STX Heavy going into M&A [Finance]
STX Heavy Industries announced on July 24 that it will proceed its M&A through a competitive open tender.   In its announcement, the company explained that “Seoul Bankruptcy Court approved our rehabilitation plan on January 13, 2017,...
2017-07-26 07:09:10
Korea saw slight downturn in NB deliveries [Shipbuilding]
During the first half of 2017, it turned out that 852 vessels of 58.30m dwt were delivered globally. The pace of deliveries slowed in June with 99 units of 7.40m dwt, following relatively steady deliveries earlier in the year, and the annual deli...
2017-07-26 07:08:15
HHI Group leads smartship solution [Shipbuilding]
Hyundai Electric, a newly spun off company of Hyundai Heavy Industries’ Electric Systems Division, is leading smartship market which is considered as a new growth power in shipbuilding industry through its next-generation smartship solutions. A...
2017-07-26 07:06:39
SHI suspended two ‘idle’ docks [Shipbuilding]
Samsung Heavy Industries (SHI) finally suspended its two docks at Geoje shipyard.   ‘G1 dock’, the floating dock no.1 at SHI’s Geoje shipyard will suspend its operation after this month. On the other hand, dock no. 1, the oldest onsh...
2017-07-26 07:04:57
Chinese shipbuilding industry frowned in 1H [Shipbuilding]
Chinese shipbuilding industry made 29% yoy decrease in 1H 2017 in newbuilding order intakes. There was brief good moment in bulker orders with bulker charter rates upturn, but the overall result was worse than even H1 2016, when the shipyards exp...
2017-07-26 07:04:05
Songa wins in DSME arbitrations [Offshore]
Reference is made to Songa Offshore's announcements on 21 March 2016, 23 November 2015 and 17 November 2015.     As previously reported, Songa Offshore had submitted its defence to the claims asserted by DSME in arbitrations rela...
2017-07-25 07:43:13
GTT records strong financial performance in 1H [Finance]
GTT (Gaztransport & Technigaz) of France has recently revealed its 2017 first-half results.   Key figures for the first half of 2017 ● 13 orders received during the first six months of the year ● Growth in revenues from serv...
2017-07-25 07:39:22
Subsea 7 extends PLSV deal [Offshore]
On July 21, Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced the award of contract extensions for three Pipelay Support Vessels (PLSVs) currently on long-term day-rate contracts offshore Brazil. These extensions have a combined value of app...
2017-07-25 07:33:22
Schlumberger to buy 51% shares in Eurasia Drilling [Finance]
On July 20, Schlumberger announced an agreement to acquire a majority (51%) equity interest in Eurasia Drilling Company Limited. Closing of the transaction is subject to approval by the Federal Antimonopoly Service of Russia (FAS). The agre...
2017-07-25 07:31:10
MBS provides flexible procurement service [Shipping]
Having been set up as a solution to the heavy demand for quality and reliable third party procurement services, Marine Buying Services (MBS) is going from strength to strength. With clients hailing from Asia to the Americas and Europe to Austr...
2017-07-25 07:28:40
Start  1  2  3  4  5  6  7  8  9  10  Next  End
« 2024 - 5 »
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"