Germans buy boxships for a bargain [Shipping]
German shipowner Carsten Rehder and opportunity funds set up by KG financier Maritim Equity have teamed up and acquired two 1,700-teu containerships for a bargain price from Hong Kong-based owner Cido. The two 2008-built ships Ocean Mermaid and Ocean...
2009-09-10 07:38:23
China Exim grants OSG newbuild loan [Finance]
New York-listed Overseas Shipholding Group has borrowed $389m from China’s Exim Bank to fund five tanker newbuildings, in the government-owned bank’s first deal with a US company. It has taken a month for OSG to disclose news of the 12-year s...
2009-09-10 07:35:20
Murmansk cancels 10 bulkers at Chengxi [Shipbuilding]
Russia's Murmansk Shipping said that orders for 10 bulk carriers totaling 1.03m dwt contracted at Chengxi Shipyard of China had been cancelled. Although details of the cancellation were not disclosed, Murmansk said it placed the orders before the ...
2009-09-10 07:06:54
China's ship equipment imports jump [Equipment]
According to industry sources, China's import of ship equipments in the first seven months of the year increased 10.23% from a year earlier to reach $2.59bn. Ship diesel engine imports totaled $1.34bn, up 18.13% year-on-year, occupying 51.53% of t...
2009-09-10 06:59:00
Delivery delays hit 29% [Shipbuilding]
According to statistics combined by Worldyards, a Hong Kong-based shipbuilding consulting company, 29% of the newbuildings which had been scheduled to be delivered in the first six months of this year faced delivery delays, in cgt terms. Delivery ...
2009-09-10 06:53:08
World's largest floating dock completed [Equipment]
Daewoo Shipbuilding & Marine Engineering of South Korea held a ceremony for the completion of the world’s largest offshore floating dock on September 9th. The floating dock named ‘Royal Dock Ⅳ’ was designed and built by Daewoo and it took ...
2009-09-09 13:30:53
Gazprom ends yard tour [Offshore]
A tour of shipbuilders keen to build the LNG carriers required for Russia's massive Shtokman project has been abandoned midway through. Factional infighting was blamed for the abrupt end to visits to yards. Staff from UK-based Gazprom Global LN...
2009-09-09 12:58:08
STX wins plant order [General]
STX Heavy Industries of South Korea said Wednesday that it signed a $200m contract on September 8th with Saudi Arabia-based South Steel Company to construct a steel plant. The plant set to be built in Jazan Economic City, Saudi Arabia, aims to pro...
2009-09-09 10:07:01
Box lines in fresh rate hikes [Shipping]
Maersk Line and CMA CGM have both announced another series of rate increases as they struggle against “unacceptable” market conditions. French line CMA CGM unveiled rate restoration from North Europe to Asia and Middle East/Red Sea trades, whi...
2009-09-09 07:47:38
Suezmax outlook dreary [Shipping]
Owners of suezmax tankers face a bleak three years’ trading, with average freight rates set to tumble by more than one-third by 2012 and little hope that demand will match supply. With more than 130 new ships joining the 375-strong global fleet ...
2009-09-09 07:43:29
Start  Prev  4641  4642  4643  4644  4645  4646  4647  4648  4649  4650  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"