2020 October 7
Sovcomflot IPO Expected to Price at Low End of Range
Russian shipping company Sovcomflot is guiding investors to expect its initial public offering (IPO) to price at the low end of the marketing range...
Singapore Ramping Up LNG Bunkering Capacity
Singapore’s annual liquefied natural gas (LNG) bunkering capacity is expected to hit 1 million tonnes by 2021...
South Korean Shipyards Lead New Orders as Shipbuilding Backlog Falls
Total new orders reached over 600,000 compensated gross tons in September...
Building battery confidence: Project unites stakeholders around battery fire facts
Addressing the need for shared understanding of marine battery fire risk, key industry stakeholders joined forces in a DNV GL-led joint development project (JDP) on managing explosion and fire risks related to lithium-ion maritime battery systems.
2021 January 26
This year’s order portfolio of Krasnoye Sormovo, one of the oldest shipyards in Russia, has been curtailed by at least 5 ships particularly due to STLC’s rejection of the option under an agreement for construction of dry cargo carriers signed earlier. Does that mean cutting jobs in the Nizhny Novgorod Region or parting with contractors? General Director of the shipyard Mikhail Pershin tells about that in his interview with IAA PortNews.
Mikhail Pershin: It takes Krasnoye Sormovo half a year to build a serial dry cargo carrier