Month: August 2009

Struggling Wadan Yards in Germany is hopeful that a new Russian investor will buy it and save it from closure. Igor Yusofov, Member of the Board of the Russian energy company Gazprom,…

China's Sinochem Group recently signed a letter of intent with 21st Century Shipbuilding of South Korea to build four 20,000-dwt stainless-steel chemical tankers. Both parties to the deal are said to be…

Japan's Mitsui Engineering & Shipbuilding (MES) announced that its subsidiary shipyard ISB has received an order for a 1,500 gt cargo-passenger ship from the Ministry of Transport of the Kingdom of Tonga.…

Local sources report that Chongqing Iron & Steel Co Ltd is expected to be China largest shipbuilding steel producer by the end of next year when the first phase project of its…

China's shipbuilding enterprises realized a total output of 300.6 billion yuan ($44 billion) in the first seven months of this year, Ministry of Industrial and Information Technology said. The figure represents an…

Export ship orders in Japan dropped for the 10th consecutive month in July on a year-on-year basis, tumbling 63.2% to 950,820 gross tons, according to figures released by the Japan Ship Exporters'…

South Korea's newly-established shipbuilder Shin An Heavy Industries has ended its orders drought and received a new contract for a heavy lift vessel from compatriot Hanjin Corporation. The 12,300 dwt newbuilding is…

The Lithuanian shipbuilder Western Shipyard (VLG), owned by the BLRT Group in Estonia, is considering the acquisition of the Baltija Shipyard although VLG's boss Arnoldas Sileika said that any statements on the…

The first Iranian-built ocean vessel named 'Iran-Arak' is ready to be launched according to local press reports. The 2,200 TEU container carrier is 185 m long, 30 m wide and has a…