Shipyard News
Panama Canal shipyard back in operation
MAY 3, 2013 — The Balboa, Panama, shipyard that formerly operated as Astilleros Braswell is back in operation after two years of inactivity. In January, Panama's Comptroller General approved a 20 year contract for operation and administration of the yard...
Subsea 7 orders heavy construction vessel at HHI
MAY 8, 2013 — Subsea 7 S.A. (Oslo: SUBC) has signed a contract with South Korean shipbuilding giant Hyundai Heavy Industries for a newbuild heavy construction vessel for delivery in 2016. Executive VP Commercial Steve Wisely (left) says the contract is... Read More
MAY 8, 2013 — Subsea 7 S.A. (Oslo: SUBC) has signed a contract with South Korean shipbuilding giant Hyundai Heavy Industries for a newbuild heavy construction vessel for delivery in 2016. Executive VP Commercial Steve Wisely (left) says the contract is... Read More
Goltens opens new Dubai Maritime City facility
MAY 3, 2013 — Goltens has celebrated the opening of its new facility in Dubai Maritime City with a formal Grand Opening. "We are delighted at the Grand Opening of the modern state-of-the-art Goltens faciity," said Khamis Juma Buamim, Chairman of... Read More
MAY 3, 2013 — Goltens has celebrated the opening of its new facility in Dubai Maritime City with a formal Grand Opening. "We are delighted at the Grand Opening of the modern state-of-the-art Goltens faciity," said Khamis Juma Buamim, Chairman of... Read More
Sembcorp Marine reports increased profits
MAY 3, 2013 — Singapore's Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for the first quarter of 2013 registered an 11 percent increase to S$1.1... Read More
MAY 3, 2013 — Singapore's Sembcorp Marine today reported a 5 percent growth in net profit from Singapore S$113 million in 1Q 2012 to S$119 million in 1Q 2013. Group turnover for the first quarter of 2013 registered an 11 percent increase to S$1.1... Read More
Pemex to take 51% stake in Spanish shipyard
MAY 2, 2013 — Mexico's national oil company, Pemex, yesterday signed a letter of intent with Spanish shipbuilder Hijos de J. Barreras (Astilleros Barreras) and its three shareholders agreeing terms for it to take a 51 percent share in the... Read More
MAY 2, 2013 — Mexico's national oil company, Pemex, yesterday signed a letter of intent with Spanish shipbuilder Hijos de J. Barreras (Astilleros Barreras) and its three shareholders agreeing terms for it to take a 51 percent share in the... Read More
Arbitration panel finds for Algoma in shipbuilding case
APRIL 30, 2013 — Algoma Central Corporation (TSE:ALC) reported today that the London, U.K., Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation,... Read More
APRIL 30, 2013 — Algoma Central Corporation (TSE:ALC) reported today that the London, U.K., Arbitration Tribunal hearing a shipbuilding contract dispute involving Algoma Tankers International Inc., a wholly owned subsidiary of Algoma Central Corporation,... Read More
Japanese shipbuilding merger in works?
APRIL 23, 2013 — Japanese media report that Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. are close to starting talks on integrating their business operations. A merger would create a shipbuilding and heavy engineering... Read More
APRIL 23, 2013 — Japanese media report that Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. are close to starting talks on integrating their business operations. A merger would create a shipbuilding and heavy engineering... Read More
Damen books big Bahamas contract
APRIL 19, 2013 — The Government of the Bahamas has signed a letter of intent with Damen Shipyards Group, headquartered in Gorinchem, the Netherlands. It covers the acquisition of nine vessels for the Royal Bahamas Defence Force and construction work for... Read More
APRIL 19, 2013 — The Government of the Bahamas has signed a letter of intent with Damen Shipyards Group, headquartered in Gorinchem, the Netherlands. It covers the acquisition of nine vessels for the Royal Bahamas Defence Force and construction work for... Read More









