Um Deniz Sanayi News

Strong Markets Helps Change Yard Philosophy

News that a new alliance between Dutch builder Volharding Shipyard and Um Deniz Sanayi of Turkey has been formed is further evidence that some shipbuilders are considering strategic partnerships to take advantage of booming markets. The companies will combine their efforts to build a series of six chemical tankers – reportedly ranging from 12,000 dwt to 40,000 dwt – whilst envisaging further scope for co-operation in the future. Meanwhile India’ shipping ministry is hoping to promote the country’s new construction and repair capabilities in a series of international presentations in November. In a bid to endorse the country’s yards as an alternative to stretched-out deliveries three or more years hence…