New York-based shipping, trading and finance enterprise Foremost Group has approached China’s Shanghai Waigaoqiao Shipbuilding (SWS) to build two additional 180,000 dwt bulk carriers, adding on to an earlier order placed in June this year.
Shanghai Waigaoqiao Shipbuilding (SWS) has entered into a FPSO detailed design contract last Friday with its affiliate CSSC No.708 Research Institute, following the winning of the deal from SBM Offshore in July.
Technology group Wartsila has been awarded the contract to provide main engines, retractable thrusters and exhaust cleaning equipment for two new research vessels being built for the China Ocean Mineral Resources R&D Association (COMRA).
China State Shipbuilding Corp (CSSC) shared that it has received approximately RMB117.59m ($17.71m) in government subsidies over the first six months of this year.
Chinese shipyards Shanghai Waigaoqiao Shipbuilding & Offshore Co and China Shipbuilding Trading (Shanghai) Co have made counterclaims against Singapore’s Pacific Radiance over a shipbuilding contract involving two PSVs.
China State Shipbuilding Corporation (CSSC) offically opened a new logistics centre in the Yangshang free trade zone in Shanghai which will enable it to facilitate lifecycle services and flexible solutions for the entire CSSC product portfolio.
Shanghai Waigaoqiao Shipbuilding (SWS), subsidiary of China State Shipbuilding Corp (CSSC), has been hit by a $19.36m arbitration claim from Singapore-based ESSM over a jack-up drilling rig contract.
China’s Shanghai Waigaoqiao Shipbuilding (SWS) has won an order to build two 180,000 dwt bulk carriers for Foremost Group, a New York-based shipping, trading and finance enterprise, reports said.
