DUBAI, Sept 18 (Reuters) - DP World, one of the world's largest port operators, has agreed to buy two fellow state-owned maritime companies from its parent for $405 million. DP World will acquire Dubai Maritime City owner Maritime World for $180 million and Drydocks World for a capital injection of $225 million from Dubai World, the port operator said in a statement on … [Read more...]
Five Killed in Shipyard Fire in Batam, Indonesia
A fire aboard a tanker that was undergoing repairs at ASL Marine's shipyard in Batam, Indonesia killed five people and injured one last Thursday, the shipbuilder has confirmed. The company said the fire occurred on 7 September 2017 on board a tanker a tanker that was being repaired at one of the company's dry docks. Initial investigations indicated that the fire … [Read more...]
Chinese Shipyards See New Orders Fall by Almost Half in 2015
By Bloomberg News (Bloomberg) -- New orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in order as the country’s appetite for raw materials wanes and shipping rates languish at multiyear lows. Shipbuilders in China received new orders amounting to 31.3 million deadweight tons last year, a world-leading 34 … [Read more...]
Four Killed in Tanker Blast at Indonesian Shipyard
Four people were killed Monday after a tanker exploded at a shipyard in North Sumatra, Indonesia. The blast occurred Monday evening aboard the MT Palu Sipat while docked at the PT Waruna Nusa Sentana shipyard in Belawan. Three workers were killed instantly and a fourth later died from severe burns. The Indonesia-flagged Palu Sipat is owned by the state-owned oil and … [Read more...]
Scandlines Ferry Damaged in Shipyard Dock Accident
A Scandlines ferry in dock at the Remontowa shipyard in Gdansk, Poland for planned upgrades is getting an unexpected extended stay. The ferry Prinsesse Benedikte was finishing up a three-week scrubber installation at the yard earlier this week when the floating dock it was in keeled over during the float-out, causing the ferry to slip down the keel block. The incident … [Read more...]