Glenda cancels another [Shipping]
D’Amico Shipping and Glencore have cancelled a third product tanker newbuilding at SLS Shipbuilding of South Korea, leaving just one vessel contracted with the yard. Glenda International Shipping, the d’Amico and Glencore joint venture, cance...
2009-09-24 06:38:33
Handysize oversupply to ease [Shipping]
In its latest report, DVB expected only handysize bulkers, of the entire dry bulk ship types, to return in supply-demand balance in two years. However, low profitability may go on due to low freight rates and the fall in asset prices. Based on ...
2009-09-24 06:17:33
Korean equip maker wins $43.5m deal [Equipment]
South Korea’s Samyoung M-Tek has announced that it has secured a contract from Doosan Engine to supply MBS (Main Bearing Support) worth KRW 30.1bn ($25.1m) and cylinder covers worth KRW 22bn ($18.4m). The Kosdaq-listed marine equipment maker sai...
2009-09-24 06:12:04
Korea passes marine resolution [General]
Land Transport & Maritime Affairs Committee (LTMAC) of the National Assembly of the Republic of Korea passed Wednesday a draft resolution for promoting co-development of shipping and shipbuilding industries for the growth of the national economy, urg...
2009-09-24 06:07:31
OSG inks 2nd tug barge [Offshore]
OSG Ship Management has ordered a second 350,000-barrel articulated tug barge (ATB) at US shipyard VT Halter Marine. Work is scheduled to start in November 2009 and is expected to be completed by mid 2010. No financial details were disclosed. V...
2009-09-23 12:38:33
Japan yards less affected by slump [Shipbuilding]
With relatively fewer foreign orders than South Korean and Chinese yards, Japanese shipbuilders have been insulated from the worst effects of the downturn in the market. Part of the reason is that Japanese yards are well supported by domestic ship...
2009-09-23 12:24:04
Cosco yards join hands with Sinopec [Offshore]
Cosco Shipyard Group and Sinopec has recently signed a strategic co-operation agreement in Beijing. Under the agreement, both companies will further promote research and development activities on offshore plant technology and new products in the s...
2009-09-23 11:41:34
Jurong wins $160m FPSO conversion [Offshore]
Jurong shipyard Pte Ltd, a wholly-owned subsidiary of Singapore's Sembcorp Marine, said it has been awarded a US$160million contract by Modec Offshore Production Systems (Singapore) Pte Ltd to convert a very large crude carrier (VLCC), the Ohdoh, to ...
2009-09-23 11:18:54
ThyssenKrupp cancels Greek submarine [Offshore]
ThyssenKrupp AG, the German shipbuilder and steelmaker, canceled contracts with Greece yesterday for the construction and maintenance of submarines after the country failed to pay for the vessels. Payments due to the company’s Howaldtswerke-De...
2009-09-23 09:22:41
EBX invests $1bn in shipbuilding venture [Offshore]
Brazil's EBX mining, energy and engineering conglomerate will invest $1 billion in a shipbuilding venture designed to meet needs of the nation's burgeoning offshore oil drilling industry, a company executive said. The EBX group of companies, whic...
2009-09-23 09:17:51
Start  Prev  4631  4632  4633  4634  4635  4636  4637  4638  4639  4640  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"