As European Cash Dries Up, Korean Shipyards Look at Local Financing Options
(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new
(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new
TOKYO — Mitsubishi Heavy Industries Ltd. dismissed a local newspaper report Wednesday that it aims to buy a controlling share in a shipbuilding unit of
There are a few headlines going around today in some major publications and by the Associated Press claiming that China has announced plans to build 50
d’Amico International Shipping S.A. (Borsa Italiana: DIS), has announced that its subsidiary d’Amico Tankers Ltd has signed a $66 million contract
Ulstein said Thursday that it has entered into a contract with China’s Sinopacific’s Zhejiang yard for the delivery of twelve design packages for a
*Update* Although JFE Holdings, Inc. and IHI Corporation announced on August 27, 2012 that the management integration of their respective subsidiaries
COSCO Zhoushan Shipyard Co., a subsidiary of COSCO Corporation’s 51% owned COSCO Shipyard Group Co, announced the delivery of the Asian Triumph, 57,000
In early September, Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel shipbuilder announced that it had won two contracts for the
Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new
On Saturday, the US Navy will christen the Joint High Speed Vessel (JHSV) Choctaw County, named for three U.S. counties, located in Mississippi, Alabama and
South Korea’s Hyundai Heavy Industries announced today it had secured a USD $620 million order to build a drillship for Houston-based drilling contractor
COSCO Corporation announced today that their subsidiary, COSCO Qidong Offshore Co. Ltd., has secured a contract valued over USD $200 million from Axis
Yet another successful launch for Keppel Corp in Singapore. The offshore and marine giant set afloat the Mobile Offshore Self-Elevating Drilling Unit (SEDU)
German shipbuilder P+S Werften GmbH on Wednesday said it has filed for insolvency with the local court of Stralsund, Germany, after talks with creditors,
SEOUL–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) on Wednesday posted a 33% decline in its second-quarter net profit, due to earlier
Sembcorp Marine’s subsidiary Jurong do Brasil Prestacao de Services Ltda (JDB) announced today that they have secured a US$674 million contract for the
(Bloomberg) — Samsung Heavy Industries Co. plans to offer 500 billion won ($440 million) of bonds next month as South Korean shipyards sell a record
SINGAPORE–Triyards Holdings, a unit of offshore services provider Ezra Holdings, has been granted conditional eligibility to list on the mainboard of
Lamprell (ticker: LAM), a UAE-based provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables
SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said unit Keppel FELS Ltd. has signed a US$315 million contract to build a semi-submersible accommodation
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