STX Shipbuilding, Getting approval to buy remaining stake in...
STX Shipbuilding Co. said in a regulatory filing with Oslo Stock Exchange that STX Shipbuilding gets an approval to acquire a 59.6% stake in STX’s affiliate, Aker Yards ASA of Norway through a tender offer as of July 21st. The tender offer is g...
Big Three, Surpassing offshore plants goal
Big Three, Surpassing offshore plants goal With the increasing demand for offshore plants stemming from high oil prices, big three shipbuilders are expected to surpass the goal of orders this year. Since the orders are mostly oil drilling ship...
Sea NG Corp. Builds a Production Base in Gunsan
Canada’s Sea NG Corporation which is the leading corporation in marine compressed natural gas (CNG) transportation, builds Coselle storage system, which is registered as an international patent system, in Gunsan Free Trade Zone(GFTZ) of North Jeoll...
Big Three, Advance Deposit Operation Worry Weighs On
Korean large shipbuilders are indulging in happy thoughts. In the wake of the increase in ship-building orders, the advance deposit continues to be snowballing and with only interest rates, incidental revenues amount to hundreds of billions of won...
K Line pushing for LNG-FPSO
Kawasaki Kisen Kaisha (K Line) on July 17 briefed the media on its investment in Flex LNG which pushes for offshore LNG production projects, using LNG Producer concept. Hiromichi Aoki, executive officer in charge of LNG carrier business, explained...
Shipbuilding Industry, tightening the screening policy for l...
Banks apply the stricter credit standards on small and medium size shipbuilding companies, which are to be taken as a selective approach to support shipbuilding industry, in view of slashed interest rates stemming from soaring raw material prices and...
Shipbuilding Industry plans to expand recruitment
Shipbuilding industry plans to expand recruitment substantially in the second half of 2008 compared with last year, driven by industry’s boom. STX is reported to recruit a total of around 1,250 employees, including 750 entry-level university gra...
The Son of DORIAN Owner Visit HHI
The second son of Greek mid-sized shipping company owner gets a business management class, followed by the first son’s visit to Ulsan shipyard, Hyundai Heavy Industries. Hyundai Heavy Industries made a statement on July 18 that currently the sec...
STX Group Expanding Recruitment In The Second Half Of 2008
STX Group is slated to substantially expand recruitment in the second half of 2008. STX made a statement on July 16th that they are going to recruit a total of around 1,250 employees, including 750 entry-level university graduates and 500 experie...
Nippon Steel Engineering, expanding orders for marine equipm...
Nippon Steel Engineering Co. plans to expand receiving orders for equipments for handling crude oil and gas, to be installed on the sea, from Southeast Asia. Based on Indonesia, plan, procurement, construction and comprehensive order system are to be...
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