Grand Bahama Shipyard announced that it has officially resumed operations and welcomed back its first commercial vessel. This would be the 57,062-ton Agathonissos owned by Greece-based Eletson, which returned to the yard on September 11 to finalize repair work that started before Hurricane Dorian arrived in the Bahamas earlier this month.
Beijing-based China CAMC Engineering announced the signing of a USD 211 million contract to expand the Thilawa Shipyard in Myanmar, formerly known as Burma, Monday. CAMCE will build a dry dock with capacity 40,000 tons and supporting facilities over the next six years.
The Government of Canada announced it has made amendments to the invitation to qualify (ITQ) for a third National Shipbuilding Strategy shipyard, correcting an inconsistency in the vessel dimensions that shipyards’ must be capable of building and launching.
Ireland’s historic shipyard Harland and Wolff, which is known for building Titanic, is about to go into bankruptcy, ending a shipbuilding tradition of centuries in Belfast. The Irish shipbuilder, which dates back to 1861, filed for insolvency at the High Court in Belfast.
In Palermo, Italy, ALE finalized the lengthening of two ships to make them the longest cruise ships in the world. The Grimaldi Roma and Grimaldi Barcelona operate on the busy Civitavecchia-Barcelona route and the lengthening has increased the capacity on both ships.
As the NGO Shipbreaking Platform informed via its twitter account, three workers lost their lives and at least six were injured because of a toxic gas leak at a shipbreaking yard in Chattogram, Bangladesh. The incident took place on July 31, at the shipbreaking yard of MAK Corporation.
Chatsworth, US-based investment banking firm, is collaborating with Onex Elefsis Shipyards on investment of about USD 400 million in financially-distressed Elefsina Shipyards. The agreement for the partnership was decided on July 9, between the two companies. Now, Chatsworth Securities became the stakeholder of the shipyard and is also the exclusive investment bank for the company’s capital needs.
On Tuesday, July 2, a worker suffered serious injuries after an industrial accident at Irving Shipyard and was then hospitalised. Up to now, there are no details on how the worker fell. The Shipyard commented that the worker was a contractor who was injured while ‘serving a piece of contractor’s equipment.’
The US Department of Transportation’s Maritime Administration announced $19.6 million in grants to help capital improvements at 28 US small shipyards as a part of its Small Shipyard Grant program. Provided through MARAD’s Small Shipyards Grant program, the funding supports employee training and related improvements that adopt increased efficiency and economic growth.
The shipyard, Royal Van Lent, plans to upgrade its facilities at the Port of Amsterdam, aiming to enable the build of larger super yachts of up to 160 meters in length. Under this upgrade, Trelleborg’s marine and infrastructure operation has supplied one Gina gasket to the facility’s new floating dry dock.
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