Author: Importer

German shipbuilding group Hegemann has applied for state guarantees of Euro 9m ($12.6m) to secure the financing of an order. A spokesman for the finance ministry of Mecklenburg-Western Pomerania said that the…

Bankrupt SSW Schichau Seebeck Shipyard in Bremerhaven will no longer build new vessels. A creditors? meeting on Monday agreed to a plan presented by a group of investors to convert the yard…

Croatian shipyard Brodosplit has won another newbuilding order from French ferry operator CMN for a fruit-juice carrier. Last year, the yard secured a contract for a ro-pax from the same owner. No…

Tsuji Heavy Industries, now under corporate rehabilitation procedures, will transfer its marine equipment business to a company newly established by Oshima Shipbuilding, effective on 1 July. Oshima has set up a 100%-invested…

Wärtsilä has introduced a new, comprehensive package of services, designed to cost efficiently manage hot and cold vessel lay-ups. Reduced transportation demand, over-capacity, and low freight and charter rates have become a…

South Korea's first icebreaking research vessel ?Araon' has recently been launched at Hanjin Heavy Industries & Construction shipyard in Busan City. The research vessel is expected to be used for the exploration…

Germany's Schiffahrtskontor Altes Land is to enter the deepwater oil and gas construction market after signing a deal with Norway's Bergen Group for a new ship. SAL intends to order an advanced…

A French appeal court has confirmed the liquidation of ship repair yard Union Naval Marseille. The original March decision had been contested by UNM's workforce. Workers' spokesman Jean-Luc Guasco said the decision…

Japanese shipbuilders could yet be hit by order cancellations as the regional shipowning community based around the Seto Inland Sea prepares to pull out on verbal shipbuilding deals.The yards have been generally…

South Korea's STX Offshore & Shipbuilding has received newbuilding orders for the construction of a total of eight 50,400 DWT tankers (options for four units included) from a European shipowner for $340m…