
DSME gets $6 billion bail out
MARCH 23, 2017 — Korea’s battered Daewoo Shipbuilding & Marine Engineering (DSME) is to receive a new bailout package worth 6.7 trillion Korean won, or nearly 6 billion U.S. dollars. Arirang News
MARCH 23, 2017 — Korea’s battered Daewoo Shipbuilding & Marine Engineering (DSME) is to receive a new bailout package worth 6.7 trillion Korean won, or nearly 6 billion U.S. dollars. Arirang News
MARCH 23, 2017 — DHT Holdings, Inc. (NYSE:DHT) is to acquire BW Group’s VLCC in a deal that will see BW Group own approximately 33.5% of DHT’s outstanding share capital and get
MARCH 22, 2017 — The first of 20 new boats built for the soon-to-be-launched Citywide Ferry Service has departed Horizon Shipbuilding in Bayou La Batre, AL, and is on its way to
MARCH 22, 2017 — U.S. Secretary of the Interior Ryan Zinke today announced that Lease Sale 247 for oil and gas parcels in the Gulf of Mexico attracted $274,797,434 in high bids
MARCH 22, 2017 — The Liberian Registry has passed the milestone of 150 million gross tons, confirming its position as the second largest ship registry in the world, behind only Panama, in
MARCH 22, 2016 — Ardent salvage crews have successfully used a parbuckling method to right and refloat the cargo vessel, M/V Sternö. The 1,350 dwt vessel, owned by Sweden’s Fiducia Rederi AB,
MARCH 22, 2017 — “Cyber risk is a subject that is not going away,” ABS Chief Operating Officer Tony Nassif told delegates at this week’s Connecticut Maritime Association Shipping 2017 event in
MARCH 22, 2017 — Damen Shipyards Group has been won a contract to construct a fisheries research vessel for the German Federal Office for Agriculture and Food (Bundesanstalt für Landwirtschaft und Ernährung,
MARCH 22, 2017 — New York City Mayor Bill de Blasio recently visited the Brooklyn Navy Yard’s Pier C dock, where HunterRoberts Construction Group is at work on what the Mayor said
MARCH 22, 2017 — Schottel is to deliver 18 SRP 430 FP Rudderpropellers, rated at 1,765 kW each, for the six Robert Allan-designed ART 85-32W Advanced Rotortugs that Damen Song Cam Shipyard