The Greek newbuilding orderbook is shrinking but the trickle of new contracts being placed for eco-friendly ships, especially energy carrying ships, still makes Greek owners the number one clients for shipbuilders in Asia.
Since the only ship recycling yards capable of dismantling ocean-going merchant vessels approved so far by the EU are in Turkey, and are busy dismantling mostly cruise ships for months to come, shipowners who wish to stick to the letter of the EU...
Greece has finally put Hellenic Shipyards on the sales block, launching a tender to sell the country's biggest shipyard now under special administration.
BW LNG, a unit of the Singapore-based gas shipping BW Group, has begun working on its El Salvador FSRU conversion process.
The new green recycling facility proposed for Saldanha Bay in South Africa may give owners another option sometime in the future, but for the moment, recycling end-of life ships in today’s multi-tier market is a major headache for ship operators.
Keppel Offshore & Marine (Keppel O&M) has bagged a SGD600m ($442.2m) contract from an energy company for a vessel for the offshore renewable energy sector.
Ørsted and Edison Chouest have teamed up to build an offshore wind Service Operation Vessel (SOV) in move that is set to transform the nascent sector in the US.
Cosco Shipping run Piraeus Port Authority (PPA) is determined to push ahead with the revitalisation of Greece’s Perama ship repair zone in cooperation with local stakeholders.
Drydocks World has held a steel cutting ceremony to mark the start of production on Jotun FPSO Fabrication of Turntable Project for Bluewater Energy Services.
Keppel Corp is undertaking a strategic review of its offshore and marine business that includes looking at mergers and disposal.