Shipyards
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Seadrill confirms cancellation of last two jackups at DSIC Offshore
John Fredriksen’s Seadrill has confirmed cancellation of the last two of eight jackup rigs it had previously ordered at Dalian Shipbuilding…
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Two bids lodged for Harland & Wolff
Salvation is on hand for the famous Northern Irish shipyard that built the Titanic. BDO, the administrator for Harland &…
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Two workers die at Samsung Ningbo yard
Two separate accidents occurred at Samsung Heavy Industries’ Ningbo yard in China on Saturday leading to the death of two…
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Vår Energi contracts Rosenberg Worley to extend life of Jotun FPSO
Norway’s Vår Energi has awarded an engineering, procurement, construction and installation contract to Rosenberg Worley for the lifetime extension of…
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Yangzijiang’s chairman takes leave of absence to assist unspecified Chinese investigation
Yangzijiang Shipbuilding’s shares were down almost 15% this afternoon on the Singapore Exchange after it revealed its executive chairman and…
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Nam Cheong grows vessel chartering business as shipbuilding totally dries up
Malaysia’s Nam Cheong has substantially grown its business in the offshore vessel chartering segment, helping to offset its lack of…
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Greeks add to their growing LNG orderbook
The Greeks continue to dominate the LNG newbuild orderbook with South Korea’s Hyundai Heavy Industries (HHI) the latest recipient of…
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Last Clyde shipbuilder could be nationalised
Ferguson Marine Engineering, the last civilian shipyard on the Clyde river, could be nationalised, Derek Mackay, Scotlands’s finance and economy…
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Court to sell unfinished MPP at Jiangzhou Union Shipbuilding
A court in Jiangxi Ruichang will hold an auction for an unfinished multipurpose heavylift vessel at Jiangzhou Union Shipbuilding on…
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Chinese yard supremo denies monopoly concerns
One of China’s most senior shipbuilding executives has claimed the mega merger between the country’s top two yard groups will…
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China Merchants to relocate Jinling Shipyard
China Merchants Group has signed a framework agreement with Nanjing government to relocate Jinling Shipyard. Under the agreement, China Merchants…
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Yangzijiang shares nosedive prompting SGX to intervene
Rumours surrounding Yangzijiang Shipbuilding saw its share price go through the floor yesterday. 24 hours after calling for a halt…
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Titan Petrochemicals applies to wind up China Ocean Industry
Hong Kong-listed Titan Petrochemicals has filed a petition with High Court of Hong Kong to wind up Chinese private shipbuilding…
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Harland and Wolff goes into administration
Harland and Wolff, a UK shipyard with a history of more than 150 years, has appointed administers and is likely…
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Newbuild prices cool off
Newbuild prices have cooled off in the last fortnight as the volume of orders remains very low in the first…
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Administrators fail to sell Ouhua Shipbuilding asssets in auction
The administrators of bankrupt Chinese yard Zhejiang Ouhua Shipbuilding have failed to sell the yard’s assets in an online auction…
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Demo prices on the slide
Demo rates are on the slide, having dropped by more than $100 per ldt over the last six weeks to…
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Dae Sun wins first LPG order
South Korea’s Dae Sun Shipbuilding has branched out into LPG vessel construction. Local energy firm GS Caltex has ordered a…
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Samsung Heavy debuts marine lithium-ion battery power system
Samsung Heavy Industries has developed a lithium-ion battery power system for ships. The system, jointly developed with local battery manufacturer…
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Washington debates how to make American shipbuilding great again
American politicians this week have been discussing a 21st century update to the Jones Act. Congressman John Garamendi and senator…
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