UniCredit supports Gdansk yard [General]
Corporate and investment banking group UniCredit has extended its involvement with Poland’s Gdansk Shipyard. A 24-month marketing-focussed deal builds on a strategic advisor alliance that began with the bank in 2009 as the shipyard sought to re...
2010-10-01 08:46:27
Int'l Paint expands antifouling product line [Equipment]
International Paint has improved and expanded its range of antifouling coatings. The line up now includes products with higher solids volumes products. These need a lower number of coats per scheme and produce lower levels of overspray and reduced VO...
2010-10-01 08:41:50
Nuclear power for LNG carriers [Shipping]
Babcock International Group's Marine Division has completed a study to investigate the commercial implications of developing a nuclear-powered LNG carrier. Among its findings, the study has identified that recently updated legislation and available c...
2010-10-01 08:38:40
India aims for 5% share worldwide [Shipbuilding]
The Indian shipbuilding industry currently accounts for about 1 per cent of the global shipbuilding market and is targeting a world share of 5 per cent by 2017, the union shipping minister said on Tuesday. Addressing a Ports & Maritime Industry S...
2010-10-01 08:37:31
Vietnam-Czech shipyard deal [Shipbuilding]
Vietnamese and Czech enterprises agreed to co-operate in shipbuilding and ship repair industries as well as technological transfer at a business conference. The agreement is confirmed by a contract signed by PSJ and Nosco Vinalines, a memorandum ...
2010-10-01 08:35:31
Hamworthy orderbook at $261m [Equipment]
UK LNG ship systems company Hamworthy has added 15% to its orderbook over the last five months. In a trading update, it said the backlog stood at £164m ($260.6m) to 31 August. Hamworthy has clinched an eight-ship deal for LPG systems in...
2010-10-01 08:32:46
Standard Chartered helps owners finance ships [Finance]
Standard Chartered Bank has kicked off a new leasing solutions service for shipowners in Asia, Africa and the Middle East. Led by ship finance veteran Sander Scheepens it will help owners fund the development of their fleets. In a statement the ba...
2010-10-01 08:29:51
Vinashin sells ships worth $160m [General]
Near-bankrupt Vietnam Shipbuilding Industry Group (Vinashin) will sell off another 35 ships before the year is out. So says Vietnam’s government office chairman Nguyen Xuan Phuc. The company hopes to raise about $160m from the disposals, he add...
2010-10-01 08:24:49
Keppel wins $101m rig revamp order [Offshore]
Keppel Corporation has clinched contracts worth nearly $101m. Singapore-listed Keppel says its subsidiary, Keppel Fels, is ready to revamp a pair of semisubmersible drilling rigs, according to an exchange filing. The first deal involves the c...
2010-10-01 08:21:27
Russia's USC plots IPO in 2013 [Finance]
Russia's state-run United Shipbuilding Corporation may sell 20-30 percent of its shares in an initial public offering in 2013, USC President Roman Trotsenko said on Thursday. "It's up to the government to decide but let me presume that the level ...
2010-10-01 08:18:18
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