Shipyards
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Shipyards pitched to build new marine-based nuclear power plant
Portland-based NuScale Power and Canada’s Prodigy Clean Energy have announced a new conceptual design for a transportable and marine-based small…
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Splash Extra: Newbuild prices show first signs of decline
The October issue of Splash Extra leads with data showing that newbuild prices have peaked, news that will be studied…
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Yangzijiang becomes first private Chinese yard to win LNG orders
Chinese shipbuilder Yangzijiang Shipbuilding has marked its entry into the LNG sector, landing a contract from an undisclosed European customer…
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Malaysia’s Surya Nautika books four fast crew suppliers at Strategic Marine
Singapore-based shipbuilder Strategic Marine has secured an order from Malaysian operator Surya Nautika for a quartet of fast crew supply…
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Havyard to change name to Eqva
Norwegian ship technology group Havyard is set to change its name to Eqva to echo the company’s growth strategy and…
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Teekay sends FPSO for scrap in Denmark
Teekay Corporation has contracted Modern American Recycling Services (MARS) for green recycling of its 1996-built floating production storage and offloading…
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Sembcorp Marine scores FLNG conversion work for New Fortress Energy
Singapore’s Sembcorp Marine has sealed a deal with US liquified natural gas (LNG) player New Fortress Energy for the engineering…
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Borr Drilling offloads jackup rig in $120m deal
Tor Olav Trøim-backed jackup rig owner Borr Drilling has struck a deal with an unrelated third party to sell one…
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Shell and Hyundai Heavy partner on pioneering fuel cell project
Korean shipyards believe fuel cells offer shipping a path to decarbonisation. Hyundai Heavy Industries has followed the lead taken by…
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H-Line back in Guangzhou for more car carriers
H-Line has eschewed ordering on home soil for its latest fleet expansion. Multiple broking reports list the Korean outfit ordering…
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MMHE awarded solar-powered platform contract by Shell
Malaysia Marine and Heavy Engineering (MMHE), a wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), has…
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China Merchants Heavy Industry enters LNG sector with GTT licence deal
More Chinese shipbuilders are moving into the LNG carrier construction arena, with China Merchants Heavy Industry Jiangsu (CMHI Jiangsu) sealing…
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Rebranded South Korean shipyard seals newbuild orders from Euronav and Atlas Maritime
South Korean yard DH Shipbuilding, formerly Daehan Shipbuilding, has recently welcomed two European owners, each placing orders for a pair…
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Yangzijiang Shipbuilding bags 22 newbuild orders
Chinese shipbuilder Yangzijiang Shipbuilding has sealed new shipbuilding contracts for 22 vessels worth around $2.5bn, taking its total orderbook over…
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Canada’s Ocean Group acquires Verreault shipyard
Quebec-based Ocean Group has acquired one of Canada’s largest shipyards from Groupe Maritime Verreault. The Verreault shipyard, located close to…
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Petrobras returns to Singapore for more FPSOs
Brazilan state-controlled oil giant Petrobras has placed an order with Singapore shipbuilder Sembcorp Marine for the construction of floating production…
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British rotor sail manufacturer ties with COSCO’s shipyard division
Anemoi Marine Technologies, a UK provider of rotor sails, has reached an agreement with COSCO Shipping Heavy Industry (CHI), one…
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Excelerate Energy presses ahead with FSRU newbuild in South Korea
Texas-headquartered Excelerate Energy is pressing ahead with a newbuild floating regasification and storage unit (FSRU) in South Korea, following a…
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Macron’s right-hand man investigated over his ties to MSC
In a long running investigation, prosecutors in France have said they will pursue Alexis Kohler, Emmanuel Macron’s chief of staff,…
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Pelagic Partners comes onboard giant new Saudi fund
Saudi Arabian shipyard International Maritime Industries (IMI) has created a giant new shipping fund in Cyprus to be managed by…
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