Shipbuilding
CSIC: From begger to billionaire
China Shipbuilding Industry Corporation (CSIC) has been regarded as ‘Begger group’ when it was established about nine years ago. The loss hit CNY270m ($40.6m) then. Meanwhile, the group was still influenced by Asian Financial Crisis. Some shi...
2010-10-25 06:34:31
Dong Fang pens chemical tankers
China's Dong Fang Shipbuilding has signed a contract with Oriental Ocean Shipping Holding of Singapore to build two chemical tankers. It has signed up for a pair of 9,000-dwt vessels with delivery in June and September 2012 for reportedly $30m ea...
2010-10-25 06:25:10
Hyundai Mipo signs for nine handy
South Korea's Hyundai Mipo Dockyard has secured an order from Japan’s Daiichi Chuo Kisen to build up to nine handysize bulkers in a deal worth $240m in total. The order involves firm contracts for six 36,000-dwt bulkers and options for a furthe...
2010-10-25 06:14:21
Daewoo buys stake in Angola shipyard
South Korea's Daewoo Shipbuilding & Marine Engineering has acquired a 30% stake in Porto Amboim Estaleiros Navais Limitada (PAENAL) Shipyard. DSME president Nam Sang-tae (right), Sonangol Holdings president Baptista Muhongo Sumbe (middle) and SBM ...
2010-10-22 16:18:54
Trico Marine gets refund from Tebma
Bankrupt US offshore owner Trico Marine has emerged victorious in a long-running dispute with India's Tebma Shipyards. Nasdaq-listed Trico has been looking to claw back a refund guarantee after axing an order for six 2,900-dwt multi-purpose platf...
2010-10-22 08:14:30
Daewoo order announcement swollen
Sovcomflot is unlikely to exercise all of options in the up to 12 aframax newbuilding project announced by Daewoo Shipbuilding & Marine Engineering, to be built at DSME yard in South Korea and its Russian joint venture with United Shipbuilding Corp, ...
2010-10-22 07:56:21
China: To deal with low carbon economy
The shipping is always regarded as the clean way of transport. But latest research showed the ship had become an important pollution source. The report indicated that about 30% of global annual nitrogen oxides omissions came from ships on the sea. IM...
2010-10-22 07:17:30
Daewoo & Zvezda-DSME ink 12 tankers
South Korea's Daewoo Shipbuilding & Marine Engineering announced today that it signed a newbuilding contract in Moscow, Russia, on October 20th with Russian state-owned shipping giant Sovcomflot to build a total of 12 Aframax crude/product carriers (...
2010-10-21 12:15:13
Zhong An plans big order
Zhong An Shipping, part of Zhejiang-based Zhong An Real Estate, made a dramatic entrance onto the shipping stage last year when it acquired on two early-2000s-built capesize bulkers. It also welcomed its first newbuilding last year and is awaitin...
2010-10-21 08:25:31
Japan export ship orders double
Orders for ships received by Japanese exporters increased for the 10th consecutive month in September, surging 96.1 percent compared with the depths of the recession a year ago. In September, Japanese shipbuilders received orders for 30 export sh...
2010-10-21 08:12:27
Start  Prev  1221  1222  1223  1224  1225  1226  1227  1228  1229  1230  Next  End