Aid cause prolonged slump [General]
Korea and China, the largest shipbuilding nations, are helping their maritime industries weather a cargo slump. Their aid may prolong the slowdown. Korea has committed 400 billion won ($345 million) to help shipping lines pay for new vessels. Chi...
2009-11-11 05:26:41
Dry bulk show recovery signs [Shipping]
After last week’s increase of 9.4%, yesterday the Baltic Dry Index (BDI) entered its seventh straight week of rise in dry bulk rates, with the index rising by 87 points at 3,480. Capesizes were once again the main driver with an increase of the BCI...
2009-11-11 05:23:22
Wage return will prolong [Finance]
Management and executives of Korean shipbuilding companies will continue their voluntary return of salary to the year end, which began around March this year. Management and executives of Korean shipbuilding companies have been returning all or a...
2009-11-11 05:20:15
Chinese orders fall by 63% [Shipbuilding]
New orders received by Chinese shipyards slid to 2.2m dwt last month. According to the Chinese Ministry of Industry and Information Technology, Chinese bagged 2.2m dwt in newbuilding contracts in October, a decrease of 63% compared with 5.9m dwt i...
2009-11-11 05:18:08
Nakilat names last LNG carrier [Offshore]
Qatar Gas Transport Company, popularly known as Nakilat, and vessel charterer Qatargas Operating Company have named the final four Q-Max LNG carriers.
 The new ships were officially named at a special ceremony held at Samsung Heavy Industrie...
2009-11-10 17:09:19
DVB profits plummet [Finance]
German transport finance specialist bank DVB saw its profits collapse by 35.5% to €56.9m ($85.4m) in the first nine months of this year. The bank’s figures were burdened by high provisions for risks of €17.2m for the first three quarters to cov...
2009-11-10 11:48:25
Iran plans loans for shipbuilders [Finance]
Iran Daily cited Mr Ataollah Sadr MD of Iran's Ports and Maritime Organization as saying while speaking in a news conference on the status of marine industry in the 5th Development Plan that the organization has invested in 3 Iranian banks, namely Ta...
2009-11-10 11:43:54
Greek bulker fear [Shipping]
Fears are growing for a Greek bulk carrier which has disappeared in the Indian Ocean this morning. According to local sources, 53,629-dwt Delvina (built 2007) was lost early Thursday sparking suggestions from Naval sources the ship has been hijac...
2009-11-10 11:39:25
SembMarine acquires second rig from Seadrill [Offshore]
Sembcorp Marine says subsidiary, PPL Shipyard, has exercised its right to acquire the second unit of the jack-up drilling rig West Elara from Seadrill Limited.West Elara is currently under construction in the shipyard and is built based on the PPL Pa...
2009-11-10 11:39:04
Changes in marine engine operation [Equipment]
The environment that governs the operation of marine engines, centering on those installed on containerships, is undergoing a drastic change. This stems from the intensifying move among shipping companies to operate ships at reduced speeds since l...
2009-11-10 11:36:45
Start  Prev  4571  4572  4573  4574  4575  4576  4577  4578  4579  4580  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"