The maritime industry in Turkey is no different to the rest of the world in having been badly impacted by the pandemic but is well placed to “bounce back” afterwards, according to Dr Şadan Kaptanoğlu, BIMCO president and ceo of HI Kaptanoğlu...
Singapore shipyard group Sembcorp Marine (Sembmarine) is to be demerged from its parent Sembcorp Industries and undertake a SGD2.1bn ($1.51bn) rights issue.
Cosco Shipping Heavy Industry and CSSC Hudong Zhonghua Shipbuilding inked LNG carrier construction and repair cooperation framework agreement.
Hempel is investing $100m in a new factory in Yantai, China to meet coatings demand in the region.
Damen Shiprepair Harbour & Voyage (DSHV) has inked a partnership with Verolme Special Equipment for the servicing and repair of scrubber systems.
Shipyard group Sembcorp Marine (Sembmarine) has seen its workforce in Singapore cut to just 850 from 20,000 due to a restrictions on foreign workers from leaving dormitories to prevent the spread of the COVID-19 virus.
An unconfirmed number of workers are reported to be missing after fire broke out onboard an aframax tanker Jag Leela docked in Waruna Shipyard in Belawan.
Keppel Offshore and Marine (Keppel O&M) has affirmed that all of its yards will remain occupied with jobs for the next two years on the back of a sizeable orderbook.
A new cluster of COVID-19 infection has been identified at Sembawang Shipyard in Singapore, the second such cluster in the ship repair sector.