Month: August 2009

Tsuneishi Heavy Industries? shipyard in Cebu (THICI), the Philippines, has recently completed a $250,000 expansion project to build a fourth slipway. This will enable the shipbuilder to construct bulk carriers up to…

Singapore offshore vessel builder and operator Jaya Holdings says it is in the process rationalising its newbuilding program by delaying and cancelling newbuilding orders because of cash-flow problems. The shipbuilder is undergoing…

Newspapers in Germany last week speculated that the three Blohm + Voss shipyards, part of ThyssenKrupp Marine Systems (TKMS) in Germany, could be up for sale following reports that negotiations are in…

The National Iranian Tanker Co (NITC) confirmed it will order 12 VLCCs in China on the strength of guarantees from China's export-import bank. Brokers reportedly claim that NITC will build six vessels…

Hantong Ship Heavy Industry (HSHI), located in Jiangsu Province, has become the latest Chinese shipbuilder to win a clutch of newbuilding contracts, with an order for seven bulk carriers worth around 1.4bn…

Japan's Mitsui Engineering & Shipbuilding (MES), in conjunction with Osaka University, will soon be undertaking research on a hybrid propulsion system which combines a battery unit with a diesel engine. The project…

'K'" Line in Japan has ordered a 32,000 dwt bulker from Hakodate Dock, owned by Namura Shipbuilding. The vessel will replace the shipowner's 1996-built 24,000 dwt vessel which was sold in July.…

South Korean shipbuilder Dae Sun Shipbuilding & Engineering recently won a contract with a compatriot shipowner to build a new Ro-Ro vessel. This is Dae Sun's first newbuilding order in twelve months…

Cebu-based shipbuilding firm, Tsuneishi Heavy Industries Cebu Inc. (THICI) will be hiring an additional 4,000 skilled workers in the next three months to operate its recently completed P12-billion expansion project. THICI Director…

Hamburg-based Hellespont Tankers has taken delivery of the 'Hellespont Centurion', the first of a serious of eight 17,000 dwt IMO-2 chemical tankers. Hellespont Tankers will commercially manage the vessel, which has been…