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Decision made soon on Sungdong's receivership
[General]
A decision will be made sooner or later on whether to put Sungdong Shipbuilding and Marine Engineering under court receivership. The Korean debt-ridden shipbuilder filed for a court receivership to Changwon District Court on March 22. Wh...
2018-04-19 07:05:46
STX preparing unpaid leave
[General]
STX has received applications for voluntary retirement again this year, but only a few have applied. STX O&S revealed that the company received the application from April 16 to 17 for retirement and outsourcing, to receive 13 application (...
2018-04-19 07:05:14
Low completion of Chinese yards in Q1
[Shipbuilding]
Chinese yards are showing a slow pace with the comparably low level of completion in Q1 2018. According to CANSI, the accumulated order intake of the industry during the period recorded 15.53m dwt, which is yoy 180% increase. It is impressive ...
2018-04-19 07:04:31
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