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.
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.
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…
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.