Woo new CFO at STX Europe [General]
Ole Heggheim, Chief Financial Officer and executive vice president of STX Europe, has decided to resign from his position. Byung-Ryun Woo has been appointed as new CFO, and Hans-Jørgen Wibstad has been appointed as senior vice president for Performa...
2009-02-03 07:31:11
Nordic Tankers 'bankrupt' [Finance]
The board of directors and top management at Denmark’s Nordic Tankers have resigned, declaring the company ‘technically bankrupt’ ahead of a shareholder meeting that was aimed at ousting them. The Danish Commerce and Companies Agency had instru...
2009-02-03 07:27:41
Western India reports Q3 net loss [Finance]
Western India Shipyard Ltd has announced the financial results for the quarter ended on 31-DEC-2008. The Net Sales was at Rs.1929.42 lacs ($3.9m, lac: 0.1m) for quarter ending on 31-DEC-2008 against Rs.1373.61 lacs for the quarter ending on 31-DEC-20...
2009-02-03 07:24:46
C& Heavy on the chopping block [Finance]
Cash strapped S. Korean shipyard C& Heavy Industries is likely to be sold off to foreign investors. Its biggest creditor, Meritz Fire and Marine Insurance Co., is in talks with overseas investors to sell the shipbuilder. Two foreign funds have ex...
2009-02-03 07:19:10
China on top in number [Shipbuilding]
China has strengthened its position as the largest building nation of new vessels while profits at the country’s shipyards swelled last year. News of the large market share and inflated profits comes as some fledgling and greenfield Chinese yard...
2009-02-03 07:13:37
Unitech wins recognition [Equipment]
Unitech, a ship safety equipment manufacturer of South Korea, has finally passed a model recognition test on its Crankcase Explosion Relief Valve which was conducted at an authorized institute for testing and certification in the Czech Republic in No...
2009-02-03 06:14:47
It lasts 3 years: Global Shipbuilding Recession [Shipbuilding]
After the avalanche in November 2008, world’s shipbuilding industry still shows recession. According to the latest statistics, world’s shipbuilding order for December 2008 was nearly zero. On this matter, industry experts say that world’s sh...
2009-02-02 18:20:53
HHI inks MOU to construct wind power generator mill [General]
Hyundai Heavy Industries builds the largest wind power generator factory in South Korea. HHI on February 2nd announced that it has signed a Memorandum of Understanding with North Jeolla Province for the construction of a wind power generator facto...
2009-02-02 16:15:37
Chinese shipbuilding industry entering into winter [Shipbuilding]
Apart from shipping industry, shipbuilding industry of China that ranks world’s No.2 has also been deeply affected by global financial tsunami. Foreign shipowners current order cancellations at Chinese shipyards have amounted to 1 million ton, r...
2009-02-02 13:55:22
Daewoo all time high: 11trn Revenue & 1trn Profit [Finance]
South Korea’s Daewoo Shipbuilding & Marine Engineering has entered ‘KRW 10trn Sales & KRW 1trn Operating Profit Club’ last year, achieving the highest revenue and operating profit ever. In 2008, DSME attained revenue of KRW 11.0746trn (USD 7...
2009-02-02 11:42:43
Start  Prev  4931  4932  4933  4934  4935  4936  4937  4938  4939  4940  Next  End
« 2024 - 7 »
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"