Shipyards
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Hengli buys STX Dalian
One of the largest shipbuilding bases in China is being resuscitated after an eight-year hiatus due to bankruptcy. Hengli Heavy…
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Boxship orderbook now larger than both the tanker and bulker orderbooks in dwt for the first time
The incredibly skewed global orderbook continues to throw up all manner of records, with long-term ramifications for the main shipping…
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Korean methanol dual-fuel VLCC design gets stamp of approval
South Korean shipbuilder Hyundai Heavy Industries (HHI) has developed a methanol dual-fuel very large crude carrier (VLCC). The vessel’s design…
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Korean shipbuilding giant DSME enters crisis mode
For all the talk of full orderbooks and rising newbuild prices, not every shipyard is enjoying today’s market conditions. Top…
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PIL taps Yangzijiang for LNG-fuelled boxship quartet
Singapore’s Pacific International Lines (PIL) has placed an order at Yangzijiang Shipbuilding in China for the construction of four 8,000…
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New boxship entrant orders up to eight feeders at Huangpu Wenchong
CA Shipping, a newly formed joint venture between CSSC Shipping’s Fortune Container Carriers and ASL Navigation, has placed an order…
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World’s first eighth-generation drillship readies to enter service
The first-ever newbuild eighth-generation drillship, the , has been delivered in Singapore by Sembcorp Marine to offshore drilling contractor Transocean.…
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ESL Shipping adds to electric hybrid bulker orderbook
AtoB@C Shipping, a Swedish subsidiary of ESL Shipping, part of the Aspo Group, has declared an option for an additional…
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China Merchants books two more aframax tankers at Dalian
China Merchants Energy Shipping (CMES) has returned to Dalian Shipbuilding Industry (DSIC) for more aframax tankers. Clarksons is reporting the…
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CDB Leasing in for more New Dayang bulkers
China Development Bank Financial Leasing (CDB Leasing) has returned to New Dayang Shipbuilding with a new deal worth up to…
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Cash-strapped Lamprell in takeover talks
Financially troubled Lamprell has seen its shares plummet as it said it was exploring funding options and that it had…
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MOL taps local yards to develop ammonia-powered gas carrier
Japan’s Mitsui OSK Lines (MOL), Tsuneishi Shipbuilding and Mitsui E&S Shipbuilding have launched a joint project aimed at developing and…
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Samsung Heavy rakes in orders for 14 LNG carriers worth $3bn
South Korea’s Samsung Heavy Industries has landed orders for the construction of 14 liquefied natural gas (LNG) carriers worth around…
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Kumiai Navigation signs up for LPG-fuelled VLGC at Kawasaki Heavy
Singapore-based Kumiai Navigation has ordered a liquefied petroleum gas (LPG)-fuelled 86,700 cu m very large gas carrier (VLGC) at Japanese…
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Libra Group acquires Jones Act-compliant shipyard
George Logothetis-led Libra Group has, through its subsidiary Americraft Marine, acquired Florida-based St. Johns Ship Building, a shipyard specialised in…
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Germans pioneer new form of green recycling
In Germany, a world-first operation is underway to pioneer a near emissions-free recycling of a vessel.Cuxhaven-headquartered Leviathan is behind the…
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Seatrade inks deal in China for four newbuilds
Seatrade, the Dutch reefer specialist, has gone to China for its latest fleet expansion. Clarkson Research Services reports in its…
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Acta Marine orders pair of methanol powered CSOVs
Dutch offshore vessel owner Acta Marine has placed an order at the Turkish shipyard Tersan for the construction of two…
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Boxship newbuild prices break records
Japanese owners are paying record sums for the latest megamax containerships, further evidence of today’s sky-high charter environment and the…
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Saipem books CIMC jackup for Saudi Aramco contract
Ocean Challenger, the asset management company of CIMC, has recently entered into a charter contract with Italy’s Saipem for the…
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