Bahrain’s Arab Ship Shipbuilding and repair Yard (ASRY) has signed an MoU with ONEX Shipyards Greece to share know-how on maritime repair and technology, and explore future business opportunities.

Saudi Arabia’s International Maritime Industries (IMI) and Columbia Ship Management (CSM) have converted a six-month-old Memorandum of Understanding into a Memorandum of Agreement (MoA).

China’s leading manufacturer Weichai has started construction of a new Qingdao Marine Equipment manufacturing centre.

Strict Covid-19 could continue to restrict yard capacity for drydocking in the coming year warn Nippon Marine Paint.

Damen Shipyards Group has added a new Service Hub in the Americas. With two already up and running in Canada and Brazil, Damen has opened a third one in Panama City to serve Central America and the Caribbean.

The surge in newbuilding orders has seen new contracts at Chinese yards increase 210.5% year-on-year for the first 10 months of this year.

Damen Shipyards Group has opened its latest service hub, in Hamburg, Germany, also serving Denmark and Poland.

Sembcorp Marine (Sembmarine) expects further delays to five projects currently underway in its yards as it continues to struggle with Covid-19 related restrictions and challenges.

VLCC owner DHT Holdings is bringing forward scrubber and ballast water treatment system retrofits in Q4 as the weak tanker market continues.

Italian shipbuilder Fincantieri has announced a $150m investment for a shipyard in Yucatan, Mexico, as part of the expansion and modernisation of the port of Progreso.