Cost cutting ups SembCorp [Finance]
Profit was up in the first quarter at SembCorp Marine as cost cuts outweighed a slight drop in revenues. The Singapore-quoted shipbuilder and repairer insists the long-term fundamentals of offshore markets remain good and is eyeing a “satisfact...
2010-05-10 07:22:29
IHI inked 6 orders [Finance]
Japanese conglomerate IHI blamed sluggish demand for the 20% drop in orders at its shipbuilding and offshore division in the financial year ending March 31. The value of orders recorded totalled ¥63bn ($680m), down from last year’s ¥79b...
2010-05-10 07:18:27
Tanker facing scary demand [Equipment]
The global tanker fleet faces “a very scary demand scenario” and a “fog of fundamentals” at the same time as the sector experienced a supply “bubble”, said Clarkson Research head Martin Stopford. The internationally followed expert in...
2010-05-10 07:14:00
Otto raises S$100m in notes [Finance]
Otto Marine has raised S$100m through a medium term notes issue. The Singapore-listed offshore marine company raised $100m through three-year unsecured notes at a fixed rate of 4.845%. The notes are part of a S$500m medium term note programme set...
2010-05-10 07:09:48
Indian urged to modernize [Shipbuilding]
The government called on the Indian industry to give their best in developing the country’s shipbuilding programmes. Commissioning INS Shivalik, the first of three new stealth frigates for the Indian Navy in Mumbai, defence minister AK Antony said ...
2010-05-10 07:07:47
S African to build Nigerian yard [General]
Southern African Shipyard has indicated interest in developing a shipyard in the country. The company’s Chief Financial Officer, Mr. Prasheen Maharaj who led a delegation to the Nigerian Maritime Administration and Safety Agency in Lagos explai...
2010-05-10 07:05:01
USC mulls Ukrainian mergers [General]
Russia's OJSC United Shipbuilding Corporation (USC) is considering merging with two Ukrainian companies - Zorya-Mashproekt gas turbine scientific and industrial complex (Mykolaiv) and OJSC Feodosiya More Shipyard, according to the company's president...
2010-05-10 07:01:15
DSME to win $1.6bn FPSO [Offshore]
Korea's Daewoo Shipbuilding & Marine Engineering is said to be close to winning the Angola's $1.6bn FPSO newbuilding project. Sources say DSME is now in talks with France's Total, the operator of the Clov project (Angola Block 17), regarding the F...
2010-05-10 06:44:30
Atlantico Launches 1st Ship [Shipbuilding]
On May 8th, Samsung Heavy Industries-assisted Atlantico Sul Shipyard of Brazil has launched a 150,000-dwt tanker, the first of ten series ordered by Transpetro. At the launching ceremony participated President Lula of Brazil, Petrobras president, ...
2010-05-10 06:39:23
Greek orders spree [Shipbuilding]
Greek shipowners in the public and private sectors have led a rush back to Far Eastern shipyards to order both tankers and bulkers, with over 100 ships booked since late 2009. According to industry sources, although many deals have been kept unde...
2010-05-10 06:34:05
Start  Prev  4351  4352  4353  4354  4355  4356  4357  4358  4359  4360  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"