July 5th, 20190Shanghai Intermediate People's Court has sentenced Sun Bo, former general manager of China Shipbuilding Industry Corporation (CSIC), to prison for 12 years. Sun was...
July 4th, 20191Brazilian authorities have executed a search warrant at Sembcorp Marine's Estaleiro Jurong Aracruz (EJA) in Brazil as part of Operation Car Wash...
July 4th, 20190The remarkably turbulent confluence of jittery shipping markets, tense geopolitics, encroaching environmental regulations and a slowing global economy saw recorded ship...
July 3rd, 20190Australian compressed natural gas (CNG) company Global Energy Ventures (GEV) has signed a letter of intent with Chinese shipyard CIMC Raffles for the construction of up...
July 3rd, 20190South Korean owner Sinokor has placed an order at domestic yard Samsung Heavy Industries for the construction of up to four 114,000 dwt aframax tankers. According to...
July 2nd, 20190China’s two state-run shipbuilding conglomerates - China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC)- have officially...
July 2nd, 20190Amid massive Asian shipbuilding consolidation, South Korea’s Hyundai Heavy Industries (HHI) has started the lengthy process of getting anti-trust regulators from...
July 1st, 20190The administrators of bankrupt Chinese yard Zhejiang Ouhua Shipbuilding have listed the yard's assets for sale via online auction scheduled for July 29. The assets to...
June 28th, 20190China Shipbuilding Industry Corporation (CSIC) has held a grand signing ceremony today for RMB14.3bn ($2.08bn) worth of new deals including newbuilding orders,...
June 28th, 20190Saudi Arabia will soon be able to build VLCCs on home soil. Saudi owner Bahri has signed an MOU with International Maritime Industries (IMI) and Hyundai Heavy Industries...
June 26th, 20190On a visit to South Korea today, top management at Saudi Aramco has firmed up ties with Hyundai Heavy Industries (HHI), the world’s largest shipbuilder. Saudi...
June 26th, 20190China State Shipbuilding Corporation (CSSC) has settled a dispute with Norwegian owner Torvald Klaveness relating to deficiencies on a bulker built by CSSC...
June 24th, 20190Singapore's Sembcorp Marine has been awarded a five-year S$2bn ($1.5bn) subordinated loan from its controlling shareholder, Sembcorp Industries. Sembcorp Industries...
June 19th, 20190Hyundai Mipo Dockyard in Ulsan has got series shipbuilding down to a fine art, reportedly setting a world record for the speed with which it is assembling ships this...
June 17th, 20190Bunge, a giant agribusiness shipper, has become the first in its industry to join the Ship Recycling Transparency Initiative (SRTI), a coalition aimed at increasing...
June 14th, 20197Sungdong Shipbuilding & Marine Engineering, once one of the top 10 largest shipbuilders in the world a decade ago, is on the verge of declaring bankruptcy, having...
June 14th, 20190Chinese shipbuilding group China Ocean Industry has entered into an agreement with Nantong Huachuan Transport Equipment for the sale and acquisition of a 60% equity...
Shipyards
