Euronav builds $125m for expansion [Finance]
Tanker owner Euronav has created a war chest to acquire more ships or companies to expand its fleet after raising $125m in a bond issue. The company was hoping to secure funding of $200m through the bond issue, but it was unable to get close to t...
2009-09-09 07:40:42
Timah eyes six new ships [Shipping]
Indonesian state mining company PT Timah has increased its acquisitions target after a planned fleet expansion stalled this year. The Jakarta and London-listed tin producer is now looking to splurge $45m on six ships, local media reported, citing ...
2009-09-09 07:38:19
PNSC scraps one, eyeing tanker buy [General]
Pakistan National Shipping Corp (PNSC) has sold one ship for scrap as it eyes one more aframax purchase after confirming another. The 23,500-dwt Makran (built 1979) was sold last Wednesday to cash buyers for $320.5 per ldt, a spokesperson for PNSC...
2009-09-09 07:35:28
Petrobras axes drilling rig [Offshore]
Petrobras has cancelled a deal to contract an Odfjell Drilling semi-submersible drilling rig. The Brazilian oil company had signed a letter of intent in June to take the newbuilding Deepsea Stavanger for three years. The financial terms of the dea...
2009-09-09 07:29:47
Teekay $320m FPSO deal [Offshore]
Teekay Offshore has paid $320m to buy an FPSO from parent Teekay Corporation. The purchase of the 59,052-dwt Petrojarl Varg (built 1998) follows the extension of its long term charter with Talisman Energy in the North Sea. NYSE-listed Teekay Co...
2009-09-09 07:26:42
Hapag-Lloyd to cut 120 jobs [General]
German container line Hapag-Lloyd will cut about a tenth of its 1,100 jobs in Germany. The works council and management have agreed on a cost-cutting program which has been presented to Hapag-Lloyd. A spokesman for the carrier confirmed the plans....
2009-09-09 07:23:36
Solar vessel voyage results released [Shipping]
The solar power-assisted vessel Auriga Leader, jointly developed by NYK and Nippon Oil Corporation, has completed seven months of voyages in its scheduled two-year experiment into how solar power can be used to assist with powering a vessel. Pictured...
2009-09-09 07:21:03
Orders to fall at Chinese yards [Shipbuilding]
Chinese shipbuilders are likely to see a fall in the number of new orders secured in the second half of this year compared with the slew of deals in the first half. The warning was sounded by investment house Morgan Stanley, which said overall shi...
2009-09-09 07:14:59
Hanjin's ZESCO kicks off in earnest [General]
Hanjin Shipping's Zhejiang Eastern Shipyard (ZESCO) has received official approval from the Chinese government to repair foreign ships. ZESCO, developed in conjunction with China’s Shunhe Shipping, is located in Qushan Island of Zhejiang Province ...
2009-09-09 07:09:11
New orders peak in August [Shipbuilding]
According to statistics combined by Clarkson Research Services, new orders in the first three weeks of August stood at just 552,000 dwt worldwide but they jumped in the fourth week, bringing the total new contracts signed in the month to 6.132m dwt, ...
2009-09-09 06:38:04
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"