Ship Repair
20.01.2025
Ship Repair

Damen and Fayard refute sanction-busting allegations

Both Damen and Fayard have refuted accusations of sanction-busting in the course of repairing Arc 7 icebreaking LNG carriers for use at the Russian Yamal LNG project.

An Financial Times article last week highlighted that the two yards are critical…

Ship Repair
20.01.2025
Ship Repair

Harland & Wolff yards enter administration, Navantia takeover agreed

After a long period of uncertainty over their future, the four shipyards operated by Harland & Wolff -Belfast, Appledore, Methil and Arnish - are being placed into administration as part of the Navantia takeover deal, with the new owner not set to…

Ship Repair
20.01.2025
Ship Repair

Gibdock Yachting targets superyacht refit market

Ship repair yard Gibdock has launched Gibdock Yachting, a new division dedicated to superyacht maintenance and refit services, as part of its efforts to expand in a growing market.

The new division will leverage Gibdock’s experience in servicing…

Ship Repair
20.01.2025
Ship Repair

Middle-East yards could benefit as Houthis pledge to stop attacking non-Israeli vessels

Houthi pledges to end attacks on most ships will be a boon for Middle-East shipyards, some of which have seen a change in their patterns of bookings as a result of vessels steering clear of the region.

Noting a downward trend in the proportion of…

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