Posco E&C Signs $112m Deal

Monday, March 31, 2008

Posco Engineering & Construction Co., a construction unit of 's leading steelmaker POSCO Co., said it had clinched a $112m preliminary deal to build an international container terminal in southern .
The container terminal, expected to process 1.15m 20-ft. containers a year, will be built in Vung Tau, 125 kilometers south of , POSCO E&C said in a statement.
The formal contract is scheduled to be signed in April, with the South Korean builder slated to break ground for the terminal in May with the aim of completing it by 2011, POSCO E&C said.
Source:  Business in Today

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Ross is Fleet Manager, Heidmar

Heidmar announced the promotion of Duncan Ross to Fleet Manager. Duncan joined Heidmar’s London office in 2012 as vessel manager.  Prior to joining Heidmar,

Diana Shipping Nets 2Q Loss

Diana Shipping Inc. today reported a net loss of $14.1 million and net loss attributed to common stockholders of $15.5 million for the second quarter of 2015, compared to net loss of $5.

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1315 sec (8 req/sec)