17-May-2012, USC Buys Vyborg Shipyard
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Western Shipbuilding Center, a subsidiary of United Shipbuilding Corporation (USC) has acquired 76% percent of Vyborg Shipyard, Interfax reported. The deal is worth about 1.8 bn rubles ($60m). USC acq...
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15-May-2012, Sungdong to build Groot-designed Livestock carrier
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A unique contract was signed May 15 between Dutch naval architecture firm, Groot Ship Design, South Korea’s Sungdong shipyard, and Malaysian shipowner PBHH/BH, for the design and delivery of two types...
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11-May-2012, Petrobras signs four conversion deals
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Petróleo Brasileiro S.A. has signed a $1.7 bn agreement to convert four VLCC vessels into hulls for platforms P-74, P-75, P-76, P-77. The agreement is with a consortium of Norberto Odebrecht S/A, OAS ...
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11-May-2012, Nanjing Jinling to build modern reproduction of Titanic
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On April 20, Australian tycoon Clive Palmer unveiled plans to build the Titanic II with plans for a maiden sailing from London to New York in 2016. CSC Jinling Shipyard Co Ltd, based in Nanjing, Jiang...
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10-May-2012, Japan backs Chinese order at domestic yard
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Japan Bank for International Co-operation and Citibank Japan are co-financing two SITC entities each purchasing a 1,103 teu feedership from Kyokuyo Shipyard in Shimonoseki. A statement on the JBIC web...
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09-May-2012, "KHI to invest in Brazilian yard" - Marine-net
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According to Marine-net, Kawasaki Heavy Industries (KHI) announced on May 5 that it has decided to take a 30% stake in and provide shipbuilding-related technology to Estaleiro Enseada do Paraguacu S.A...
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04-May-2012, Seadrills signs at Hyundai Samho’s for semi-sub
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Seadrill has entered a turnkey construction contract with Hyundai Samho Shipyard for the construction of a new harsh Moss CS60 design, N class compliant, winterized semi-submersible drilling rig. The ...
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01-May-2012, Becker to install largest Mewis Duct to date
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Lloyd's List reported that "a Very Large Crude Carrier under construction at South Korea’s Hyundai Samho Shipyard for Samco Shipholding has been fitted with the largest Mewis duct to date." The Mewis ...
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30-Apr-2012, Rongsheng taps bond market for $572m refinancing bid
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Rongsheng Heavy has tapped the bond market for the first tranche of an intended Yuan3.6bn ($572m) issue in China's medium-term note market. The deal’s first tranche was completed on March 28, garnerin...
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26-Apr-2012, "Oman Shipping VLOCs strengthened after valemax scare"
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Lloyd's List reported that "Four very large ore carrier under construction for Oman Shipping for long-term charter to Brazilian miner Vale have received added strengthening since last year’s damage to...
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26-Apr-2012, Davie shipyard gets boost from EDC loan deal
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Cecon ASA, a Norwegian owner of pipe-laying ships, has reached a deal to acquire the rights to a US$200-million loan from Export Development Canada that allows the construction of three vessels Cecon ...
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25-Apr-2012, "NK, IHIMU, IBM to jointly research on sensor data analysis"
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Marine-net reported that "Nippon Kaiji Kyokai (ClassNK), IHI Marine United Inc. (IHIMU) and IBM Japan, Ltd. announced on April 24 that they will engage in a joint research project to further sophistic...
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24-Apr-2012, ABB wins $60 million Royal Caribbean azipod order
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ABB, has won orders worth more than $60m to provide complete power and Azipod propulsion systems for two new cruise ships to be built by Meyer Werft at its shipyard in Papenburg, Germany for Royal Ca...
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24-Apr-2012, Hansa picks RWO’s CleanBallast system
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Hansa Shipping GmbH and Jiangsu New Yangzi Shipbuilding have decided to equip four new 4,800 TEU (twenty-foot equivalent unit) vessels with the RWO’s CleanBallast ballast water treatment technology. T...
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23-Apr-2012, Korean experts to redesign Seaspan shipyard
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A team of four engineers from the Korean shipyard giant STX Offshore and Shipbuilding Company Ltd. is in North Vancouver to recommend the most efficient way to redesign Vancouver Shipyards. Seaspan, ...
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22-Apr-2012, Tsuneishi to build three box-shaped bulkers for Wisdom Lines
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In early April, Wisdom Marine ordered 45-type box-shaped bulkers (TESS45BOX) from Tsuneishi Shipbuilding with delivery slated for 2014. Marine-net reported that an overseas media report said that the ...
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20-Apr-2012, First Korean built ship with a solar panel
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STX Offshore & Shipbuilding on April 19 completed South Korea's first solar-panel equipped vessel on the STX Dove, is a 6700 unit car carrier. The ship's solar-panel system, is 11 meters long and 25 m...
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19-Apr-2012, "Fourteen Japanese shipyards to establish officially-backed ship investment fund"
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Marine-net has reported that Japan Ship Investment Fund (JSIF) has been inaugurated as a ship investment fund to be established by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) an...
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19-Apr-2012, Floating production facility for Cepu ready for construction
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MT Chios which will be converted into a floating storage and off loading (FSO) unit for the Cepu oil and gas block in East Java has arrived in Singapore’s Sembawang shipyard, paving the way to begin c...
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16-Apr-2012, "Vale Beijing" returns to STX Offshore & Shipbuilding for safety check
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"Vale Beijing"--the 404,000 dwt VLOC that ruptured its hull when loading at a Brazilian port is on its way back to its builder--the Jinhae shipyard for safety check, as TradeWinds reports. The ship is...
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