China Merchants completes acquisition of Qingdao Yangfan Shipbuilding

Heesen Yachts Announces Aquisition by Laurens Last

Dutch shipyard Heesen Yachts has announced its complete acquisition by Dutch entrepreneur and investor Laurens Last. This pivotal move secures the shipyard’s long-term future, reinforcing its tradition of innovation, expert craftsmanship, and dedication to producing world-class luxury yachts.  Laurens Last, an experienced entrepreneur and avid yachtsman, brings a wealth of business expertise and a strong […] The post Heesen Yachts Announces Aqui…

HSL Sails Into Profit After Decades of Loss – Asian News from UK

Hindustan Shipyard Limited (HSL), the state-owned defence shipbuilder, is poised to receive the coveted ‘Mini Ratna’ status After more than four decades of financial turbulence, Hindustan Shipyard Limited (HSL) is charting a new course towards profitability and prestige, with the state-owned defence shipbuilder poised to receive the coveted ‘Mini Ratna’ status. This dramatic transformation marks a landmark in India’s industrial revival under Pri…

China Merchants completes acquisition of Qingdao Yangfan Shipbuilding

State-run China Merchants has completed the acquisition of its seventh shipyard, Qingdao Yangfan Shipbuilding, in the northeast of the country. The yard, one of China’s oldest, has been rebranded CMI Qingdao Shipyard. The yard is best known for building large bulk carriers and containerships in its two drydocks. The shipyard can trace its roots to …