Industry Sectors:Shipbuilding & Shipyards

Shipbuilding & Shipyards

South Korea’s government has on Thursday unveiled a KRW2.9trn rescue package for cash-strapped Daewoo Shipbuilding & Marine Engineering (DSME).
Germany’s Oldendorff Carriers is converting an 11-year-old bulker into a transloader at China’s Chengxi Shipyard for transhipment operations in the Arabian Gulf.
The 14th International ExpoShipping EXPOMARITT Maritime Exhibition and Conference, organised jointly by UBM and the Turkish Chamber of Shipping (IMEAK), opened yesterday at the Pendik Green Park Convention Center in…
New kid on the block in the rig space Borr Drilling is buying Transocean’s entire fleet of 15 jack-up rigs including, five newbuildings under construction at Keppel FELs, for $1.35bn.
Odfjell has penned a letter of intent for a pair of 38,000-dwt chemical tankers worth $116m at China’s Hudong-Zhonghua Shipbuilding (Group) Co.
There is a change at the helm of Keppel Offshore and Marine (Keppel O&M) as Keppel FELs md Chris Ong is brought as acting ceo to replace Chow Yew Yuen,…
Russia’s state-owned Sovcomflot has ordered four 114,000-dwt LNG-fuelled ice-class aframax tankers worth a total of $240m at Hyundai Samho Heavy Industries (HSHI) on the back of charter contracts from oil…
The auditors of Malaysian OSV builder Nam Cheong has cast doubt on the company’s ability continue as a going concern in view of its unstable finances, poor earnings and upcoming…
Newbuilding orders at Chinese shipyards have risen strongly over the first two months of this year compared to the year-ago period, while orderbook on hand has shrunk.
The Greek shipping community has long slammed the Athens government for not taking advantage of the potential the maritime industry offers to the struggling Greek economy and the latest overview…
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