China’s Ningbo Xinle Shipbuilding Group announced that the company has signed a contract with M.E.Marittima Emiliana SPA to build two 4,500 dwt chemical tankers.

Taiwan Navigation has placed an order for two new 80,000-dwt bulk carriers at Japan’s Namura Shipbuilding.

Hyundai Heavy Industries (HHI) signed a definitive agreement last Friday to acquire Daewoo Shipbuilding & Marine Engineering (DSME), supported by DSME’s main creditor Korea Development Bank (KDB).

Singapore’s Sembcorp Marine (Sembmarine) has landed its first ever contract to design and construct a large LNG bunker tanker for Japan’s Mitsui OSK Lines (MOL).

South Korea’s Samsung Heavy Industries (SHI) has clinched an order to build four LNG carriers for a US-based shipowner.

South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME), the local media has reported.

Qatar has revealed plans to order 60 new LNG carriers from South Korean shipyards, according to a Reuters report citing a statement issued by the Korean presidential office.

Singapore’s Sembcorp Marine (Sembmarine) announced that it has inked a share swap agreement with associated firm Ecospec Global Technology and Neonlite Investments in a move to boost the group’s intellectual property assets.

The recent insolvency of the Philippine yard of South Korea’s Hanjin Heavy Industries & Construction (HHIC) has stirred interests of investment from Chinese companies, reports said.

Hanjin Heavy Industries & Construction (HHIC) announced on Tuesday to the Korean Exchange that its affiliate yard in the Philippines has filed for a rehabilitation procedure.

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