OSK needs state support [Shipbuilding]
United Shipbuilding Corporation (OSK) will not be able to arrange production of large capacity vessels without state investments, Vladimir Aleksandrov, Director General of Admiralty Shipyards (St. Petersburg, part OSK) told journalists. According to ...
2009-06-22 07:04:38
Krasnoye Sormovo sells Palmali tankers to Turkmenian [General]
Krasnoye Sormovo shipyard (MNP Group, Nizhni Novgorod) will deliver two tankers project RST22 of New Armada type built for Palmali Group to Turkmenian sea and river shipping company, Krasnoye Sormovo reports according to IF-Region. According to Nikol...
2009-06-22 07:01:24
Hanwha seeks arbitration over DSME deposit [General]
Hanwha Group has begun action to recover a cash deposit it lost when it failed to complete a takeover of Daewoo Shipbuilding & Marine Engineering. The South Korean conglomerate has asked a Seoul court to arbitrate in the dispute over KRW 315bn ($2...
2009-06-22 06:57:32
Wadan orderbook at risk due to bankruptcy [Shipbuilding]
Customers of Wadan Yards in Rostock-Warnemünde and Wismar have used the shipyard’s insolvency to cancel containership orders. Wadan Yards filed for bankruptcy on June 5. At the time the company had 12 ships worth €801m in its orderbooks:...
2009-06-22 06:50:24
DSIC repair yard project begins [General]
Dalian Shipbuilding Industry Corp (DSIC)'s shiprepair yard construction project, contracted with CCCC First Harbor Engineering Company Ltd.(CHEC), is going to start soon. This project includes dredging process for quay in Changxing island, China. ...
2009-06-22 06:17:24
D’Amico tanker cancellation at SLS ‘Groundless’ [Shipping]
South Korea’s SLS Shipbuilding said the cancellation of the first unit of four 51,000-dwt product tankers ordered by Glenda International Shipping, a joint venture between Italy’s D’Amico International Shipping and Glencore, is yet to be made. ...
2009-06-22 06:14:22
New orders to be subdued till next year [Shipbuilding]
Korea Shipbuilders’ Association (Koshipa) chairman and Hyundai Heavy Industries (HHI) president Choi Kil-seon (pictured) said in an interview with local media that new ship orders would resume in the second half of next year as global financial mar...
2009-06-19 17:20:27
Daewoo names Petroserv rig [Offshore]
Daewoo Shipbuilding & Marine Engineering of South Korea on June 19th held a naming ceremony for a semi-submersible drilling rig ordered by Brazil’s Petroserv in 2006. On the day, the rig with a length of 116.6 meters, breadth of 96.7 meters and ...
2009-06-19 16:02:51
Samsung seen advantageous [Offshore]
Samsung Heavy Industries seems to have obtained the preferential negotiation right for the designing segment of international oil major Royal Dutch Shell group's plan to build an LNG-FPSO (floating, production, storage & offloading) unit. This ha...
2009-06-19 08:50:57
Keppel buys stake in Brazil new shipyard [Finance]
Brazilian construction group WTorre has confirmed talks with Singapore’s Keppel Corp over selling a stake in a new shipyard project. "We're in advanced, but not conclusive, talks with Keppel," a spokeswoman told Dow Jones Newswires. WTorre's ...
2009-06-19 08:20:53
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