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Shipbuilding

China Shipyard Delivers Handymax Bulk Carrier

COSCO Corporation (Singapore) Limited subsidiary COSCO (Guandong) Shipyard has successfully delivered the vessel to a European owner. The bulk carrier of 57000 dwt, named Klima measures 189.99 meters in LOA, 32.26 meters…

Shipbuilding

BP Order 13 New Tankships

BP Plc confirms an order for 13 of the vessels, 2012’s largest tankship shipbuilding order. According to information obtained by Bloomberg the order, placed with Changwon, South Korea's STX Offshore & Shipbuilding…

Shipbuilding

Nam Cheong Sells PSV & Two AHTS

Nam Cheong, Malaysia’s largest Offshore Support Vessel (OSV) builder, ends year with record number of sales. Sales of the Platform Support Vessel (PSV) and the two Anchor Handling Towing Supply Vessels (AHTS) are worth a…

People & Company News

STX Group Seeks 2013 Turnaround

Korea-based conglomorate STX saw tough times the past year due to severe cash shortage, but is seeking a turnaround in 2013 after offloading some assests. Market analysts have mixed views for STX. Some say that its bold…