06-Feb-2012, China sees less ship repaired in 2011
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In 2011, China's ship repair business was seriously challenged by the market downturn and overcapacity. China’s 17 ship repairing enterprises under the country's key supervision repaired 3,780 ships o...
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05-Feb-2012, China delivers over 70m dwt for the first time
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According to data of China Association of National Shipbuilding Industry, China delivered 76.65m dwt ships in 2011, the highest level in history. Shanghai Waigaoqiao Shipbuilding Corporation delivered...
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31-Jan-2012, USC & IHIMU to merge as Japan's second largest yard
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As jointly announced on 30 January, Universal Shipbuilding Corp. (USC) and IHI Marine United Inc. (IHIMU) will be integrated, with JFE Holdings, Inc. holding 45.93% stake, IHI Corp. holding 45.93% sta...
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30-Jan-2012, Jiangmen Nanyang delivers 11 ships in 2011
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Jiangmen Nanyang Ship Engineering Co., Ltd. delivered 11 ships totaling 353,300 dwt in 2011. The company claimed to hold an orderbook that sustains till 2013. The company has two sites, covering 720,0...
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30-Jan-2012, Vale set to bypass China ore-ship ban with transfer vessel
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Vale SA, is taking delivery of transshipment vessel that will help the company bypass the exclusion from Chinese ports of its biggest vessels hauling the commodity. The Ore Fabrica, a raw-materials ca...
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29-Jan-2012, Jiangsu Hongming delivers two ship in 2011
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Jiangsu Hongming Shipyard delivered two ships, including one 27,000 dwt and one 47,000 dwt in 2011. According to Zeng Jun, manager of the Comprehensive Department of the company, Jiangsu Hongming has ...
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29-Jan-2012, NACKS delivers four ships in January
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NACKS claimed to have delivered four ships in January and gained more than RMB100m profit. The four ships were built for Japanese and European owners....
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29-Jan-2012, Sembcorp eyes STX OSV stake
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Sembcorp Marine is considering whether to buy a 50.75% stake in Singapore-listed vessel builder STX OSV. Quoting a source close to the company, Reuters reported that Sembcorp is reviewing the buyout o...
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29-Jan-2012, Labuan Shipyard eyes jobs worth RM150m
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Labuan Shipyard and Engineering Sdn Bhd aims to secure at least two major projects from Petroliam Nasional Bhd (Petronas) and Shell worth RM150 million this year. Its chief executive officer Azman Nas...
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29-Jan-2012, Viktor Lenac ramps up repair facilities
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In November 2011, Croatian-based Viktor Lenac shipyard signed a contract to purchase a new floating drydock from the Ukraine shipyard Kherson State Plant 'Pallada'. The new dock will be delivered in M...
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28-Jan-2012, "Banks agree on bailout plan for Sungdong"
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Marine-net reported that South Korean media reports that "Creditor financial institutions have reached agreement on a package of rehabilitation measures for ailing Sungdong Shipbuilding & Marine Engin...
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28-Jan-2012, IHI bares offshore strategy
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In conjunction with the January 20, launching of an FSO, Marine-net interviewed Masaaki Tomizawa, manager of the offshore and steel structure section, about the offshore order-taking strategies. The k...
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28-Jan-2012, Qingdao Beihai delivers eight 180,000 dwt bulkers in 2011
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In 2011, Qingdao Beihai Shipbuilding Industry Co., Ltd. delivered eight 180,000 dwt bulkers. Its shipbuilding production value grew by 38.1% YoY while its ship repair business saw 28.8% YoY growth in ...
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25-Jan-2012, IHI launches FSO
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Marine-net reported that on January 21, IHI Corp. launched a floating storage and offloading (FSO) unit now under construction at its Aichi Works for U.S. oil major Chevron Corp. The structure is sche...
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25-Jan-2012, Korean Shipyards to Buy 12% Less Steel as Slump Hits Posco
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South Korean shipyards plan to buy 12% less steel plate this year. Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. will cut purchases to a c...
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23-Jan-2012, Guangzhou Huangpu Shipyard reviews 2011
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In 2011, Huangpu Shipyard delivered 25 ships and actualized industrial production value of RMB7.03bn. In 2011, the shipyard won orders to build 29 merchant vessels of six types including 76,000 dwt bu...
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22-Jan-2012, Yichang Shipyard expands annual capacity to 120,000 dwt
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Yichang Shipyard affiliated to Sinotrans-CSC Group claims to become the largest shipbuilding base in the upper reaches of the Yangtze. With RMB100m investment, Yichang Shipyard has expanded its two sl...
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21-Jan-2012, Yiu Lian Dockyards (Shekou) ranks No.1 ship repairer in 2011
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In 2011, Yiu Lian Dockyards (Shekou) Limited repaired and converted 223 ships and actualized RMB1.85bn production value, ranking the top ship repairer in China in 2011. The production value excludes t...
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21-Jan-2012, Jiangsu New Century delivers 31 ships in 2011
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On 9 December 2011, Jiangsu New Century Shipbuilding Co., Ltd. delivered one 115,000 dwt bulker to its Korean owner, increasing its deliveries in 2011 to 31 ships, totaling 4.2134m dwt. In the first 1...
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20-Jan-2012, Kawasaki debuts LNG containership design
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Kawasaki Heavy completes development of a LNG fuelled 9 000 TEU container and obtained Approval in Principle from DNV. The ship is designed with a new type of LNG tank that provides more space for con...
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