Month: October 2008

Ships designed in Kochi, India, will soon sail the world?s oceans with the Cochin Special Economic Zone (CSEZ)-based centre of the Bahamas-based Smart Engineering and Design Solutions Limited (SEDS) completing the first…

The government of Malta is to extend its call for expressions of interest in the privatisation of Malta Shipyards by a week, until 3 November. The call is being extended in view…

Nha Trang Shipyard of Vietnam Shipbuilding Industry Corporation (VINASHIN) has won two contracts to build four new cargo ships for companies in Norway and Laos. The contracts with Laos LS Tourism and…

Singapore-based Keppel Offshore & Marine (Keppel O&M) is looking at options to expand its operations in Brazil to benefit from an expanded rig demand in the country over the next few years.The…

Hanwha Group was chosen by South Korea's state-run Korea Development Bank (KDB) as the preferred bidder for a controlling stake in Daewoo Shipbuilding & Marine Engineering. Chung In-Sung, deputy governor of the…

A new private Chinese shipbuilder, Jiangsu Xiangshui Suncia Shipbuilding Industry, has confirmed it has exited the newbuild sector having failed to secure refund. The yard which was founded last year aimed to…

Trade union members at Appledore Shipyard in the UK say they want the same money as workers at other Babcock International-owned yards involved in Britain's new aircraft carriers. The Appledore yard is…

Havyard Solstrand shipyard in Norway has filed for bankruptcy after the banks removed their funding. The yard, which is owned 80% by the Havyard Group is fighting for its long term future…

Dubai Drydocks World (DDW), the ship repair, conversion and building subsidiary of Dubai World, has agreed to acquire a 60% stake in a Chinese shipyard for $55 million. The acquisition will be…

The South Korean yard of C& Heavy Industries (C&HI) was in dire trouble prior to the current global financial turmoil and is now struggling to offload assets to appease debtors. No one…