ShipbuildingNews

COSCO Shipping Aries

China's First 20,000 TEU Container Ship Delivered

By MarEx 2018-01-17 06:08:03

China's first 20,000 TEU container vessel COSCO Shipping Aries is undergoing sea trials at the Port of Nantong after a naming ceremony on Tuesday. The delivery sets a new record in the country as the first 20,000 TEU ultra large...

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Imabara Shipbuilding

Japan's Imabari Shipbuilding to Buy Rival

By MarEx 2018-01-14 17:12:02

Japan's largest shipbuilder Imabari Shipbuilding is acquiring a domestic rival Minaminippon Shipbuilding as of April 1. The yard says the move will boost production capacity and international competitiveness. Minaminippon mainly builds and repairs tankers and vehicle carriers. It has annual...

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LEGO

LEGO Launching Ship in a Bottle

By MarEx 2018-01-10 08:19:52

LEGO is releasing a ship in a bottle set that will be available next month. The set has been designed by LEGO Ideas member Jake Sadovich from the U.S. The official description of the product says it is a highly...

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HHI

Hyundai Heavy Industries Faces Union Trouble

By MarEx 2018-01-09 09:51:55

Workers at South Korean shipbuilder Hyundai Heavy Industries have voted against a tentative wage deal. Yonhap news agency reports that the union said 56.1 percent of its 8,804 members who cast ballots voted against the agreement signed by the union and the company...

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Saudi JV

Saudi Aramco Launches Shipyard Joint Venture

By MarEx 2017-12-30 15:10:13

Saudi Aramco and its partners Lamprell, the National Shipping Company of Saudi Arabia (Bahri) and Hyundai Heavy Industries have launched a shipyard focused on the offshore sector at Ras Al-Khair Industrial City in Saudi Arabia. When fully operational in 2022,...

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HHI

Hyundai Heavy Industries Plans to Boost Finances

By MarEx 2017-12-29 19:57:54

Hyundai Heavy Industries plans to list its refining subsidiary Hyundai Oilbank in an IPO to raise about $1.2. The group also plans to issue 12.5 million rights shares, worth about $1.21 billion, by March.  The two moves are designed to...

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Keppel

Keppel Resolves Bribery Case Globally

By MarEx 2017-12-23 15:36:36

Keppel Corporation has reached a global resolution with criminal authorities in the United States, Brazil and Singapore in relation to corrupt payments made by Keppel Offshore and Marine's (KOM) former agent in Brazil, Zwi Skornicki. The resolution relates to corrupt...

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alt

Metal Shark Announces New Pilot Boat Contracts

By MarEx 2017-12-20 21:04:54

Louisiana-based shipbuilder Metal Shark has set its sights on the pilot boat market with a range of custom-configurable pilot offerings and two new pilot boats currently under construction. Metal Shark is currently building a 45-foot Defiant Pilot Boat for the...

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file

Hyundai Merchant Joins the 22,000 TEU Club

By MarEx 2017-12-20 20:54:53

Hyundai Merchant Marine narrowly avoided receivership just last year, but now – thanks in part to significant government support – it is expanding its investments in tonnage, including a series of 22,000 TEU boxships.  At a sales meeting on...

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M/T Mia Desgagnés

Canada's First Dual-Fuel, Ice Class Product Tanker Delivered

By MarEx 2017-12-20 17:07:22

Canadian company Desgagnés has taken delivery of the M/T Mia Desgagnés, the nation's first dual-fuel oil/product and chemical tanker. Notably, the ice class vessel can be powered by either heavy fuel oil, marine diesel oil or LNG. The tanker is...

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