07/05/2013
The Group achieved $9.7 million net profit on turnover of $733.0 million in Q1 2013, but shipyard & drybulk operations contributions
07/05/2013
South Korea's troubled shipbuilding and shipping conglomerate STX Group is considering selling its European assets including its shipyards
07/05/2013
Creditor banks, which offer 600 billion won (544.7 million U.S. dollars) from April 26 through May 3, have
07/05/2013
German shipowner FH Bertling is said to have cancelled two of three 82,000 dwt kamsarmax bulkers it ordered at
03/05/2013
State-owned oil giant Petroleos Mexicanos, or Pemex, is mulling signing a letter of intent to acquire a majority stake in Hijos de J. Barreras, a shipyard
02/05/2013
STX Group, a cash-strapped South Korean shipbuilding and shipping conglomerate, is feared to face a further worsening liquidity crunch this year with
01/05/2013
Japan's Imabari Shipbuilding Co., Ltd. has developed a new class of 33,000 dwt D/W Type Bulk Carrier named 'IS' TRI-STAR. The shipbuilders say that its share of the
30/04/2013
CIC Lixin Shipyard has named and delivered the 'MV Yangtze Oasis' to New Yangtze Navigation (Hong Kong) Co., Ltd. The new type of 34,000 dwt
30/04/2013
Prices of newbuilding vessels could well have bottomed out as shipowners are embarking on a new cycle of ordering racing against
30/04/2013
Sinopec, China Shipping Development and Japan’s Mitsui OSK Lines have played it safe and selected China’s proven LNG leader, Hudong-Zhonghua
30/04/2013
Norwegian offshore shipbuilders, owners and equipment suppliers are the principal beneficiaries of strong growth at
29/04/2013
The sixth of the ten cargo ships being built at the Shanghai shipyards for Cuba, as part of a joint project between the Caribbean nation and China, was delivered
29/04/2013
Operating in ice requires a very special type of vessel and in turn those vessels require a special type of propulsion, as described by Dag Pike.
Years ago the Russians solved the problem by sheer
29/04/2013
Samsung Heavy Industries Co.'s (010140.SE) first-quarter net profit rose 19% on increased high-end ship orders, it said.
"We have
27/04/2013
Yangzijiang Shipbuilding was hit by an additional cessation of shipbuilding contract in the first quarter, adding on to previous defaults from
27/04/2013
China State Shipbuilding Corp (CSSC) has warned of a possible net loss in the first half of this year after posting a 73.1% plunge in first quarter profit.
“Due to reduced newbuilding completion
27/04/2013
Creditors of the ailing shipbuilder agree to provide STX Offshore with (US$540 million) in emergency loans.
The news is cited as coming from the
26/04/2013
Kawasaki Heavy Industries Ltd. (7012), Japan’s third-biggest shipbuilder, would consider merging to thin out
26/04/2013
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition
25/04/2013
Ningbo Xinle Shipbuilding Group has recently held a steel cutting ceremony for China's first hybrid dual-fuel 30,000 cu m LNG carrier.