Greeks invested more than $400m in secondhand [General]
Hellenic shipping companies have kept their leading position in the sale & purchase market for secondhand vessels after the first couple of months. Two separate ship brokers' report have verified this trend, which proves the resilience of Greek s...
2009-03-09 12:00:15
DVB warns of huge boxship orderbook [Shipping]
The container-shipping industry has "no magic solution" to the impending problem of an all-time-high in newbuilding deliveries. Today's orderbook is more than half the size of the container-shipping fleet and is likely to vastly outnumber ships du...
2009-03-09 11:55:46
S Korean yards remain tough [Shipbuilding]
Boxship owners are struggling to raise cash after shipyards refuse to delay orders. A stalemate between containership owners and South Korean shipyards has raised the spectre of defaults. A majority of containership owners are struggling to pay So...
2009-03-09 11:51:32
S Korean companies curse Kiko [Finance]
Some companies claim they were 'pushed' by banks into joining a hedging scheme that has landed some of them in dire financial straits. A number of South Korean shipping companies and shipbuilders face losses amounting to millions of dollars after ...
2009-03-09 11:45:01
Hyundai Samho directors return salaries [Finance]
Hyundai Samho Heavy Industries, one of South Korea’s major shipbuilders, on March 9th announced that all of its executives have decided to return 100% to 30% of their wages to company of their own accord from March salaries to help overcome the cri...
2009-03-09 11:25:16
Taiwan invests $20m for yachts yard [Shipbuilding]
Kha Shing shipyard, Taiwanese builder of the Monte Fino range of motoryachts, is investing $20m in two new facilities that will operate alongside its two existing sites in Kaohsiung City. Construction is already well underway at the recently acquired...
2009-03-09 07:58:10
Yard death: Northern Turkey [General]
A shipyard worker has died in northern Turkey after being hit by a falling sheet of metal. The sheet broke free from a winch at the unnamed yard, the Anatolian news agency reported on Thursday. It is the first death recorded at the Kocaeli Free Zo...
2009-03-09 07:54:56
Polish yard reprieve: new loans [Finance]
Poland’s cash-strapped Stocznia Remontowa (SR) shipyard has sealed a deal with banks to avoid defaulting on currency option contracts. The talks with 10 lenders ended with new loans being agreed so that the yard can pay its obligations under the...
2009-03-09 07:52:33
Rio Santiago shipyard to avoid attachment [General]
A US judge threw out an attachment effort Friday filed against Argentina's Rio Santiago shipyard over a delayed bulker. Federal Judge Laura Taylor accepted the yard's argument that the contract to build the 27,000-dwt Casanna (built 2008) did not ...
2009-03-09 07:48:37
Scrapping of aged VLGCs in progress [General]
Demolition of aged large-size LPG carriers (VLGC) is in progress. BW Gas of Norway has sold for scrapping a 75,823-cu.m VLGC completed in 1981, the BW Sund, to a Bangladesh dealer at a price of $5.7 million or $260/ldt, according to foreign media rep...
2009-03-09 07:42:58
Start  Prev  4891  4892  4893  4894  4895  4896  4897  4898  4899  4900  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"