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China Rongsheng to issue $129m in bonds

China Rongsheng Heavy Industries will issue HKD1bn ($128.9m) of convertible bonds in an effort to raise funds for its working capital. The bonds carry

China Ocean Shipbuilding to raise $7.3m

China Ocean Shipbuilding is issuing new shares in a bid to raise around HKD56.61m ($7.29m) to repay debts.

Bergen Group reduces its exposure in shipbuilding

Bergen Group has decided to accelerate the process of reducing the Group's future involvement in the

Singapore Urged to Recycle Ships Safely and Not on South Asian Beaches

NGO, Shipbreaking Platform, has called on Singapore-based ship owners to stop selling their end-of-life s to beach

Indian shipbreaking bounces back as rupee strengthens

In the end, it was simply a matter of holding one’s nerve, refusing to commit locally and weathering the storm caused by the sagging

Cochin Shipyard to develop dry dock in Chennai

With the private sector not participating in the ₹250-crore tender for a dry dock and ship repair facility at

Environmental report to delay Mundra ship recycling yard

The Indian Ministry of Environment and Forests has sought a detailed report on the proposed ship recycling

Vietnam betting on strategic cooperation with Samsung

Great opportunities would be created by the many-sided cooperation with the South Korean

Drydocks World delivers second modular capture vessel for US

Drydocks World, a provider of maritime and offshore services to the shipping, oil, gas and energy sectors, has announced the

Government identifies oil and gas industry for ex-Marsa Shipbuilding site

The government is expected to announce shortly its intentions how it will be transforming the former ship building site

SELAH Shipbuilding completes IEVOLY SAPPHIRE PSV

SELAH Shipbuilding Industry INC. has completed delivery of the H66 project within the name of IEVOLY SAPPHIRE which was

JES International seeks capital boost

Chinese shipyard JES International Holdings is pallning a placement of up to 50m new ordinary shares worth SGD7.23m ($5.69m) to help strengthen the company's

Korean shipbuilders rank top in new orders for 2nd straight month

South Korean shipbuilders ranked top in the volume of new orders won for the second consecutive month in February, outdoing

New Unithai Shipyard facility keeps pace with growing offshore demand

Unithai Shipyard and Engineering, Thailand’s premier shipyard, has expanded its operations to support the steady

Speakers underscore series of steps for sustainable shipbuilding industry in BD

Bangladesh needs waterways infrastructure and container carrying vessels of international standard in

Uni-Asia buys new handysize bulker from Imabari Shipbuilding

Uni-Asia Holdings, an investment firm and integrated service provider of vessels, has entered into a contract with Japan's Imabari

Shipyard delivers fourth FPV

Cochin Shipyard Limited today delivered 'Abhiraj', the fourth of the series of 20 Fast Patrol Vessels being built for

Green nod to Adani's ship recycling facility deferred by EAC

The decision on environmental and costal regulatory zone (CRZ) clearance to Adani Group’s ship

STX Offshore & Shipbuilding wins 620 bln won order

STX Offshore & Shipbuilding Co. said Monday it obtained an order worth 620 billion won (US$578.9 million) to build 12 crude oil tankers.

The Shipbuilding Debate - Is 30% Output Cut Enough?

Shipbuilding is an extraordinary business. Over a century the epicentre has moved from the UK, which once built 60% of the world’s ships, to Europe, Japan, South Korea and now China. Incumbent yards don’t welcome newcomers who have to fight for market share, usually by offering rock bottom prices. Good for shipowners, but the battle often brings shipyard capacity
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