Shipyards
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CSSC Shipping appoints new chairman
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has announced the appointment of Zhong Jian as the…
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AVB orders bulker sextet at Yangzijiang
Hamburg-based Ahrenkiel Vogemann Bolten (AVB), a joint venture of Ahrenkiel Steamship, H. Vogemann and Aug. Bolten, has placed an order…
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Dynacom declares suezmax option at New Times
Greek owner George Procopiou’s Dynacom Tankers has declared an option for the construction of a 158,000 dwt suezmax tanker at…
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CDB Leasing signs for eight newcastlemaxes at Chinese yards
China Development Bank Financial Leasing (CDB Leasing) has announced via the Hong Kong Stock Exchange orders for eight 210,000 dwt…
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Tanker ordering tipped to hit historic lows through to 2024
After a weighty amount of tanker deliveries through to the end of 2021 a new report out is suggesting tanker…
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Slippage permeates through this year’s ship delivery schedule
Clarksons Research is reporting that the global newbuilding delivery schedule this year will see signifiant slippage. Globally, output in 2020…
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Asahi Tanker orders MR pair at Onomichi
Onomichi Dockyard has won an order from Asahi Tanker for two MR product carriers. The Tier III, 50,000 dwt vessels…
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Royal IHC gets new owners
Dutch shipbuilder and equipment supplier Royal IHC is getting new owners after a heads of agreement was reached with a…
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Keppel Offshore & Marine reduces local workforce by over 20,000
Singapore’s Keppel Offshore & Marine has temporarily reduced its workforce by more than 95% at its local yards due to…
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Wison enters large-scale LNG carrier market with new design
Chinese offshore yard Wison Offshore & Marine is looking to enter the large scale LNG carrier market after the company’s…
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BoComm Leasing confirms order for 12 LR2 tankers at CSSC for Shell charter
BoComm Financial Leasing, the leasing arm of Bank of Communiciations, has entered into shipbuilding contracts with two CSSC yards for…
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Imabari presses ahead with project to build world’s first LPG-fuelled cape
Imabari Shipbuilding, Japan’s largest shipbuilder, is pressing ahead with plans to build a world-first LPG-fuelled capesize bulk carrier, with ClassNK…
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Imabari emerges as major shareholder in Belships
The Higaki family, who own Japan’s largest shipbuilder, Imabari, as well as shipping line Shoei Kisen Kaisha, has emerged as…
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Hartmann returns to CIMC Sinopacific Offshore for up to five LPG carriers
German owner Hartmann has placed an order at CIMC Sinopacific Offshore for the construction of up to five 5,000 cu…
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Cosco and PetroChina order LNG carrier trio at Hudong-Zhonghua
Cosco Shipping Energy Transportation has announced that the board has approved a plan to order three 174,000 cu m LNG…
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UK court freezes assets of top Dubai demo executive
A court in the UK has frozen £62m ($76.37m) in assets belonging to a well-known name in Dubai ship recycling…
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Chipolbrok orders up to four heavylift vessels at Chengxi Shipyard
Chinese-Polish Joint Stock Shipping Company (Chipolbrok) has signed shipbuilding contracts with CSSC Chengxi Shipyard for the construction of up to…
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Seoul hands out billions to yards and lines
The South Korean government will provide KRW1.25trn ($1.01bn) in emergency funding to the shipping industry, with $382m earmarked for flagship…
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NYK orders VLCC at NACKS
Japanese owner Nippon Yusen Kabushiki Kaisha (NYK) has placed an order at China’s Nantong Cosco KHI Ship Engineering (NACKS) for…
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Qatar gives China a record ship export order
Saad Sherida Al-Kaabi, president and CEO of Qatar Petroleum, fired the starting gun today on this year’s most sought after…
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