COSCO Guangdong signs supramax duo [Shipbuilding]
COSCO Corporation (Singapore) Limited said COSCO (Guangdong) Shipyard has been awarded contracts worth a total of CNY530 million (US$77.64 million). The two shipbuilding contracts were awarded by an unnamed Asian shipowner for the building of two...
2010-04-14 08:15:31
New Century files preliminary IPO [Finance]
China-based shipbuilder New Century Shipbuilding Tuesday filed a preliminary prospectus with the Monetary Authority of Singapore for an initial public offering on the Singapore Exchange. The company didn't say how much it intends to raise or when...
2010-04-14 08:13:10
CSSC inks two 206K bulkers [Shipbuilding]
Greek dry bulk owner Diana Shipping has placed orders with a leading Chinese shipbuilder for two large 206,000-dwt bulkers for delivery in 2012. Shanghai Jiangnan-Changxing Shipbuilding under the umbrella of China State Shipbuilding Corporation (...
2010-04-14 07:36:30
'Busan Shipping Exchange' elaborated [Finance]
Establishment of ‘Busan International Shipping Exchange' for preoccupancy of shipping business in Northeast Asia is to be embodied. Busan city of Korea held a briefing of 'Service to Set up Plan for Busan International Shipping Exchange Establis...
2010-04-14 07:14:21
Ship Plate Market Heated [Equipment]
It seems that Korean shipbuilding steel plates market got into competition in earnest as Hyundai Steel of Korea began to supply Hyundai Heavy Industries (HHI) with its first rolled out steel plates for shipbuilding produced at Ilgwan steel mill steel...
2010-04-14 07:12:41
Daewoo-Mangalia builds first drilling barge [Offshore]
Daewoo Shipbuilding & Marine Engineering (DSME) of Korea won a contract to build a drilling rig ordered by Korea National Oil Corporation as a submersible drilling barge, a barge-type rig which is already being used in Russia. Daewoo-Mangalia Heav...
2010-04-14 07:10:48
Shipping Recovery by Year-End [Finance]
There arose an optimism that shipping market will recover within this year, which has been under severe recession since the second half of 2008. Kim Young-moo executive director of Korea Shipowners' Association said at 'Trend and Projection of Sh...
2010-04-14 07:08:00
"Spring Flower Fair" [General]
South Korea's Hyundai Heavy Industries, the world's No. 1 shipbuilder, is holding a 'Vernal Flowers Exhibition' at the Hanmaeum Hall square in Ulsan, South Korea. It started on April 10th and will continue until May 9th. Around the 6,000㎡-sit...
2010-04-13 13:37:01
"2010 CIMPS" China Marine Fair Opens [General]
‘The 2010 CIMPS’, China International Marine, Port & Shipbuilding Fair, which is China’s one of leading marine exhibitions, is only a month ahead from now, to be held at the Nanjing International Expo Centre, Nanjing, China during 19-21 May, 20...
2010-04-13 11:46:40
COSCO expects rapid recovery [Shipping]
During ongoing Boao Forum for Asia (BFA), WeI Jiafu, President of China Ocean Shipping (Group) Company (COSCO), expected a rapid recovery of shipping industry. The revenue of COSCO for 2010 is believed to increase continually against 2009. In ...
2010-04-13 09:30:53
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