Ouhua finally liquidated
China's privately-run shipyard Zhejiang Ouhua Shipbuilding turns out to have finally gone through the process of liquidation. After the company filed for bankruptcy with Zhoushan Intermediate People's Court last May, according to industr...
Imabari orderbook stretches into 2020
Imabari Shipbuilding President Yukito Higaki recently held a press conference to explain its FY2017 review and business outlook. The company stated that in last fiscal year, the company delivered a total of 63 units, 3.67m gt (49 bulkers; nine...
Korea targets No.1 in 2018 NB market
1H Newbuilding order intakes of global shipbuilding industry stood at 441 units at 35.1m dwt (12.3m cgt), showing 16% decrease y-o-y in terms of dwt. However, Korean shipyards have done much excellent work, taking the No. 1 place in dwt, cgt and ...
IMT Marine pursing JV yard in Russia
A Korean marine design house IMT Marine is seeking new business opportunities in Vladivostok, Russia. The company held a discussion on establishing a joint venture yard in Vladivostok with Berkut Group, sharing information on local regulations...
First North American LNG-powered ferry
Davie Shipbuilding, Canada’s largest shipyard, announced that it has delivered the first LNG-powered ferry to be built in North America. This pioneering ferry can be powered entirely by LNG, the cleanest fossil fuel known to mankind. D...
Stena signs order for two additional E-Flexer ships
Stena has decided to exercise its option to build a seventh and eighth E-Flexer vessel. The two vessels will be deployed within Stena Line’s route network with a planned delivery in 2022. Additionally, Stena RoRo has taken an option on the cons...
Lindblad to build another expedition ship
Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND; "Lindblad", the "Company"), the global leader of expedition cruises and adventure travel experiences, announced on July 18 that its Board of Directors has authorized the building of a new polar e...
Vard secures contract for one vessel
Vard Holdings Limited (“VARD” or the “Company”), one of the major global designers and shipbuilders of specialized vessels, is pleased to announce that it has secured a contract for the construction of one vessel for an undisclosed Norweg...
Vitol and Low Carbon close Renewables Fund
Low Carbon and Vitol announced on July 17 the closing of a Jersey-based fund, VLC Renewables ⃰, focussed on generating significant investment into renewable energy assets across Europe. With an initial €200m allocation, the Fund will inves...
Lepta orders large BC from China
Lepta Shipping of Japan placed an order for one new bulker at Chinese shipbuilder industry. According to TradeWinds and broker sources, the Japanese owner ordered one 180,000 dwt bulker from Jiangsu New Yangzi Shipbuilding under Yangzijiang Sh...
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