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China builds shipyard in Fujian
China is building a CNY2bn ($290m) shipyard in Fujian province which will be used for shipbuilding and repairs. The dockyard, located in Luoyuan Bay, will comprise four docks. The yard will have the capacity to fix 250 ships a year and is schedul...
2010-09-13 08:05:11
Bangladesh takes toxins out of scrapping
A Dutch engineering company is trying to make safer the dangerous job of dismantling old ships contaminated with chemicals - by building the world’s first “green dock wharf” in Bangladesh. Bangladesh has long been a final destination for de...
2010-09-13 08:02:57
Goa wins coast guard deal
India’s Goa Shipyard is in talks with the country’s coast guard to carry out all of its repair and maintenance work. The state-owned yard's chairman Vineet Bakshi told reporters there was the possibility of a long-term deal. “The Indian...
2010-09-10 08:24:27
Bangladesh scrapping yards to reopen
There were signs of life from Bangladesh last week after months of inactivity, with local reports suggesting a Chittagong yard had obtained court clearance to begin importing scrap vessels again. The reports prompted speculation Bangladesh was poi...
2010-09-09 08:31:27
POSCO backs away from DSME
South Korea's Pohang Iron and Steel Company's (POSCO's) acquisition of Daewoo International Corporation means it will back away from bidding for Daewoo Shipbuilding & Marine Engineering (DSME), its chief executive has confirmed. POSCO completed i...
2010-09-08 08:30:37
Teekay offloads aframax
US-listed Teekay Shipping has reportedly sold the 95,000-dwt double hull tanker Sotra Spirit (built 1995). The Hyundai Heavy Industries-built ship is said to have gone to a Greek buyer for $17.2m. It was one of the oldest aframax tankers in t...
2010-09-08 08:18:51
More Vinashin executives arrested
Four more Vinashin executives have been arrested as Vietnam continues its probe into the near-collapse of the state-owned shipbuilding group. The arrests were made on Friday and included two former board members, Tran Quang Vu and Tran Van Liem, ...
2010-09-07 08:29:22
STX Finland workers face lay-offs
Any temporary lay-offs among workers at STX Finland's Turku shipyard will be lengthy, according to the company's president Juha Heikinheimo. He told reporters that the shipyard is facing difficult times, having made 430 employees redundant in Jan...
2010-09-07 08:26:37
Turkey signs UN scrapping convention
Turkey has signed up to the United-Nations-backed treaty on the environmentally friendly recycling of ships. The country, one of the five big scrappers worldwide, has adopted the Hong Kong International Convention for the Safe and Environmentally...
2010-09-07 07:11:17
Four ro-ro ships to recycle in China
Wilh. Wilhelmsen has sold four of its car carriers to China for recycling. Since the market for vehicle carriers collapsed in 2008, the ships have been surplus. The ships are the Tampere (built in 1979 as Barber Nara), Tapiola (built in 1978 ...
2010-09-06 06:42:03
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