Shipyards
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Hyundai Mipo taps bonds market for first time since 2001
Seoul: For the first time in 14 years South Korea’s Hyundai Mipo Dockyard is tapping the bonds market to raise…
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Chinese yards hit by weakening yen
Seoul: A Korean analyst for J P Morgan has suggested that the weakening yen puts Chinese shipyards at even greater…
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Vard scores Kreuz Subsea contract
Singapore: Norwegian offshore shipbuilder Vard has secured a contract for the design and construction of a diving support and construction…
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Dae Sun wins boxship order
Seoul: Dae Sun Shipbuilding & Engineering has won an order for an 1,800 teu ship from Dongjin Shipping. Dae Sun…
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Mingde Heavy president’s equity auctioned
Shanghai: Sainty Marine announced that one of its guarantees of creditor’s rights to Mingde Heavy Industry has been compulsively auctioned…
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TSC Group sets up joint venture with Huangpu Wenchong Shipyard
Guangzhou: Hong Kong-listed TSC Group, a service provider serving both onshore and offshore drilling sectors, has signed an agreement with…
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Teekay’s three shuttle tankers to be built at Samsung
Athens: South Korea’s Samsung Heavy Industries is to build the three shuttle tankers ordered by Teekay Offshore Partners earlier this week.…
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Second auction of STX Dalian falls through
Dalian: Dalian Intermediate Court held an auction for two vessels at the bankrupt STX Dalian yesterday under the request of…
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Springfield to convert two more OBOs to VLCCs in Oman
Athens: Onassis-controlled Springfield Shipping is to convert two oil-bulk-ore (OBO) carriers to VLCCs at Oman Drydock Company (ODC), Oman. The Selma B (319,869…
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Trinidad Dry Dock: Caribbean repair facility nearly ready to be built
Point Lisas: A Caribbean ship repair business looks to be finally getting off the ground, in no small part aided…
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Jaccar Holdings teams up with Chinese firm to develop EPC business
Shanghai: Jaccar Holdings, the Luxembourg investment vehicle of Jacques de Chateauvieux, has signed a partnership agreement with Shanghai Watts Gallop…
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Korean bank looks at selling SPP to overseas yard
Seoul: Woori Bank, the main creditor of financially troubled SPP Shipbuilding, is looking at the possibility of a non-Korean yard…
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JES appoints CEO’s mother as chairman
Shanghai: Singapore-listed Chinese shipbuilding company JES International has announced that the board has appointed Chu Caixia as non-executive chairman of…
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Judger Shipbuilding starts restructuring process
Shanghai: Bankrupt Wenzhou-based private shipyard Judger Shipbuilding held its first creditors’ meeting yesterday, after the shipyard filed for bankruptcy restructuring…
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Cosco Guangdong delays two PSVs
Shanghai: Cosco Corporation has announced today that its subsidiary shipyard Cosco Guangdong has reached an agreement with an America owner…
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Yangzijiang to be delisted from TSE
Shanghai: Chinese private shipbuilder Yangzijiang Shipbuilding has announced that the company is to be delisted from Taiwan Stock Exchange (TSE).…
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Havyard counters offshore slump with 4-day working week
Oslo: More than 10,000 workers have lost there jobs in the Norwegian oil industry since the oil price began to…
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Keel laying for world’s largest icebreaker
St Petersburg: Russian shipbuilding took a bold new step forward yesterday with the keel laying at Baltic Shipyard of the…
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Tsuneishi invests in Indonesia
Tokyo: Japanese shipbuilder Tsuneishi Holdings plans to invest $40m to run a shiprepair business in Indonesia, and will subsequently consider…
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JES proposed restructuring rejected by court
Shanghai: Singapore-listed Chinese shipyard JES International Holdings has announced that its application for a restructuring has been rejected by Taizhou…
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