbuilding on the brink
STX Offshore & Shipbuilding is on the verge of liquidation unless a large amount of money can be pumped into…
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South Korea to check profitability of all ship orders
The South Korean government has announced that the state-run financial institutions will commence profitability checks on shipbuilding orders and large…
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Mega ship repair yard planned for northeast Brazil
Plans are under way for a huge new ship repair yard to be built near the Port of Cabedelo in…
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Saudi Aramco eyes JV yard with Hyundai Heavy
Having just put one planned yard with Singapore’s Sembcorp Marine on the backburner, Saudi Aramco is eyeing up Hyundai Heavy…
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Seven yards make China’s new offshore white list
China’s Ministry of Industry and Information Technology (MIIT) has released the first white list for offshore shipyards, having issued a…
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Navigator orders midsize LPG carrier at Hyundai Mipo
Navigator Holdings has announced today that it has entered into a contract with Korea’s Hyundai Mipo Shipyard for the construction…
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Paragon Offshore delays jackup rig delivery at Waigaoqiao
Paragon Offshore has announced that a wholly-owned subsidiary of the company has signed an agreement with Shanghai Waigaoqiao Shipbuilding to…
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Vard secures second offshore vessel contract for 2015
Singapore-listed Vard Holding has announced that it has secured a new contract for the design and construction of an offshore…
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More Sainty Marine contracts cancelled
Sainty Marine has announced that it has cancelled shipbuilding contracts for two 84,000dwt bulkers after negotiations with a Greek owner,…
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Another fire at DSME kills one, injures seven
A fire broke out at Daewoo Shipbuilding & Marine Engineering’s Okpo Shipyard today, which has killed one worker. Another seven…
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Sainty Marine to extend stock suspension
Sainty Marine has announced that it has applied with Shenzhen Stock Exchange to extend its stock suspension, as it requires…
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Sainty Marine wins arbitration
Sainty Marine has announced that it has received rulings from Hong Kong International Arbitration Center (HKIAC) regarding two shipbuilding contract…
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DSME selling Seoul headquarters
As is common among struggling shipping-related firms in South Korea, the extremely centrally-located Seoul headquarters of Daewoo Shipbuilding & Marine…
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DSME to slash order intake by 20%
Daewoo Shipbuilding & Marine Engineering (DSME), one of the largest shipyards in the world, will cut the amount of orders…
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Naftomar orders two VLGCs at Jiangnan Shipyard
Greek owner Naftomar Shipping & Trading has ordered one 84,000 cu m VLGC at CSSC-affiliated Jiangnan Shipyard, with an option…
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Giant leap for unmanned kinds?
Katherine Si charts China’s efforts to build autonomous ships. The debate surrounding autonomous ships is hot right now, brought up…
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Nordic Hamburg orders four feeder boxships at Huatai Heavy Industry
German owner Nordic Hamburg has signed shipbuilding contracts with Nantong-based Huatai Heavy Industry for the construction of four 1,400teu dual-fuel…
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SK denies DSME takeover talk
SK Group, South Korea’s third largest conglomerate, today denied it was taking over troubled yard Daewoo Shipbuilding & Marine Engineering…
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