Shipbuilding & Shipyards
China’s central government is planning the consolidation for several industry sectors to optimise the state-owned regional assets structure and reduce horizontal competition.
Saudi Arabia represents a major investment opportunity for the shipping and maritime industries as the country diversifies its economy.
Last year proved to be "challenging but positive" and "cautious optimism" seems to sum up the feeling in the industry when it comes to 2019, judging from comments made by…
Dalian Shipbuilding Industry Co. (DSIC) has inked a contract with China’s leading finance leasing company, AVIC International Leasing, to build ten 85,000 dwt bulk carriers.
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…
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.
Polaris Shipping will install open-loop scrubbers on seven of its ships, using Langh Tech systems and retrofitting at South Korea’s STX Offshore & Shipbuilding.
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.
Saudi Arabia’s maritime sector is set to receive a much-needed boost with a generous allocation of SAR3bn ($8.8bn) for the energy, industry, mining and logistics sectors in its recently announced…