Shipyards
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Hyundai Heavy hit by worker strike as lack of orders bites
Some 300 workers at South Korean yard Hyundai Heavy Industries (HHI) staged a partial strike today as a result of…
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China’s decision to reopen mothballed yards: the big picture
Panos Patsadas from Target Maritime Transport fears the People’s Republic new found capabilities to package finance and yard slots together…
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China moves to reopen shuttered yards
News today that a deal has been brokered to save part of Sinopacific Shipbuilding has some owners on edge that…
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SUMEC confirms Dayang Shipbuilding restructuring
SUMEC Group, a machinery manufacturer based in Jiangsu, has confirmed that it would join the restructuring of Yangzhou Dayang Shipbuilding,…
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Qingdao Yangfan emerges from restructuring
Qingdao Yangfan Shipbuilding has successfully completed a long restructuring process, having gone into bankruptcy protection in October 2016. State-run Huatong…
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Yangzijiang Shipbuilding establishes joint venture with China Ocean Industry
Chinese shipbuilders Yangzijiang Shipbuilding and China Ocean Industry have signed an agreement to establish a shipbuilding joint venture. The joint…
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Bangladesh to recycle first ship to HK rules
Just as China has signalled its exit from the international ship scrapping scene, Bangadesh has stepped up to the plate,…
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Seatankers orders debut LNG carrier at DSME
John Fredriksen’s Seatankers Management has placed an order at South Korean yard Daewoo Shipbuilding and Marine Engineering (DSME) for the…
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China Ocean Industry inks debt restructuring deal with Zhejiang Ouhua
China Ocean Industry, the parent group of Jiangxi Shipbuilding, has entered into a debt restructuring agreement with Zhejian Ouhua Shipbuilding.…
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Sembcorp Marine ups purchase price for Sevan Marine assets
Singapore’s Sembcorp Marine has entered into an agreement with Sevan Marine to revise the purchase price for the majority of…
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Nexans orders cable lay vessel at Ulstein
France’s Nexans Subsea Operations has signed a shipbuilding contract with Ulstein Verft for the construction of a DP3 cable lay…
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Angelicoussis signs landmark 100th DSME contract
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) is celebrating a unique milestone today with news that John Angelicoussis’s Maran…
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Honghua Group faces $48m claim
Chinese oil and gas equipment manufacturer Honghua Group has announced that Shanghai Shangshi International Trade Group has commenced legal proceedings…
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Empire Navigation adds up to 8 product tankers at Hyundai Mipo
Busy Hyundai Mipo Dockyard is celebrating a banner few weeks of orders now filling out available dock space well into…
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CSSC continues asset sell off to avoid delisting
China State Shipbuilding Corporation (CSSC) has announced that subsidiary yard Waigaoqiao Shipbuilding plans to sell its 43.4% equity share in…
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DSIC wins arbitration case with Atlantica Tender Drilling
Dalian Shipbuilding Industry (DSIC), an affiliate yard of China Shipbuilding Industry Corporation, has won an arbitration case against Atlantica Tender…
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Nova Marine Carriers orders 18 bulkers at Ningbo Xinle
Nova Marine Carriers has signed shipbuilding contracts with China’s Ningbo Xinle Shipbuilding for the construction of 18 mini bulk carriers.…
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SITC adds boxship pair at Yangzijiang Shipbuilding
Chinese boxship operator SITC International Holdings has announced that it has entered into shipbuilding contracts with Yangzijiang Shipbuilding for the…
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Keppel strikes back at supplier over legal dispute
Singapore’s Viking Offshore & Marine has accused government-backed shipbuilding conglomerate Keppel Offshore and Marine of not acting within its own…
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Court to liquidate parent company of Titan Petrochemicals
Titan Petrochemicals has announced that it has received an order from a court in Hong Kong regarding the appointment of…
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