USC owns Krasnoye Sormovo [Finance]
United Shipbuilding Corporation (USC) has secured a RUB 3 billion credit facility to buy a 61-percent stake in Nizhny Novgorod-based Krasnoye Sormovo Shipyard, RBC reports. According to RBC, USC has closed a deal to purchase shares of the company...
2011-12-28 07:42:29
Vale sells four Valemaxes [Shipping]
Brazilian newspaper, Valor Economico's reports suggest major miner Vale has sold four of its 19 VLOCs to unspecified Asian owners. Vale plans to sell the remaining 15 vessels in 2012, the newspaper reported, citing an unidentified Vale official.&...
2011-12-28 07:39:23
Kamsarmax looking for owner [Shipping]
A kamsarmax newbuilding ditched by a Greek company looks set for a new owner. Brokers say an unnamed South Korean shipping company is taking over the bulker under construction at Sungdong Shipbuilding & Marine Engineering for delivery in July nex...
2011-12-28 07:36:47
VFT inks financing for 10 PC's [Finance]
Russian shipping company Volga Fleet Tanker, part of UCL Holding, recently signed an agreement with OAO Gazprombank to attract long-term financing of $138 million in funds that will be used for construction of 10 tankers of RST 27 project at the pro...
2011-12-28 07:24:54
Mitsubishi licenses tech to L&T [Shipbuilding]
Japan's Mitsubishi Heavy Industries, Ltd. (MHI) announced on Dec. 27th, that it has agreed with L&T Shipbuilding Limited (LTSB), the shipbuilding arm of India's Larsen & Toubro Limited (L&T), under which MHI will provide a broad range of technologica...
2011-12-28 07:21:21
Hyundai awarded Chevron platforms [Offshore]
Chevron has awarded a key contract for the Escravo Phase 3B gas development off Nigeria. The gas project will see the addition of two platforms to bump up the output by another 420 million cubic feet per day from the end of 2014. Industry sou...
2011-12-28 07:18:22
COSCO wins FPSO conversion [Offshore]
COSCO Corporation has won a contract to convert a VLCC into a floating production storage and offloading vessel for a Japanese owner. The Singapore-listed company will turn the 302,000-dwt Sunrise J (ex: Sunrise Jewel,built 1992) into a unit with...
2011-12-28 07:15:18
Asian liners alliance [Shipping]
Five Asian box liner giants are teaming up in the Asia to Europe route. Evergreen will cooperate with the existing Green Alliance of China Cosco Holdings, Yang Ming Line, Hanjin Shipping and Kawasaki Kisen Kaisha to provide 12 weekly services to E...
2011-12-28 07:12:19
China orders cut in half [Shipbuilding]
Although newbuilding delivery in China showed a steady increase during January-November period, new order and orderbook are in downturn trend giving bad effect on development of Chinese shipbuilding-related industries because of economic uncertaintie...
2011-12-28 06:55:47
SPP reaches $1.4bn target [Shipbuilding]
SPP Shipbuilding of South Korea has nearly reached its new order target for this year, by winning a total of 40 vessels of $1.4bn, despite recently clouded shipbuilding and shipping market and European financial crisis. Facing with decrease in new...
2011-12-28 06:50:46
Start  Prev  3651  3652  3653  3654  3655  3656  3657  3658  3659  3660  Next  End
« 2024 - 4 »
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30        
Most Read Articles
There is no data
Related Media News
Navy Chooses Evolution Over Re…
Women encouraged to take up sh…
$765M Research Vessel Highligh…
Latest NB Fixtures
STX, up to 3 tankers
DSME, 3 VLGCs
DSME, 10 VLCCs
Column/Contribution
Steps toward Operational Excellence in Shipbuilding: Elimina…
Reportage/Interview
[Interview: Danfoss Group] "NB market to be recovered"