Arklow secures BC financing [Finance]
Irish shipping firm Arklow Shipping is understood to have secured a financing for the construction of its new bulkers. According to foreign media, the company is provided with EUR51m of financing for 16,500-dwt short sea bulkers from KfW IPEX-...
2018-01-16 07:17:29
SEA/LNG welcomes first bank member [General]
SEA/LNG, a multi-sector industry coalition created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, now welcomes French bank Societe Generale as its new member. The bank, as its first member activity, is p...
2018-01-16 07:15:06
HPWS won four feeders [Shipbuilding]
China Navigation Company Limited (CNCo), a Singaporean shipping company under the Swire group is understood to order four containerships at a Chinese yard. According to TradeWinds, CNCo is ordering four 2,400-teu containerships at CSSC-affilia...
2018-01-16 07:14:25
Imabari nets Panamax boxship deal [Shipbuilding]
Imabari Shipbuilding seems to have won Neopanamax containerships series from Evergreen Marine. After a keen competition with Japan Marine United (JMU), CSBC Corporation, Samsung Heavy Industries (SHI) and Hyundai Heavy Industries (HHI), accord...
2018-01-16 07:13:39
Rumania buys DMHI? [Shipbuilding]
It is said that the Rumanian government is to take over Daewoo Shipbuilding & Marine Engineering's (DSME's) stakes in its Romania-based subsidiary Daewoo-Mangalia Heavy Industries (DMHI). Mihai Tudose, the Prime Minister of Romania, has re...
2018-01-16 07:12:50
Korea continues helping offshore plant service providers [Shipbuilding]
The Ministry of Oceans and Fisheries (MOF) of Korea calls for projects of the feasibility study on offshore plant service business from January 15 to February 23. The offshore plant service includes transportation, installation, management and...
2018-01-16 07:12:02
Imabari acquires Minaminippon [Shipbuilding]
Imabari Shipbuilding takes over its compatriot Minaminippon Shipbuilding as of April 1, 2018.  Mitsui O.S.K. Lines (MOL) and Mitsui Engineering & Shipbuilding (MES), which had a total of 49% stakes in Minaminippon with 24% for the for...
2018-01-16 07:11:25
"Why Imabari is so strong?" [Shipbuilding]
The Korea-Japan Cooperation Foundation for Industry and Technology (KJCF) has recently analyzed why Imabari Shipbuilding remains competitive for a long time. Even amid the downsizing of global shipbuilding industry, Imabari Shipbuilding has co...
2018-01-16 07:09:47
Kor-Den to cooperate for future shipbuilding [General]
In February, a ministerial meeting will be held for future cooperation in shipbuilding and offshore market by Korean and Danish governments. Leaders from Danish industry including Maersk Line, the world's largest container shipping company are al...
2018-01-16 07:08:58
To which yard Evergreen's boxships heading to? [Shipbuilding]
Evergreen Marine, which previously ordered 12 11,000 teu containerships from Imabari Shipbuilding, has not chosen a shipyard for building additional eight units yet.  The Taiwanese shipowner's two subsidiaries Greencompass Marine and Ever...
2018-01-16 07:05:56
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