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OSX shipyard rough going
Brazilian billionaire Eike Batista has hit back at efforts by an environmental group to derail a planned shipbuilding enterprise by saying the “regional decision is not final”. OSX Brasil is to appeal the denial by ICM Bio in the state of Santa C...
2010-06-23 08:18:39
USC adds another shipyard
Russia’s Zelenodolsk shipyard is likely to join the ever-growing empire of state holding company United Shipbuilding Corporation (USC). The president of the Tatarstan region, Rustam Minnikhanov, wants to transfer a blocking stake in the yard to...
2010-06-23 08:13:56
Promar Ceara yard project hard going
Brazilian shipyard Promar Ceara won't be built in the state that bears it name and that could mean costly delays for Transpetro's eight-unit LPG newbuilding programme. The Rio de Janeiro-based shipowner says the "virtual shipyard" won't be breaki...
2010-06-23 07:52:48
Boom period to come in 2012
It is predicted that the shipbuilding industry will experience a gradual rising trend in the second half of 2011 when the industry restructuring process is completed. Then, in 2012, the industry will be booming. Analyst Park Seung-hyeon from IBK S...
2010-06-23 07:20:51
STX wins Color Line order
The STX shipyard in Helsinki has clinched a contract with Norwegian ferry owner Color Line to extend one of its ferries. The contract is worth NOK 100m ($16m) and covers an extension to the owner’s 33,000-gt ferry SuperSpeed 1 (built 2008). ...
2010-06-22 08:22:29
Japan, Vietnam seek cooperation
Vietnam and Japan hold a big opportunity for cooperation in shipbuilding as the world’s second largest economy is recovering and the Southeast Asian country’s shipbuilding industry boasts various potentials Vietnam ’s Investment Counsellor to J...
2010-06-22 08:16:35
Greece gains investment from China
China has signed 14 agreements with Greek during Chinese Deputy Prime Minister Zhang Dejiang’s visit. As is revealed, Greek shipyards will build serial boxships for China’s COSCO. Meanwhile, Greek will also export olive oil to China. A Greek o...
2010-06-21 10:09:25
DSME expands service biz
South Korea's Daewoo Shipbuilding & Marine Engineering is currently expanding its service businesses by entering the tourism and restaurant industries. WELLIV Corporation, which is a subsidiary of DSME, has recently acquired the travel agency cal...
2010-06-21 06:42:09
Irving strike judged 'illegal'
Workers at an Irving shipyard in Canada have been ordered to stop an “illegal” strike. The provincial Labour Relations Board ruled workers must “cease and desist from engaging in an unlawful strike.” Employees at East Isle Shipyard on...
2010-06-18 08:29:40
Russian yards on sale
Two Russian shipyards are to be sold to pay off a banking subsidiary’s debts. The Russian cabinet is considering the disposal of Severnaya Verf and Baltiysky Zavod so that United Industrial Corporation (UIC) can meet bond commitments made by it...
2010-06-18 08:22:38
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