Tag: splash24x7
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Expansion plans laid out for HD Hyundai Vietnam Shipbuilding
HD Hyundai Vietnam Shipbuilding will expand capacity to build 15 ships a year up from the current maximum of 12 with the company’s Korean parent revealing plans to potentially expand further to 23 ships a year by 2030. The Vietnamese subsidiary of the Hyundai Heavy shipbuilding conglomerate is the largest, most advanced shipyard in Vietnam,…
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Famous VLCC changes hands for an eighth time
A tanker with a colourful past has changed hands for the eighth time in its 18-year history and the second time this year. Piraeus-based Cavalli Marine has bought the Chinese-built Yale from Turkey’s Varan Maritime and renamed the vessel Alter Ego. No price has been revealed with online portal VesselsValue suggesting the vintage tanker has…
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New Jiangzhou Shipyard seals debut ethylene carrier order
China’s Jiangxi New Jiangzhou Shipbuilding Heavy Industry has entered the gas carrier shipbuilding segment in a deal with a domestic owner. The restructured builder, formerly known as Jiangzhou Union Shipbuilding, has been contracted by gas shipowner Shenzhen Haihong Shipping for a single 7,000 cu m ethylene carrier. The builder, which has seen several orders coming…