Odfjell to Cancel Four Gas Carriers at Nantong

Norwegian Odfjell is likely to cancel the four 17,000 cbm gas carriers at China’s Nantong Sinopacific, the company said, following recent discussions with the shipbuilding yard related to the delayed construction of its eight LPG/Ethylene vessels on order

Nantong Dongxin Shipbuilding to be liquidated

A local court in Nantong has ruled to liquidate the assets of Nantong Dongxin Shipbuilding, at the request of a...

Nantong Rainbow teams up with GustoMSC

Nantong-based Rainbow Heavy Industry (RHI) has announced that it has signed a framework agreement with Dutch company GustoMSC to cooperate on offshore products.

Nantong Mingde President Arrested

Ji Fenghua, president of Nantong Mingde Heavy Industry, has been arrested by the police although the reason for the arrest is not yet known.

Bankrupt Nantong Mingde seeks new investors

Bankrupt Nantong Mingde Heavy Industry has announced that it is seeking new investors after its former potential investor Sainty Marine failed to make the mark to help with its restructuring. ...

Sainty Marine aborts plan to help restructure Nantong Mingde

China’s troubled shipyard Sainty Marine has aborted its plan to help the restructuring of debt-ridden compatriot Nantong Mingde Heavy Industry. ...

Nantong Rainbow Secures Order from ESSA

Mexico’s state-controlled salt exporter Exportadora de Sal SA de CV (ESSA) has ordered a new ship-type from...