STX Europe turns into red [Finance]
STX Europe reported a bottom line loss of NOK 782m ($131m) for 2009 compared to a net profit of NOK 40m in 2008. The company, however, highlights earnings before interest, taxes, depreciation, and amortisation (ebitda) where there was a 2009 surp...
2010-02-09 08:24:32
Keppel bags S$140m orders [Offshore]
Keppel Singmarine has bagged three newbuilding contracts worth a total of S$140m ($98m). Royal Boskalis Westminster has ordered a 159m long rock dumping fall pipe vessel with the capacity to carry 23,000 tons of rock. The vessel equipped with...
2010-02-09 08:18:25
New orders hit 13-year low [Shipbuilding]
Figures from Clarkson Research Services show a bleak 2009 forced newbuilding prices down some 22%. Newbuilding prices are back to where they were almost six years ago after orders hit a 13-year low. The slump has been highlighted by shipbroker ...
2010-02-09 08:17:24
Mitsui net jumps [General]
Mitsui Engineering & Shipbuilding has raised its full-year result estimates after posting a massive rise in profit in the first nine months. Mitsui posted net profit of JPY 17.49bn ($195.6m) in the first three quarters of the financial year to the en...
2010-02-09 07:32:31
Gazprombank loans for Zvezda [Equipment]
Gazprombank has opened a 2-year line of credit at amount of 930 million rubles ($30.4m) for Far East Plant “Zvezda” (Bolshoy Kamen, Primorsky Territory). The funds intended for financing the cost of government contracts, the bank statement sa...
2010-02-09 07:28:37
Hyundai-Vinashin plans 5 deliveries [Shipbuilding]
A Vietnam-based joint venture of Hyundai Mipo Dockyard, a sister company of Hyundai Heavy Industries of Korea, Hyundai-Vinashin Shipyard (HVS) has delivered its first ship of this year. HVS delivered the ‘E. R. BILBAO’, with the scale of 187....
2010-02-09 07:07:05
Europe’s financial woe hits yards [Finance]
Europe-originated financial woe is intensifying the anxiety of the shipbuilding industry. There is no sign that the shipbuilding market will soon pick up and, what’s worse, the shipbuilding industry is highly dependent on big shipowners of Gree...
2010-02-09 07:03:28
Hanjin to lay off further 352 [General]
Hanjin Heavy Industries & Construction branch of the Korean Metal Workers’ Union went on a strike during a definite period from Feb. 3rd to 5th. Prior to the strike, HHIC management submitted a report to the Korean Ministry of Labor on Feb. 2nd...
2010-02-09 07:00:21
Samsung soon to get new orders [General]
Kim Jing-wan, vice-chairman of Samsung Heavy Industries, a shipbuilding giant in Korea, presented a positive outlook on market recovery this year in spite of the severe depression of shipbuilding market. In a press conference on Feb. 5th, he answ...
2010-02-09 06:57:52
Daewoo posts highest-ever revenue [Finance]
Daewoo Shipbuilding & Marine Engineering achieved the highest-ever revenue and net profit last year, while operating profit falling by a whopping 33% from 2008. The South Korean shipbuilder said on Monday in a regulatory filing that its revenue am...
2010-02-09 06:55:19
Start  Prev  4471  4472  4473  4474  4475  4476  4477  4478  4479  4480  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"