J-ENG & CSIC ink engine license deal [Equipment]
Japan Engine Corporation (J-ENG) announced on September 21 that the Japanese engine manufacturer signed a UE engine license agreement with China Shipbuilding Industry Corporation Diesel Engine (CSE), a subsidiary of China Shipbuilding Industry Co...
2017-10-10 06:46:23
Doosan Engine sold to China? [Equipment]
Korea's Doosan Group is looking into selling shares of its ship engine subsidiary Doosan Engine.    However, it is reportedly hard for Doosan Group to seek a appropriate buyer. According to InvestChosun, moreover, the Korean conglomer...
2017-10-10 06:45:46
COSCO receives demolition subsidiary [Finance]
COSCO SHIPPING Holdings of China COSCO Shipping (COSCOCS) Group announced on September 26 that it has received a total of around CNY510m (about $76m) of subsidy for the demolition of old vessels from the Chinese government. The company said th...
2017-10-10 06:45:02
Japanese ODA for Indian recycling yards [Finance]
The Indian government recently signed a loan agreement with the Japan International Cooperation Agency (JICA) to upgrade environment management of recycling yards in Alang and Sosiya, Gujarat State. The total cost of the project amounts to $11...
2017-10-10 06:43:50
Eastern Pacific to order bulkers and a tanker [Shipbuilding]
Dalian COSCO KHI Ship Engineering (DACKS), a China-Japan JV yard won a bulker contract from Eastern Pacific Shipping under the control of Idan Ofer. According to TradeWinds and Clarksons, Eastern Pacific Shipping of Singapore recently ordered ...
2017-10-10 06:42:46
YZJ nets BC construction deals [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ), one of the largest privately-owned shipbuilders in China, turns out to have won up to six Handymax bulkers (including two options) from Bulgarian shipowner Navibulgar.    According to...
2017-10-10 06:38:51
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