NOL warns of $240m loss for Q1 [Finance]
Neptune Orient Lines is forecasting a hefty $240m first quarter loss after a sudden contraction in the container trades during the early weeks of the year. The warning was contained in a brief statement to the Singapore Exchange on Thursday eveni...
2009-04-17 07:23:39
Uni-Asia tries to recoup installments from Kanasashi [Finance]
Singapore-listed Uni-Asia Finance is demanding the repayment of installments made on three handysize bulkers ordered from Kanasashi, after the shipbuilder sought protection from creditors. The Hong Kong-headquartered shipping and property fund manage...
2009-04-17 07:20:33
Box lines must cut fleet to survive [Shipping]
Failure to take the bold steps required to eliminate unwanted containerships will drive some lines out of business. That is the verdict of Drewry Shipping Consultants in a report that urges ocean carriers to “act now” in order to survive the c...
2009-04-17 07:17:10
GulfMark faced with default of newbuilds [Finance]
GulfMark Offshore, Inc. announced that a shipyard contracted to construct three vessels for the company is in default of the contract. Construction of the vessels is no longer in progress. The vessels were previously projected to be delivered to t...
2009-04-17 07:11:18
STX Norway wins icebreaker tugs [Offshore]
STX Norway Offshore, a subsidiary of STX Europe, has won contracts totalling about NKr750m ($112m) from Kazakhstan joint stock company Circle Marine Invest to construct three icebreaker tugs for operation in the Caspian Sea. The vessels will be o...
2009-04-17 07:01:41
Sungdong develops Ring Pre-Erection [Shipbuilding]
Sungdong Shipbuilding & Marine Engineering of South Korea is developing various new ship construction methods to enhance building efficiency and shorten construction period. The Ring Pre-Erection construction method is one of them which was first ...
2009-04-17 06:22:22
Restructuring facing rough going [Shipbuilding]
The three shipbuilders in South Korea which had been decided to undergo debt rescheduling program (“Workout”) in the first round of restructuring are having a hard going. Main shareholder’s noncooperation, conflicts with foreign shipowners, ...
2009-04-17 06:17:07
Samsung, top in offshore market [Offshore]
Seoul-based Goodmorning Shinhan Securities said in its latest report that Samsung Heavy Industries looks most outstanding in the offshore plant market which is in the limelight recently in shipbuilding industry. According to the report, Samsung He...
2009-04-16 16:24:45
Hatlapa builds additional factory in Korea [Equipment]
Hatlapa, Germany’s marine equipment manufacturer, invests $3.52m in the construction of a new factory in Busan Jinhae Free Economic Zone, South Korea. Busan Jinhae Free Economic Zone Authority recently announced it will sign a memorandum of unde...
2009-04-16 15:00:56
ABB inks $15m supply contract with Chinese [Equipment]
ABB has won orders worth $15 million from Shanghai Salvage Company and Guangzhou Salvage Bureau for the supply of electric power and propulsion systems for a new diving support vessel and semi-submersible heavy lift vessel. The newly contracted semi-...
2009-04-16 14:18:18
Start  Prev  4831  4832  4833  4834  4835  4836  4837  4838  4839  4840  Next  End
« 2024 - 9 »
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          
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"