Hanjin Heavy signs Aframax below $70m [Shipbuilding]
For Aframax tanker newbuildings, a contract at a per-ship price of below $70 million appeared in South Korea. Hanjin Heavy Industries & Construction (HHIC) announced on March 9 that it agreed with an owner to change ship type of two Capesize bulkers ...
2009-03-18 07:35:45
Shell plans to boost LNG output by 40% [Offshore]
Royal Dutch Shell plans to add 6.5m tonnes a year of new liquefied natural gas production capacity to its global portfolio in the next four years. Shell plans to increase LNG production by 40%, which will see it keep its place as the world’s to...
2009-03-18 07:27:16
MAN warns of engine reactivation challenges [General]
Long lay-up of tonnage could create reactivation challenges, according to experts. As the number of vessels likely to be mothballed escalates, there are concerns over the impact of long storage on modern engines, as well as the risk of a rush in r...
2009-03-18 07:25:13
UK maritime engineering riding the storm [General]
Maritime engineering in the UK is beating the worst of the economic crisis, as facilities involved in the design, build, maintenance and dismantling of vessels continue to see high levels of activity. Much has to do with the UK government’s desire ...
2009-03-18 07:20:50
Pacific Basin comitted to newbuildings [Shipping]
Pacific Basin Shipping is on course to take delivery of the first of six ro-ro vessels in August as the Hong Kong-listed bulker operator remains committed to its newbuilding programme. Chief executive Richard Hext said the vessel had already been fix...
2009-03-18 07:15:18
Aframax rates at lowest in 10 years [Shipping]
Aframax rates in the Mediterranean have fallen to their lowest levels in 10 years as tonnage supply grossly exceeds available cargoes. “Rates aren’t inspiring. It’s hard to remain optimistic,” said a London broker. The Baltic Exchange’s ...
2009-03-18 07:11:08
C& Heavy holding on [Finance]
Troubled C& Heavy Industries is hunting for a buyer after creditors pulled the plug on a debt workout programme. But it is resisting calls to enter into administration for fear of causing order cancellations. Three parties, including one domest...
2009-03-18 07:02:39
Chinese to buy up cancelled newbuildings [Shipbuilding]
Chinese bulk operators such as China Shipping Development and Sinotrans Shipping could be encouraged by Beijing to take on some of the vessels cancelled by foreign owners to support Chinese shipyards. Macquarie Research analyst Jon Windham estima...
2009-03-18 06:55:41
Newbuilding market starts to move [Shipbuilding]
South Korea’s large shipbuilders are said to have started to make newbuilding offers to shipowners for delivery in 2011. It is said that they mainly seek to receive VLCC or capesize orders. The shipbuilders seem to try to fill the idling capaci...
2009-03-18 06:21:04
Aros Maritime merges with Euroflex [General]
The repair yard Aros Maritime and the maritime and industrial company Euroflex are now joined under the name Euroflex. The merging will among other things mean that maintenance of ships in the future can be made at the shipyard and onboard sailing sh...
2009-03-17 15:43:29
Start  Prev  4871  4872  4873  4874  4875  4876  4877  4878  4879  4880  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"