DnB NOR to finance $4bn LNG carriers [Equipment]
Norway's DnB NOR is in talks on lending between $3.5 billion and $4 billion in the second half of this year to finance orders for new liquefied natural gas (LNG) vessels, it said on Wednesday. "We are working on 5-6 LNG financing projects with variou...
2011-08-12 07:25:10
Rongsheng wins 1st-ever overseas loan [Finance]
China Rongsheng Heavy Industries Group Holdings Limited ("China Rongsheng Heavy Industries" or the "Group"), a large heavy industries group in China, held a signing ceremony on August 10, marking the provision of a US$220 million syndicated loan with...
2011-08-12 07:21:42
Maersk in 10,000TEU conversion [Shipping]
Maersk Line is set to boost the capacity of its containership fleet through a major conversion program in China. The project involves increasing the size of the so called S Class fleet of 16 8,600-teu vessels to 10,000 teu. The conversion job...
2011-08-12 07:19:24
Hyundai wins 5,000TEUs [Shipbuilding]
Container Carriers Corp, the recently-launched boxship offshoot of shipowner Evangelos Marinakis’ Capital Maritime group, has firmed up a fifth containership newbuilding at South Korea's Hyundai Heavy Industries and is looking at further expansion ...
2011-08-12 07:14:36
Yangzijiang high-speed growth [General]
Yangzijiang Shipbuilding posted a 20% rise in second quarter net profit boosted by a rise in completion of orders won at high prices before the 2008 global financial crisis. The Singapore-listed Chinese shipyard handed over 29 vessels in the firs...
2011-08-12 07:09:11
Daewoo wins by "early delivery" [General]
Daewoo Shipbuilding & Marine Engineering's competency in early delivery is analyzed to have mostly attributed to its winning series of orders recently. South Korea's Daewoo penned order of four LNG carriers from George Economou of Greece on July 2...
2011-08-12 06:43:07
China builds mega offshore yard [Offshore]
Chinese largest yard for offshore plant has begun its construction in Shandong, China. CNY 10bn ($1.56bn) is invested to construct the largest offshore yard in China which builds offshore plants. Private-owned Jiangsu Eastern Heavy Industry t...
2011-08-12 06:39:32
Daewoo eyes LNG-RV [Shipbuilding]
South Korea's Daewoo Shipbuilding & Marine Engineering is revealed most likely to win order of around $270m LNG-RV from Petrobras, a state-owned oil company in Brazil. Petrobras proceeds with a "Petrobras Project" to build Brazil of the largest en...
2011-08-12 06:35:22
Daewoo "yet to ink HMM 13,100TEUs" [Finance]
South Korea's Daewoo Shipbuilding and Marine Engineering announced that contract for ultra-large boxships has not been finalised yet. On Aug 11, Korea Exchange demanded Daewoo to notify about its recent coverage regarding winning boxships and Daew...
2011-08-11 15:15:31
Hyundai satellite-live naming ceremony [General]
South Korea's Hyundai Heavy Industries and Hyundai Samho Heavy Industries held a real-time satellite signing ceremony at Ulsan and Youngam, South Jeolla Province on Aug 11. Signing ceremony for one of two boxships constructed by HHI and the other ...
2011-08-11 14:27:57
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