COSCO: Bottom fishing for escalating [Finance]
As head of Chinese ocean shipping, COSCO’s stock has dived by nearly 30%. In addition, insiders revealed that the total profit in the past three months would be increased by over 50% against last year. At the end of August, COSCO Shipping issued...
2010-10-05 01:44:04
Boxship keeps stable [Shipping]
To enter off-season, market showed anxiety on the trend of boxship. Taiwanese Evergreen and Yang Ming thought it was normal that the cargo volumes in 4th quarter were lower than those of 3rd quarter. However, it might still be maintained abover 90% l...
2010-10-05 01:42:27
World's largest floating dock rolls out [Equipment]
A 500,000-ton class floating dock Green Dock IV with a buoyancy of 130,000 tons was rolled out from China's COSCO Dalian Shipyard and delivered to South Korea's Samsung Heavy Industries on September 29th. It is the world's largest among 500,000-to...
2010-10-04 08:04:39
Vinashin finishes Natixis repayment [Finance]
Vietnam's state shipbuilder Vinashin has completed repaying its debt to French bank Natixis, using funds from the Vietnamese government's overseas bonds for part of the settlements, writes Reuters. Vinashin, which has been near bankruptcy, used t...
2010-10-04 07:35:14
Rongsheng secures $4.5bn credit [Finance]
Jiangsu Rongsheng Heavy Industries has secured CNY50bn ($7.4bn) from the Bank of China. The bank will lend CNY30bn ($4.47bn) under a bank-enterprise strategic cooperation agreement while the remaining CNY20bn ($3bn) will be provided under a suppl...
2010-10-04 07:33:24
Ship orders fall on Asian holidays [Shipbuilding]
The newbuilding ordering pick up of activity during the month of September is currently on a hold, as annual lunar holidays in both China and Korea have essentially wiped out almost 60% of the shipbuilding industry, in terms of potential order taking...
2010-10-04 07:31:33
Nordic revives cancelled order [Shipping]
Germany’s Nordic Yards wants to finish off a containership newbuilding cancelled by Laeisz Reederei two years ago. It says conditions are now right to complete hull number 163 in Warnemunde and claims to already have several owners interested in...
2010-10-04 07:28:29
Wartsila builds new plant in China [Equipment]
Finland’s Wartsila is extending its reach in China with a deal to make controllable pitch propellers. It will use its base at Wartsila CME Zhenjiang Propeller in Zhenjiang and pump in EUR 12m ($16.47m) to build a new plant there. The first deli...
2010-10-04 07:26:19
Diana buys post-panamax resale [Shipping]
Diana Shipping has owned up to the purchase of a new post-panamax bulk carrier. New York-listed Diana says it will pay $40.8m for the 92,500-dwt East Sunrise 88. The Jiangsu New Yangzijiang-built vessel will be renamed Alcmene when it is deli...
2010-10-04 07:24:30
STX wins AHTS in Brazil [Offshore]
Norwegian shipowner Dof has again turned to STX for an anchor handling tug supply (AHTS) newbuilding. Dof’s Brazilian wing Norskan Offshore has booked a single AH 11 design vessel at STX in Brazil only a month after its last order at the same ya...
2010-10-04 07:21:47
Start  Prev  4201  4202  4203  4204  4205  4206  4207  4208  4209  4210  Next  End
« 2024 - 5 »
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 31  
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"