Rongsheng Heavy

China Rongsheng Heavy Industries Group Holdings Ltd., the shipyard that has become symbolic of a credit glut gone wrong, said a spate of canceled orders led to

China Rongsheng Heavy Industries Group Holdings Ltd., the shipbuilder whose woes made it a symbol of the country’s credit binge, said it planned to sell

China Rongsheng Heavy Industries Group Holdings Ltd., once the country’s largest private shipyard, said it will not proceed with a proposed warrant sale

NASDAQ-listed DryShips Inc. (DRYS) says it has pulled the trigger on the cancellation of newbuilding contracts for four four ice-class panamax bulker vessels

China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, said its first-half net loss widened more than ten times as shipowners

Beleaguered Chinese shipyard Rongsheng Heavy Industries issued a profit warning today to shareholders that the company is “expected to incur a

By Yimou Lee and Umesh Desai HONG KONG, March 31 (Reuters) – China Rongsheng Heavy Industries Group has agreed with banks to extend loans and other

Private-sector shipyards such as Rongsheng Heavy Industries and China Ocean Shipbuilding Industry Group Ltd report another very tough year of losses in 2013

By Adam Jourdan and Keith Wallis RUGAO, China/SINGAPORE, Dec 6 (Reuters) – Deserted flats and boarded-up shops in the Yangtze river town of Changqingcun

China Rongsheng Heavy Industries Group, the country's largest private shipbuilder, said on Wednesday it expects to report a substantial full-year loss just

Nov. 19 (Bloomberg) — In China’s “Shipping Valley,” where the Yangtze River empties into the sea north of Shanghai, the once-bustling

Rongsheng Heavy Industries announced in a stock filing today their plan to issue HK$1,400,000,000 (USD $180 million) in convertible bonds in an effort to help

HONG KONG/SINGAPORE, July 11 (Reuters) – A court has granted a unit of China Rongsheng Heavy Industries approval to proceed with legal action to reclaim

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. is in talks with two coastal cities and government departments to secure financial

By Koh Gui Qing and Yimou Lee HONG KONG/BEIJING, July 8 (Reuters) – An appeal for government financial support from China’s biggest private

China Rongsheng Heavy Industries Group, China's largest private shipbuilder, appealed for financial help from the Chinese government and big shareholders on

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., the nation’s biggest shipyard outside state control, halted share trading today

As forewarned in December, Chinese shipbuilder Rongsheng Heavy Industries, posted a 2012 loss of USD $92 million, the opposite of the $90 million profit they

HONG KONG, March 25 (Reuters) – China Rongsheng Heavy Industries Group Holdings Ltd won its first orders to build two jack-up rigs worth more than $360

By Kyunghee Park and Jasmine Wang China’s shipbuilders are set to spark a price war in the oil-rig market. With orders for new ships plunging to an