According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based oil-rig maker PPL Shipyard in a $113m deal.
On Thursday, 23 May 2013, Hamburg Süd celebrated the double christening of its container ships Cap San Nicolas and Cap San Marco at the Hyundai Heavy Industries yard in Ulsan (South Korea).
Century adds a 7th luxury river cruise ship, 'Century Legend' to its Yangtze fleet.
The new 398-passenger Century Legend is a sister ship to the Century Paragon,
Norway's SinOceanic Shipping ASA facilitates newbuilding orders for 10 x 8,800 TEU containerships at Jinhai Heavy Industries.
On behalf of foreign interests,
The contract with Statoil is to provide a floating storage and offtake (FSO) unit for the Gina Krog oil & gas field located in North Sea.
The contract will be
DryShips Inc., an international provider of marine transportation services for drybulk and petroleum cargos, and through its majority owned subsidiary, Ocean Rig UDW Inc.
TTS Sets its sites on China to Achieve its Financial Goals
TTS has set its sights on becoming a billion euro business and is focusing on China as a key growth driver.