March 18, 2020
Mainboard-listed Yangzijiang Shipbuilding has inked a new shipbuilding contract to build up to 10 vessels worth $1.63b (US$1.15b) for Hong Kong-based maritime investment firm Tiger...
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Shipbuilding
March 16, 2020
Fincantieri has suspended production activities at its Italian shipyards as a precautionary measure aimed at countering the potential spread of the coronavirus. (more…)
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March 6, 2020
Korean and Chinese shipbuilders are competing for a mega order from Qatar for 80 units of LNG tankers worth more than 18 trillion won. Yet...
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March 6, 2020
China State Shipbuilding Corp. has raised 5 billion yuan ($718.2 million) by selling so-called “coronavirus bonds” to replenish working-capital facilities that were severely depleted by...
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March 4, 2020
Japan is conducting a review of the proposed merger between Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering (DSME). (more…)
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March 3, 2020
Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Monday it has won an order worth 361.1 billion won (US$299 million) to build...
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February 26, 2020
EU antitrust regulators have set a new July 9 deadline for their decision on world No. 1 shipbuilding group Hyundai Heavy Industries’ $1.8 billion merger...
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February 25, 2020
Eastern Pacific Shipping (EPS) has been linked to an order for up to four 50,000 dwt MR product tankers at Korean shipbuilder Daesun Shipbuilding and...
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February 18, 2020
Japan is attempting to block the combination between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering. (more…)
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February 11, 2020
Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding industry, intensifying a wider dispute between...
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February 11, 2020
South Korea ranked second behind China in global shipbuilding orders last month, industry data showed Monday. (more…)
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February 10, 2020
Korea Shipbuilding & Offshore Engineering (KSOE) is expecting to gain momentum in its recovery this year as strengthened emission regulations will force shippers to replace...
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February 6, 2020
South Korea on Wednesday unveiled a financial package worth 820 billion won (US$690 million) to help modernize aging passenger boats and cargo vessels. (more…)
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February 4, 2020
Japan has brought the case of merger between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering to the World Trade Organization (WTO). (more…)
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January 24, 2020
TORM has entered into an agreement to purchase two scrubber-fitted and fuel-efficient LR2 newbuildings from Guangzhou Shipyard International (“GSI”) with expected delivery in the fourth...
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