BDI keeps falling & falling [Shipping]
The dry bulk shipping market’s benchmark, the Baltic Dry Index, has fallen to 1,186 points yesterday. The Australian floods saga, coupled with an overcapacity of tonnage is “drowning” freight rates. At this rate, some owners have already beg...
2011-01-28 09:08:17
Rongsheng backed by local banks [Finance]
Jiangsu Rongsheng Heavy Industries is likely to complete for a CNY 10bn ($1.5bn) funding deal with China Everbright Bank. The company has also secured additional credit worth CNY 50bn from other Chinese banks in deals that will be finalised in th...
2011-01-28 08:49:34
Keppel books two jack-ups [Offshore]
Singapore’s Keppel Corp has been awarded a second order for jack-up drilling rig newbuildings in a week. Discovery Offshore has ordered two KFELS Super A Class units at a cost of $416m for delivery in the first and second half of 2013. The owne...
2011-01-28 08:45:16
Xingang pens capes & handymaxes [Shipbuilding]
China’s Tianjin Xingang Shipbuilding Heavy Industry has won four capesizes and four handymax bulker orders from French shipowner Louis Dreyfus Armateurs. The eight newbuildings will cost $300m. “LDA is confident that today's depressed mark...
2011-01-28 08:40:40
Daewoo wins first-ever LNG-FPSO [Offshore]
Daewoo Shipbuilding & Marine Engineering has won a $2bn LNG-FPSO order for the first time. According to industry sources, the Korean shipbuilder and France's Technip are to sign a front-end engineering and design (FEED) contract for one LNG-FPSO w...
2011-01-28 08:30:10
Daewoo M&A, deposit return trial delayed [General]
Postponed is the first trial of the return claim for Daewoo Shipbuilding & Marine Engineering acquisition fulfillment deposit of KRW 315bn ($282m) between Korea's Hanhwa Group and Korea Development Bank (KDB). It was supposed to take place on 27th Ja...
2011-01-28 07:29:57
KR inspects engines & pumps for PPS [Equipment]
Korean Register of Shipping (KR) revealed yesterday that it has been designated as a professional inspection agency of Korea's Public Procurement Service (PPS) and will conduct a specialized product quality inspection from the 1st of March. The items...
2011-01-28 07:24:49
Hyundai, highest results in history [Finance]
Korea's Hyundai Heavy Industries made the highest record of business results in its history last year. Hyundai announced yesterday that the company saw KRW 22.4052trn ($20.1bn) of sales, KRW 3.4394trn of operating profit and KRW 3.7611trn of net ...
2011-01-28 07:20:32
Samsung operating profit jumps 25.7% [Finance]
Korea's Samsung Heavy Industries publically disclosed 2010's business results on 27th January. Its sales decreased by 0.3% year-on-year to KRW 13.0539trn ($11.7bn) while operating profit increased by 25.7% compared to the previous year to KRW 997...
2011-01-28 07:11:16
'Big 4' expand plates use [Equipment]
As Korea's big four shipbuilders target to increase deliveries this year, the consumption of steel plates is expected to rise by 12% year-on-year to 8m tons. Hyundai Heavy Industries Group (Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyund...
2011-01-28 07:04:19
Start  Prev  4061  4062  4063  4064  4065  4066  4067  4068  4069  4070  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"