Shipyards
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Creditors ready Hanjin Heavy sale
The major creditors of financially troubled Hanjin Heavy Industries & Construction will put the shipbuilding group up for sale next month.…
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Cosco orders two roro ferries at GSI
Cosco Shipping Ferry has placed an order at Guangzhou Shipyard International for the construction of two multi-purpose roro ferries. Each…
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NYK seals landmark shipbuilding contract guaranteeing propulsion in actual sea conditions
Nippon Yusen Kaisha (NYK) has signed an agreement with major shipbuilder Japan Marine United Corporation (JMU) to introduce a new…
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Bank of Jiangsu to sell Taizhou Kouan debt via auction
China’s Bank of Jiangsu is looking to dispose of the creditor debt owed by Taizhou Kouan Shipbuilding via an online…
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Japan’s great shipbuilding joint venture put on hold
Japan’s two largest shipbuilders, Imabari Shipbuilding and Japan Marine United, will postpone their plan to establish a joint venture due…
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Nordic American Tankers orders suezmax pair at Samsung
Herbjorn Hansson-led Nordic American Tankers (NAT) has signed newbuilding contracts with South Korea’s Samsung Heavy Industries for two suezmax tankers.…
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Keppel Offshore & Marine seals pair of new contracts
Singapore’s Keppel Offshore & Marine has clinched a pair of contracts worth a total of around S$200m ($146.9m) via Keppel…
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South Africa plans ship recycling site on its west coast
South Africa is planning to create a Hong Kong Convention compliant ship recycling facility on its west coast. The site…
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Santoku Senpaku adds ultramax pair at DACKS
Japanese owner Santoku Senpaku has returned to Dalian COSCO KHI Ship Engineering (DACKS) for the order of two ultramax bulk carriers.…
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Eastern Pacific confirms newcastlemax order for BHP charter
Idan Ofer’s Singapore-headquartered Eastern Pacific Shipping (EPS) has placed orders with two Chinese yards for the construction of a total…
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Raffles Shipping orders MR tanker pair at Penglai Zhongbai Jinglu
Singapore-based Raffles Shipping has entered into shipbuilding contracts with Chinese yard Penglai Zhongbai Jinglu Shipbuilding for the construction of two…
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Indian shipbreaking yards set to suspend operations due to oxygen shortage
Indian shipbreaking yards have been forced to suspend operations as the country is facing a shortage of oxygen supplies due…
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Ship design simulation breakthrough gives owners unprecedented carbon footprint details
Shipowners will soon have a far better idea of their newbuild’s carbon footprint at the design stage thanks to a…
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Shanghai Bestway secures windfarm jackup platform contract
Shanghai Bestway Marine Engineering Design has announced that its subsidiary yard Dajin Heavy Industry has partnered up with Wuhan Marine…
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Shanghai Bestway restructuring approved by court
Shanghai Bestway Marine Engineering Design has announced that its restructuring plan has been approved by a local court. In June,…
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Tianjin Southwest Maritime orders VLEC pair for Zhejiang Satellite charter
Tianjin Southwest Maritime has entered into shipbuilding contracts with Jiangnan Shipyard for the construction of two 98,000 cu m VLECs…
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Sovcomflot and Novatek seal order for 10 LNG carriers at Zvezda Shipyard
Smart LNG, the shipping joint venture between Russian companies Sovcomflot (SCF) and Novatek, has signed contracts with Zvezda Shipbuilding Complex…
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Hyundai Heavy suspends operations at Ulsan yard due to coronavirus outbreak
South Korean yard Hyundai Heavy Industries (HHI) has temporarily suspended operations at its Ulsan yard after three workers tested positive…
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Huangpu Wenchong awarded gas hydrates drillship order
CSSC-affiliated Huangpu Wenchong Shipbuilding has won a tender to build China’s first gas hydrates drillship. The ship order is part…
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VLEC due for delivery next month suffers water ingress
A very large ethane carrier (VLEC) newbuilding under construction at South Korean yard Hyundai Heavy Industries (HHI) has been damaged…
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