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Pacific Radiance sues Chinese shipyards - 13/06/2016
Singapore-listed Pacific Radiance is suing Shanghai Waigaoqiao Shipbuilding & Offshore and China Shipbuilding Trading (Shanghai) over the construction contracts for two platform supply vessels (PSVs).
For the complete story, see:
http://splash247.com/pacific-radiance-sues-chinese-shipyard/
Bloomberg - CDB Leasing said to attract Three Gorges, CSSC to $1 billion IPO - 17/06/2016
China Development Bank Financial Leasing Co. is in talks to sell stock to China Three Gorges Corp. and China State Shipbuilding Corp. in its Hong Kong initial public offering, which could raise about $1 billion, according to people with knowledge of the matter.
For the complete story, see:
http://www.bloomberg.com/news/articles/2016-06-17/cdb-leasing-said-to-attract-three-gorges-cssc-to-1-billion-ipo-ipjfgjw1
IHS Jane's 360 - China consolidates aero-engine and naval shipbuilding sectors - 14/06/2016
In separate announcements made on 13 June it was confirmed that China has merged major subsidiaries of the China Shipbuilding Industry Corporation (CSIC).
For the complete story, see:
http://www.janes.com/article/61323/china-consolidates-aero-engine-and-naval-shipbuilding-sectors
Splash 24/7 - Ansheng Shipping orders eight boxships at domestic yards - 20/06/2016
Quanzhou-based Ansheng Shipping has signed shipbuilding contracts with Xiamen Shipbuilding Industry and Taizhou Sanfu Shipbuilding for the construction of up to eight boxships in total.
For the complete story, see:
http://splash247.com/ansheng-shipping-orders-eight-boxships-at-domestic-yards/
China.org.cn - China adds state-of-the-art marine science ship - 20/06/2016
China's most advanced marine science ship Xiang Yang Hong 01, built at Wuchang shipyard, went into service in the eastern port city of Qingdao on Saturday.
For the complete story, see:
http://www.china.org.cn/china/2016-06/20/content_38701129.htm
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Media Releases
DSIC - DSIC Offshore delivers the world's first AJ46 platform - 12/06/2016
DSIC Offshore on June 6 held a delivery ceremony of the world first AJ46-1 self-elevating living platform constructed for USA owner CBI-MMEER Accommodations Ltd in Rotterdam, Holland, which has multifunction in living, marine hoist and installation of heavy facilities, and well completion and repair. Facing the unfavorable situation of the increasing risks for global offshore engineering equipment, DSIC Offshore, based on the ship owner's demand and expectation, has changed the...