Hyundai wins LNG carriers [Shipbuilding]
South Korea's Hyundai Heavy Industries announced today that it has inked up to three 155,000 cu m LNG carriers for Greek owner George Prokopiou's Dynagas LNG outfit. The owner became the third Greek shipowner to book new LNG carriers this year aft...
2011-05-31 06:41:48
STX wins 4 MR's [Shipbuilding]
STX Offshore & Shipbuilding, a South Korean shipbuilder, said Monday that it has won a US$150 million deal to build four Medium Range Products Carriers. Under the deal with Thenamaris of Greece, STX O&S will deliver the vessels used to carry oil p...
2011-05-30 10:37:55
China aims at shipbuilding superpower [General]
If measured by the number of ships produced and the number of vessel orders received, China is the world’s leading shipbuilder. However, in order to become a real superpower in the shipbuilding industry China still needs some more time, so being sa...
2011-05-30 07:52:22
S&M yards in crisis [Equipment]
Small and medium-sized (SM) South Korean shipbuilders who have played an important part of Korean shipbuilding industries for the past 20 years may fall to extinction in future, some argue. Mainly late comers, including C& Heavy Industries, Jinse Shi...
2011-05-30 07:47:26
JES swings to profit [Finance]
Chinese shipbuilder JES International has swung to a net profit in the first quarter, reversing from the heavy losses in the previous year's quarter. The Singapore-listed firm posted net profit of RMB31.6m ($4.9m) in the first quarter compared to...
2011-05-30 07:35:39
Russia approves shipbuilding support [General]
Recently, the Russian Government has approved the bill on support of Russia’s shipbuilding and shipping industry. As Deputy Minister of Transport of Russia Viktor Olersky said in an interview with journalists the amendments will help reduce con...
2011-05-30 07:32:08
USC allowed to buy yard assets [General]
Federal Antimonopoly Service (FAS) granted the United Shipbuilding Corporation (USC) to buy 75.82 percent stake in Severnaya Verf and 88.32 percent stake in the Baltic Shipyard. This is stated in the official records of the Office, published on t...
2011-05-30 07:29:10
ABB bound for Brazil [Equipment]
ABB plans to set-up a factory in Brazil to build its Azipod propulsion system. The Swiss-based engineering giant said the region has quickly become a “key strategic area for its marine business.” “Our portfolio fits well into Brazil’s...
2011-05-30 07:25:58
Keppel Phil sells yard stake [Finance]
Keppel Philippines Holdings has offloaded a huge stake in a local shipyard company. A subsidiary of diversified Filipino company San Miguel Corp has snapped up the 72% stake in Keppel Cebu Shipyard Land for PHP 596.6m ($13.7). The buyer is SM...
2011-05-30 07:23:04
HEISCO earnings rise [Finance]
Kuwait-based Heavy Engineering Industries & Shipbuilding Co (HEISCO) has pushed up its earnings in the first quarter of this year. The shipyard said net profit was KWD 1.08m ($3.9m) to 31 March, compared to KWD 251,585 a year earlier. Total asset...
2011-05-30 07:20:24
Start  Prev  3911  3912  3913  3914  3915  3916  3917  3918  3919  3920  Next  End
« 2024 - 6 »
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"