UDL deeper into the red [Finance]
Higher operating costs, including a HK$18.6m ($2.4m) writedown on its Singapore yard, led marine engineering company UDL Holdings to plunge deeper into the red with a HK$27.2m net loss for the year to July 31, compared with a HK$975,000 net loss in t...
2009-12-01 11:49:26
Fincantieri awaiting expansion fund [Finance]
Fincantieri’s Sestri Ponente yard is nervously awaiting confirmation from the government that there will be financing for a much-needed expansion of the facility towards the sea, foreign media reports. A month ago, industry minister Claudio Scaj...
2009-12-01 11:41:53
Chinese dilemma [Shipbuilding]
China's push to establish itself as the world's leading shipbuilding nation has resulted in the country facing an excess of shipyard capacity. According to local reports, China is set to have more than 180 dry docks that are capable of building ve...
2009-12-01 07:28:49
China yards weathering the crisis [Shipbuilding]
Chinese shipyards are being hard hit by the industry downturn and a number of them are likely to disappear despite measures being taken by the government. The China Boat Industry & Trade Association (CBITA) estimates that 181 newbuildings comprisi...
2009-12-01 07:26:51
Indian faces delivery setback [Shipbuilding]
Indian shipbuilder Modest Infrastructure is looking to postpone the delivery of a series of products tankers following construction delays at its new yard at Ratanpar on the west coast. Work has yet to start on the facility and projected deliverie...
2009-12-01 07:24:57
Sasco buys secondhand [Shipping]
Russia’s Sakhalin Shipping Co (Sasco) has snapped up its third secondhand containership this year. The company said it had bought a 1995-built ship of 4,800 dwt called ‘Zeya’. It will be the newest unit in its fleet, said deputy CEO Egor Va...
2009-12-01 07:21:44
Yantai offshore yards grow fast [Offshore]
The expansion of offshore engineering companies such as Yantai Raffles Shipyard, DSME Shandong and Penglai Jutal Offshore Engineering Heavy Industries, in Yantai, northern China, will be facilitated under a plan outlined by the Shandong provincial go...
2009-12-01 07:19:41
Poland yards sale fails again [Equipment]
Poland said it had again failed to sell off two struggling shipyards, after receiving tenders for only a slice of what was on offer, three months after a deal with Qatari investors fell through. The Polish treasury said that it had been able to at...
2009-12-01 07:17:33
China builds shipyard in Indonesia [Shipbuilding]
China is interested in investing on shipyards in Indonesia. The intention was revealed while 10 Chinese delegations were visiting Industry Minister MS Hidayat at the office of Industrial Department in Jakarta last week. Hidayat explained that the vis...
2009-12-01 07:15:51
CSIC cruising IPO goals [Finance]
China Shipbuilding Industry Co Ltd, one of China's largest shipbuilding and ship repairing groups, aims to reap more than RMB 120 billion ($17.58bn) in operating revenue this year, said Vice President Qian Jianping, sources reported. Qian added th...
2009-12-01 07:13:38
Start  Prev  4551  4552  4553  4554  4555  4556  4557  4558  4559  4560  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"