STX inks $5bn freight & newbuild deal [Shipping]
South Korean shipowner STX Pan Ocean has reportedly penned a $5bn transport deal with the Brazilian private company Fibria Celulose for the shipping of pulp from Brazil to the US, Europe and the Far East. The freight contract runs for 25 years si...
2010-10-19 07:33:45
Oversupply bothers shipping market [Shipping]
Currently global shipping market is hanging around recovery stage, as well as China. The oversupply still exists and becomes serous and complicated. In 2009, global container shipping market mire in recession. The trade volume dive by 10% but tran...
2010-10-19 05:41:26
CMES earned $16m in Q3 [Finance]
China Merchants Energy Shipping Company Limited (CMES) issued quarterly report on the evening of October 15th. The profit reached CNY107m ($16m), diving by 16.79% against the same period of last year. In 3rd quarter, the revenue of CMES hit CNY605...
2010-10-19 05:26:35
MCS purchases pipe-lay ship from China [Equipment]
Maritime Construction Services SA Group (MCS) signed with China development bank recently. Maritime Construction Services purchased a pipe-lay ship successfully valued $690m. MCS invited Luxembourg-based Edison Capital Partners to arrange finance....
2010-10-19 05:06:22
STX targets $10bn orders [Shipbuilding]
STX Group is confident of winning $10bn worth of new ship orders this year. Chairman Kang Duk-su said on October 15th, "It would be 'easy' for us to ink $10bn ship orders this year. We will focus all our capacity on building vessels." On manage...
2010-10-18 08:20:02
Half to be liquidated [Finance]
About half of South Korean small- and medium-sized shipbuilding companies now under restructuring program are expected to be liquidated. An official from the Financial Supervisory Service said FSS and creditor banks have recently decided to weed o...
2010-10-18 08:08:21
Italian yard CNP bankrupt [Finance]
Cantieri Navale di Pesaro (CNP) has been declared bankrupt by an Italian court. The Careri family-controlled shipyard has been sunk after creditors pulled the plug to safeguard assets following a dispute with Italian gas-carrier operator Synergas...
2010-10-18 07:45:50
Hudong-Zhonghua inks 8,500TEU quartet [Shipbuilding]
George Economou’s Cardiff Marine has jumped on the boxship-newbuilding bandwagon. Shipbuilding players say the Greek owner has booked four 8,500-teu vessels at state-controlled Hudong-Zhonghua Shipbuilding in China. They add that Cardiff is pay...
2010-10-18 07:42:35
Beluga Hochtief to pen more wind-farm ships [Offshore]
Beluga Hochtief Offshore indicates it is moving toward placing an order for a second high-value wind-farm installation vessel. A newbuilding contract worth approximately EUR 200m ($277m) was penned recently with Polish builder Crist and now Henne...
2010-10-18 07:40:34
MMHE IPO oversubscribed [General]
Malaysia Marine and Heavy Engineering's initial public offering has been oversubscribed by more than 20 times, two fund managers with direct knowledge of the matter told Reuters. Bids for the auction far exceeded earlier estimates that placed the...
2010-10-18 07:37:29
Start  Prev  4191  4192  4193  4194  4195  4196  4197  4198  4199  4200  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"