EU to Examine STX, Aker Yards Deal

Thursday, December 20, 2007
EU regulators will reportedly open an in-depth investigation of the acquisition by South Korea's STX Shipbuilding of a controlling stake in Norway's Aker Yards, according to a Reuters report. Earlier this year STX bought a nearly 40% stake in Aker Yards for $800m.

People & Company News

Global Fallout from Hanjin Collapse

When Hanjin Shipping, Korea's largest and one of the world’s top ten container carriers, filed filed for court receivership after losing the support of its banks,

Japanese Shippers Trim Fleets

The three big Japanese marine transport firms -  Nippon Yusen Kabushiki Kaisha (NYK Lines), Mitsui O.S.K. Lines and Kawasaki Kisen - are decreasing the number

MN100: Guido Perla & Associates, Inc.

The Company: With offices in the US, Brazil, Chile, China and Germany, GPA developed into an independent, full-service naval architecture and marine engineering

Shipbuilding

Höegh Readies New Horizon Vessels

Höegh Autoliners ordered the latest additions to its fleet, the New Horizon vessels, in which the information technology on board is fully integrated and connected

VLCC Delivered to Gener8 Maritime

Gener8 Maritime, Inc., a U.S.-based provider of international seaborne crude oil transportation services, announced that it has taken delivery of the ECO VLCC the Gener8 Macedon on August 30,

Elcome Supplies Electronics for Abu Dhabi New Builds

Elcome International is supplying electrical switchboards, safety, monitoring and control systems for three vessels under construction at Abu Dhabi Ship Building (ADSB).

 
 
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