Negotiations with EPIC Shipping

Thursday, June 21, 2007
Odense Steel Shipyard Ltd. announced that EPIC Shipping, UK, has contracted to purchase six RO-RO vessels at Odense Steel Shipyard Ltd. Final contract with EPIC Shipping is expected to be signed at the end of June 2007.

Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

 
 
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