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Mar 03, 2008
Defense lawyers from rival companies wrangled over who was to blame for South Korea's worst oil spill as the trial resumed of five people accused of negligence, according to AFP.
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Feb 27, 2008
Gulf Energy Maritime (GEM), the Middle East's largest independent commercial product tanker operator, has awarded South Korea’s Samsung Heavy Industries Co.
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Feb 21, 2008
RasGas Company Limited (RasGas), the Qatar based premium LNG exporter, continues to grow its fleet to meet global demand. RasGas, Teekay Nakilat and J5 name
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Feb 20, 2008
Shares of shipbuilders and automakers were lower in late morning trading as investors react belatedly to the possible increase in steel prices, reports indicated
Hyundai
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Jan 29, 2008
Hyundai Heavy Industries Co., led a decline in South Korean shipyard stocks in Seoul trading on concern prices for new vessels may drop.
Hyundai Heavy fell 5.
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Jan 24, 2008
Pride International is continuing the expansion of its deepwater fleet, following a multi-year contract award from a subsidiary of Petroleo Brasileiro S.A. (Petrobras)
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Jan 22, 2008
South Korean prosecutors have reportedly charged five people, including the captain of a Hong Kong-registered tanker, following the nation's worst oil spill last month, according to an AFP report.
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Jan 17, 2008
According to reports, Hyundai Heavy Industries Co., led declines among shipyard stocks on concern of fewer orders for vessels this year after bulk rates fell the most since June 1989.
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Jan 09, 2008
According to English.chosun.com, Korea's southern island Geoje has a 400-hectare plot where 26,000 shipbuilders are hard at work. The shipyard owned by Daewoo Shipbuilding
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Jan 04, 2008
Seaspan Corp has signed contracts for Samsung Heavy Industries Co Ltd to build five new 4,520 TEU container ships. Seaspan has also completed more than $900 million
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Jan 04, 2008
Ocean Shipholdings, Inc. (OSI) has signed an agreement with ConocoPhillips and Samsung Heavy Industries. This agreement grants OSI the rights to the GoMAX 550 shuttle
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Jan 03, 2008
The Estonian Maritime Administration has awarded a contract to Aker Arctic Technology Inc, Helsinki, Finland, for designing a new multipurpose icebreaker. The value
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Dec 26, 2007
South Korea's Samsung Heavy Industries Co, said it has secured new orders worth a total of $2.41b.
The company said it won a $1.15b dollar contract to build
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Dec 12, 2007
Danaos Corporation announced that it has ordered three 10,100 TEU containerships. All three Post Panamax containerships will be built by Hyundai Samho Heavy Industries
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Dec 11, 2007
Danaos Corporation ordered three 10,100 TEU containerships from Hyundai Samho Heavy Industries. The ships are expected to be delivered to Danaos in January, February and March of 2011.
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Nov 13, 2007
Italian tanker company Finaval SpA reportedly announced the proceeds of its initial public offering will be used to double the capacity of its fleet and to seize any future M&A opportunity.
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Oct 30, 2007
Israel Corp. subsidiary Zim Integrated Shipping Services Ltd. said it had placed an order to purchase eight mega container ships from the South Korea’s shipyard Samsung Heavy Industries Co.
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Oct 26, 2007
FLEX LNG ordered its third 90,000 cubic meter (3.1 MMcf) SPB liquefied natural gas (LNG) vessel this year from Samsung Heavy Industries. The vessel will be identical
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Oct 25, 2007
STX Shipbuilding Co., the first South Korean yard in China, had its biggest two-day gain in more than a week in Seoul on optimism the purchase of a stake in Norway's
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Oct 17, 2007
The three new ships are part of a Qatargas package of 45 LNG carriers with MAN B&W two-stroke prime movers
Three of the world’s largest LNG-carriers successfully
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