Shipyards
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Shipping-related football clash looms
Shanghai: The new season of the China Football Super League will kick off tomorrow. Shanghai SIPG Football Club (SIPG FC),…
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Petrobras scandal could drag Samsung Heavy Industries into the spotlight
San Francisco: The corruption scandal swirling around Brazil’s state-controlled oil giant Petrobras could be about to thrust one of the…
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CNOOC and China Shipping ink LNG shipmanagement contract
Shanghai: CNOOC Energy Development, a subsidiary of state-run energy giant CNOOC, has signed a shipmanagement contract with China Shipping LNG…
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Rongsheng Heavy Industries suspends warrant issue
Shanghai: Financially troubled Rongsheng Heavy Industries, one of the largest private shipyards in China, has announced that it will not…
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Celsius Shipping returns to Mingde Heavy Industry
Shanghai: Sainty Marine has announced that it has signed shipbuilding contracts with four single vessel companies controlled by Celsius Shipping…
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Grimaldi to order five car carriers in China this month in $300m deal
London: Italy’s Grimaldi Group is in the process of selecting a Chinese shipyard from which to order five giant car…
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JES International seeks court protection
Singapore: In a flurry of releases to the Singapore Exchange, Chinese shipyard JES International announced a large restructuring and halted…
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Court freezes assets of Mingde Heavy president
Shanghai: A spat between two shipyard bosses has gone to court. Sainty Marine has announced that Jiangsu Superior People’s Court…
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McDermott wins Indonesia subsea fabrication contract
Houston: McDermott International has been awarded a sizeable manifold and subsea safety isolation valve module fabrication contract by FMC Technologies…
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GSI restructuring approved by authorities
Guangzhou: Shanghai and Hong Kong dual listed Guangzhou Shipyard International has announced that China Securities Regulatory Commission has approved its…
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Techmarine raising cash for Samjin takeover bid
Seoul: Korean ship software pioneer Techmarine is seeking to raise additional cash to help buy out the assets of a…
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Guangzhou Shipyard International relocation delayed
Guangzhou: Guangzhou Shipyard International (GSI)’s relocation plan has been delayed. The shipyard scheduled to relocate its main shipbuilding base to…
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Anti-corruption authority investigates Cosco and CSIC
Shanghai: The central government’s anti-corruption sweep on state-run companies continues. Following investigations into China State Shipbuilding Corporation (CSSC), China Shipping…
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ABG Shipyard on the lookout for white knight
Mumbai: The Ahmedabad-based Adani Group, the Mahindra Group and a couple of overseas institutional investors, including one from Singapore, are…
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Abu Dhabi Ship Building diversifies
Dubai: Given the extreme competition among shipyards in the region Abu Dhabi Ship Building has chosen to diversify into naval…
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Theodor Buschmann: African expansion
Hamburg: A German shipyard is expanding overseas, establishing subsidiaries in Africa and the Mediterranean and looking for more international possibilities.…
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Standard supervision contract looks like a job for SUPERMAN
Copenhagen: Shipmanagement executives with input from key insurance and legal representatives are developing a new standard supervision contract for newbuildings and conversions. The…
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Baosource orders two
Dalian: Korean shipbuilding news site, Asiasis, reports that Baosource Shipping, a Shanghai firm, has ordered a pair of small bulkers.…
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Wisdom back in Japan for another bulker
Taipei: Fast expanding dry bulk operator Wisdom Marine is spending $22m on another Japanese bulker. The Taiwanese line has opted…
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Iran seeks to boost rig construction capabilities
Dubai: In a bid to develop its nation’s offshore construction capabilities National Iranian Oil Company (NIOC) has banned its subsidiaries…
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