Indian shipbuilders gaining from spillover global orders THE Indian shipbuilding industry is upbeat due to the flow of new orders, with observers estimating a three- fold rise in orders in the past year-and-a-half.
Daewoo shares hit hardest as Korean yards skid Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipyard, slipped the most in more than a year in Seoul trading yesterday on concern a weaker won would increase hedging losses.
Billionaires' yacht rivalry spills into court Poised to skate across the waves off Anacortes, Washington, is a 90-foot, three-hulled wonder-yacht designed to crush its competitors in the next America's Cup. With a price tag of more than US$10 million, it was built for the racing team of Lawrence J Ellison, the billionaire who runs the Oracle Corp.
KL working to secure release of crews of hijacked tankers
Somali pirates a growing threat to shipping
China plans to beat own fastest train service record
Guangzhou sets out three-way expansion plans GUANGZHOU Shipyard to expand in the markets of ro-ro, passenger and semi-submersible vessels.
Guanzhou Shipyard profit up 15%
Brokers reject newbuilding gloom report REPORT warning that $20bn worth of newbuilding contracts face cancellation seen as overly-bleak and ill-informed.
Markets react to Gustav threat ENERGY companies are surveying damage as the remnants of Hurricane Gustav move from Louisiana into Texas
Arab overseas farm investment urged ARID ARAB countries ought to transport food from African nations, reckons the GRC, a Dubai think tank
Iran to privatise ship register REGISTRATION of ships within Iran is to be privatised, the government's maritime agency has revealed
China to invest $3Bn in Iraq oil deal CNPC OF China has agreed to invest $3Bn in Iraqi oilfield production
Orders are on despite bankruptcy BANKRUPT Flekkefjord Slipp & Maskinfabrikk still intends to deliver two ordered newbuildings, clients Solstad Offshore and Simon M'kster have confirmed
Urgency rises in Mexico energy talks STEADILY dropping output from Mexico's largest oilfield has pushed its Congress to step up talks to repair an ailing Pemex ' but most still want to avoid any outside investment to spur exploration and production
Seafarer killed in pirate attack A Filipino seafarer was killed when the chemical tanker Bunga Melati Dua was hijacked by armed pirates off the coast of Somalia recently. The vessel was carrying 32.000 tonnes of palm oil when it was attacked in the Gulf ...
Nordic Tankers reports loss and new strategy Nordic Tankers A/S reported a loss of USD 0.2 million for the first half of 2008 after a decline in the market for product tankers. However the all years result is expected to be of USD 22.4 ...
Maersk signs up for four VLCC's in Korea Maersk Tankers took a quick decision when the Korean shipyard STX shipyard offered a slot with six Very Large Crude Carriers (VLCC) for delivery in 2011 and 2012. The Danish giant signed up for four ships with option for another ...
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
