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STX O&S takes additional voluntary retirement application
[Shipbuilding]
STX Offshore & Shipbuilding (STX O&S) has recently announced that it receives additional applications for voluntary retirement and job transition to outsourcing companies during April 16-17. A STX O&S official explained, "The lates...
2018-04-17 07:09:02
NB crude carrier market heats up
[Shipbuilding]
As tanker prices declined, more investors began turning to the speculative asset play as an investment opportunity. Guggenheim Capital from the US is said to have recently ordered two 300K very large crude carriers (VLCCs) from Daewoo Shipbuil...
2018-04-17 07:08:30
IMO to halve global GHG emissions
[Shipping]
The International Maritime Organization (IMO) has confirmed a plan to halve the global greenhouse gas (GHG) emissions. It is the first international agreement made related to GHG in shipping sector. Via its Marine Environment Prot...
2018-04-17 07:07:38
HHI scores additional two LNGCs
[Shipbuilding]
It turns out that Hyundai Heavy Industries have scored additional two LNG carriers. IHS Fairplay reported that Sovcomflot and Knutsen OAS Shipping recently exercised their options for another LNGC unit to add HHI’s orderbook two LNGCs. Ac...
2018-04-17 07:07:02
SHI cerebrates oversubscription
[Finance]
Samsung Heavy Industries (SHI) announced on April 13 that the subscription of new stocks for employees and existing shareholders exceeded prearranged 240m shares during April 12-13, recording 102.8% of subscription. The shares left after the a...
2018-04-17 07:05:52
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