Samsung gives up new yard plan [Shipbuilding]
Samsung Heavy Industries has given up a plan to invest in a new shipbuilding industrial complex in Namhae County, South Gyeongsang Province, South Korea. Sources say an SHI official had said, "Due to a downturn in global shipbuilding market, we ca...
2010-09-08 09:05:56
CMA CGM & Koexim agree on LTV [Finance]
The world's third largest container line CMA CGM has reached an agreement with the Korea Eximbank on LTV adjustment. The French line had secured financing from the Export-Import Bank of Korea (Korea Eximbank) for 11 newbuildings of a total of 30 o...
2010-09-08 08:50:21
POSCO backs away from DSME [General]
South Korea's Pohang Iron and Steel Company's (POSCO's) acquisition of Daewoo International Corporation means it will back away from bidding for Daewoo Shipbuilding & Marine Engineering (DSME), its chief executive has confirmed. POSCO completed i...
2010-09-08 08:30:37
Damen books first Twin Axe Catamaran [Shipbuilding]
Marineco UK, Edinburgh, Scotland, has signed an order with Damen Shipyards, Gorinchem, the Netherlands, for High Speed Support Vessel (HSSV 2610) with an option for a second. Damen Shipyards Group says this is the first sale for its Twin Axe Cata...
2010-09-08 08:29:12
SCI invites tenders for shipyard [Shipbuilding]
Indian shipbuilders are looking to sell a minority stake to state-run Shipping Corp. of India (SCI) after it invited initial bids on Monday to buy equity in a shipyard. Domestic shipbuilders such as ABG Shipyard, Bharati Shipyard, state-run Cochi...
2010-09-08 08:28:37
China shipbuilding report 2009-2010 [Shipbuilding]
China’s shipbuilding industry still kept steady growth in 2009 even if the recessed markets of international shipping and shipbuilding. Chinese accomplished shipbuilding output reached 42.43 million DWT in 2009, up 47% yr-on-yr and accounting for 3...
2010-09-08 08:25:34
Hanjin plans bond sale [Finance]
Hanjin Heavy Industries & Construction is targeting yet another bond sale as it looks to pay down some of its debts. The South Korean shipbuilder is after KRW 250bn ($212.35m) in its latest cash-raising effort, according to a report from Bloomber...
2010-09-08 08:22:53
STX sets up SPCs to finance newbuilds [Finance]
South Korea’s STX Pan Ocean is setting up four special purpose companies (SPCs) to finance part of its massive newbuildings on order. POS Maritime BZ, POS Maritime CZ, POS Maritime DZ and POS Maritime EZ will each owe $23.03m to banks and STX P...
2010-09-08 08:21:30
Teekay offloads aframax [General]
US-listed Teekay Shipping has reportedly sold the 95,000-dwt double hull tanker Sotra Spirit (built 1995). The Hyundai Heavy Industries-built ship is said to have gone to a Greek buyer for $17.2m. It was one of the oldest aframax tankers in t...
2010-09-08 08:18:51
CSBC profits fall [Finance]
Taiwanese shipbuilder CSBC Corp has seen net earnings fall in the first half as revenue was weaker. The Taipei-listed company said profit to 30 June was TWD 653.13m ($20.42m), down from TWD 1.81bn in the same half of 2009. Operating revenues ...
2010-09-08 08:16:58
Start  Prev  4221  4222  4223  4224  4225  4226  4227  4228  4229  4230  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"