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Shipbuilding

Russian Shipyard Booming, Recruits Shipbuilders

By 2013, labor staff of Baltiysky Zavod Shipbuilding Ltd (affiliate of United Shipbuilding Corporation) will increase by one third. The shipyard's backlog of orders now has grown to RUR 55-million. Revenue of Baltiysky…

Shipbuilding

China Shipyards Deliver Three Bulk Carriers

COSCO Corporation (Singapore) announce deliveries of three bulk ships from its shipyards in China. Subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: COSCO…

Contracts

DFDS Cancels P+S Werften Shipbuilding Contracts

Short sea RoPax ferry operators DFDS cancel contracts for two RoRo freight ships from Gernan shipyard in liquidation. DFDS say that the contracts worth DKK 1.0-billion are cancelled on account of the shipyard’s breach of…

Shipbuilding

China Shipyard Short of Cash

Dongfang Shipbuilding Group Co., Ltd. (Zongyang) the largest private shipyard in Anhui is preparing to sell off part of its assets, or intends to recapitalize. In early May 2007, Zhejiang Dongfang Shipbuilding Group Co…