Shipyards
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Largest shipyard in Southeast Asia files for court receivership
The largest shipyard in Southeast Asia by area has filed for court receivership. HHIC-Phil, the Philippines affiliate of South Korea’s…
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Haizhou Shipyard files for bankruptcy
Zhejiang Haizhou Shipyard, one of the largest ship repair yards in China, has filed for bankruptcy. The yard has been…
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Goldenport orders ultramax pair at Cosco Shipping Heavy
Greek owner Dragnis family’s Goldenport Shipmanagement has placed an order at China’s Cosco Shipping Heavy Industry (CSHI) for the construction…
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MMHE secures offshore structure agreement with Petronas
Malaysian shipbuilder Malaysia Marine and Heavy Engineering , part of MHB, has been awarded a frame agreement by oil major…
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Former CSIC general manager Sun officially arrested
Sun Bo, the former general manager of state-run shipbuilding conglomerate CSIC, has been officially arrested following months of investigations. The…
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South Korea overtakes China in ship orders for first time in seven years
For the first time in seven years South Korea has overhauled neighbour China in the fiercely competitive world of shipbuilding.…
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China Ocean Industry loses arbitration over four undelivered vessels
China Ocean Industry has announced that the London Maritime Arbitrators Association (LMAA) has awarded in favour of Jiangzhou Union Shipbuilding’s…
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Hyundai Heavy Industries sets $15.9bn new order target for 2019
South Korea’s flagship shipbuilder Hyundai Heavy Industries (HHI) has set a target to secure newbuilding orders with combined value of…
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Sovcomflot orders LNG-fuelled product tanker trio at Zvezda
Russian shipping major Sovcomflot has placed an order at Zvezda shipbuilding complex for the construction of three LNG-fuelled MR product…
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Mingsheng Financial Leasing acquires two resale bulkers at Yangzijiang
Chinese financial leasing house Mingsheng Financial Leasing has acquired two $81,800 dwt resale panamax bulkers at Yangzijiang Shipbuilding. According to…
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76 shipbreakers in India are now HK-compliant
GMS, the world’s largest cash buyer of ships for recycling, has revealed that there are now 76 yards in India…
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Imabari wins first Greek VLCC order
Imabari, Japan’s largest shipyard, has received its first VLCC orders from a Greek owner. Angeliki Frangou’s Navios Group has secured…
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China Merchants restructures shipyard assets
China Merchants Group has started the integration of its shipyard assets as part of the ongoing internal restructuring process following…
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Evergreen confirms boxship quartet at Jiangnan Shipyard
Taiwanese shipping line Evergreen has signed shipbuilding contracts with CSSC-affiliated Jiangnan Shipyard for the construction of four 2,500 teu containerships.…
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Anhui Conch Group orders four bulkers at Jiangdong Shipyard
Anhui Conch Group has placed an order at Sinotrans & CSC affiliated Jiangdong Shipyard for the construction of four 12,500…
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Two senior officials at CSIC arrested
Two senior officials at state-run shipbuilding conglomerate China Shipbuilding Industry Corporation (CSIC) have been arrested by authorities for illegal activities.…
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Lamprell chosen for two newbuild jackup rigs
UAE-based offshore builder Lamprell has received a letter of intent from its Saudi Arabian joint venture International Maritime Industries (IMI)…
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Heerema shipyard to close after Rosetti Marino deal falls through
Heerema Fabrication Group is to close its Zwijndrecht yard in the Netherlands after Italian group Rosetti Marino decided not to…
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Rongsheng Heavy Industries sale delayed
Hong Kong-listed China Huarong Energy has announced that it has entered into a supplemental agreement with Unique Orient, the potential…
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Shanghai Ganglu Navigation orders bulker pair at Kouan Shipbuilding
Chinese domestic operator Shanghai Ganglu Navigation has signed shipbuilding contracts with Taizhou Kouan Shipbuilding for the construction of two 56,000…
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