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Shipbuilding & Shipyards

New York: Nordic American Tankers (NAT) has entered into an agreement to acquire its twenty-first double-hull suezmax from a South Korean shipyard.
Tel Aviv: ZIM has become the latest line to cancel newbuildings, with five contracts annulled and possibly more to come.
London : Shipowner and charterer Noble Group, Asia’s largest commodities company, was already expressing alarm when head of chartering R. Raghunath met with Seatrade Global recently.
Tokyo: Mitsubishi Heavy Industries (MHI) and Hakata Shipbuilding have agreed to jointly develop an energy efficient 1,000 teu container carrier.
Tokyo: Kawasaki Kisen Kaisha (K line) today announced an order of five ultra large container vessels at Imabari Shipbuilding Co Ltd.
Seoul: South Korea-based Sungdong Shipbuilding & Marine Engineering landed a contract to build a total of 10 capesize dry bulk carriers including three options.
Rio de Janeiro: Wärtsilä is to become one of the growing number of companies to set up a manufacturing plant in Brazil, 300km North of Rio de Janeiro.
Seoul: South Korea's STX Offshore & Shipbuilding plunged into the red in 2012 due largely to diminished margins from high-value newbuildings.
Singapore: Fincantieri's mandatory cash offer for STX OSV has failed to attract shareholders, gaining just 4.88% acceptance.
Dubai: Grandweld Shipyards has clinched another crewboat contract for a 42-metre aluminium craft for local marine ship service firm Maroos Shipping.
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