Bookmark
Mobile
About Us
|
Subscribe
|
Advertise
|
ASIASIS
Log In
|
Register Now
ALL
Offshore
Shipbuilding
Equipment
Finance
Shipping
General
Market Information
Column/Contribution
Reportage/Interview
People
Photo News
Finance
Greek owners in financing crisis
The banking crisis has put the brakes on lending to Greek owners, according to a new report. Eight years of strong lending growth has come to an abrupt halt, while the scale of lending is forecast to decline this year. According to Athens-based Pe...
2009-04-13 06:35:30
GSI warns Q1 net profit down 50%
China's Guangzhou Shipyard International Co (GSI) said Thursday its net profit for the first quarter is expected to drop by about 50 percent from a year earlier. "During the first quarter of 2009, the profitability of the company decreased as a resul...
2009-04-10 17:47:33
Sekwang Shipbuilding to turn a profit
Sekwang Shipbuilding & Engineering of South Korea revealed Friday in a regulatory filing that it has achieved operating profit of KRW 27.84bn ($21m) for 2008, which contrasts with operating loss of KRW 3.83bn for 2007. The shipbuilder’s revenue inc...
2009-04-10 15:05:09
Troubled IRISL newbuildings soon to be delivered
Iran’s biggest shipowner IRISL has been blocked from taking delivery of three recently-built post-panamax containerships after failing to make the final down-payments to South Korea’s Hanjin Heavy Industries & Construction. But Hanjin Heavy so...
2009-04-10 08:22:51
Kanasashi looking for new lenders
The “temporary” closure of Japanese shipbuilder Kanasashi Heavy Industries has alarmed local authorities in Shizuoka city, where the company operates.Kanasashi, which has a 25-ship orderbook including ten 33,000 dwt bulk carriers shared between H...
2009-04-10 07:25:52
GO Marine into the black: Operating profit
GO Marine Engineering & Shipbuilding of South Korea recently announced that it has attained revenue of KRW 33.972bn ($25.7m) for 2008, up 1,400% against a year earlier. The shipbuilder’s operating profit for the year came to KRW 2.524bn, up from...
2009-04-09 15:34:28
21C Shipbuilding posts remarkable results
21st Century Shipbuilding of South Korea revealed in a regulatory filing on April 8th that it has achieved revenue of KRW 519.87bn ($393m) and operating profit of KRW 115.22bn for 2008. The results are up 64.7% and 1,752% respectively against 2007...
2009-04-09 15:16:53
Daewoo CEO leads cost cutting movement
Daewoo Shipbuilding and Marine Engineering chief executive Nam Sang-tae is to return 20% of his 2008 salary as a gesture to encourage executives and staff to reduce costs by Won500bn ($369m) in 2009. DSME management and executives will return 10%...
2009-04-09 07:30:56
Rescue plans for SSW
A plan has emerged to rescue bankrupt SSW Schichau Seebeck Shipyard in Bremerhaven. A group of investors comprising SSW owners Dieter Petram and Karl Ehlerding, and Bremerhaven-based steel construction company Rönner, together with shipyard Lloy...
2009-04-09 06:50:27
Eximbank blood for shipbuilders
The Export-Import Bank of China, a policy bank led by the State Council, granted shipbuilding-related loans totaling 102.46 billion yuan ($14.99 billion) and $7.45 billion through the end of 2008. The bank also issued bank guarantees of $20.3 billion...
2009-04-09 06:29:37
Start
Prev
501
502
503
504
505
506
507
508
509
510
Next
End
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"