Shipyards
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American shipyards hit out at critics of the Jones Act
American shipyards yesterday issued a fierce rebuttal of repeated links between the Jones Act and the sinking of the 40-year-old…
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Triyards clinches $100m in new orders
Singapore-listed Triyards has announced that it has received $100m worth of new orders including three chemical tankers, two high speed…
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Crane collapses at Longshan Shipyard, one worker dead and one missing
A crane has collapsed early morning on Saturday during repair work at Longshan Shipyard, a ship repair yard in Zhoushan.…
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ZPMC to take legal action against Petrofac over $1bn contract termination
China’s Shanghai Zhenhua Heavy Industries (ZPMC) has announced that it will take legal measures against Petrofac following the $1bn cancellation…
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Nantong Dongxin Shipbuilding to be liquidated
A local court in Nantong has ruled to liquidate the assets of Nantong Dongxin Shipbuilding, at the request of a…
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Louisiana shipyard fined for retaliation against employee who brought discrimination case
A Louisiana shipyard will have to pay an undisclosed civil penalty fine and $15,000 in back pay to an employee…
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Yangzijiang enters products sector with Bangladeshi order
While other Chinese shipyards are struggling to get orders, the nation’s top private shipbuilder continues to net new intakes. Yangzijiang…
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Lomar back at Wenchong for more boxships
Guangzhou Wenchong Shipyard, part of state-run shipbuilding group CSSC, has won an order to build a pair of 2,700 teu…
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China Ocean Shipbuilding turns to carpark management to escape shipping doldrums
Hong Kong-listed China Ocean Shipbuilding has announced that it has entered into an agreement with Pacific Greatest Limited for the…
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Sevan Drilling delays Developer deadline with Cosco
Sevan Drilling and Cosco Corporation have agreed to delay the end of the first deferral period for cylindrical ultra deep…
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China Shipping Industry admits safety management oversight
China Shipping Industry, the shipbuilding unit of China Shipping Group, suspended all operations at its Shanghai yard yesterday for safety…
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Mingde Heavy Industry liquidation plan passed by creditors
Sainty Marine has announced that the creditors of bankrupt Mingde Heavy Industry have passed a plan to liquidate the yard’s…
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Accident at China Shipping Industry yard, one dead
Eight workers at China Shipping Industry’s Shanghai yard at Changxing Island fell off a vessel yesterday evening while they were…
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Dae Sun closes in on annual target with raft of orders
South Korean small boxship specialist Dae Sun Shipbuilding & Engineering is expected to nail down a series of orders soon.…
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Overseas losses add to DSME’s woes
Another huge hole in the accounting books of South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) is likely to…
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Seoul reticent on who will run STX’s shipyards
Korean shipbuilding musical chairs has set the rumour mill into overdrive. Seoul’s ambition to streamline the number of shipbuilders in…
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Coastal Contracts goes to arbitration to settle dispute with CIMC Raffles Offshore
Offshore service provider Coastal Contracts has announced that its subsidiary, Thaumas Marine, has filed a notice of arbitration with the…
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Zhenghe Shipbuilding seeks new investors to rescue yard
Defunct Zhenghe Shipbuilding, a subsidiary of Qingdao Zhenghe Shipping, has made an announcement that it is looking for new investors…
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Petrofac terminates $1bn deepwater construction vessel contract at ZPMC
Oil and gas service provider Petrofac has announced that it has terminated a contract with Chinese builder Shanghai Zhenhua Heavy…
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‘Some of the designs coming out of China have been pretty poor’: Stopford
Speaking in familiar territory Clarkson’s Dr Martin Stopford upbraided the shipping industry this morning as keynote speaker at the Danish…
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