Container company Neptune Orient Lines Ltd. (NPTOY, N03.SG) on Wednesday said that it has ordered 10 new ships valued at $1.2b.
(Source: The Wall Street Journal)
Maersk Drilling advises that its second new drillship, 'Maersk Valiant', has been delivered from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea.
In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows:
Philippine shipbuilder Tsuneishi Heavy Industries Inc plans to expand into Indonesia this year, said CEO Hitoshi Kono, adding that the firm plans to build a shipyard here.
KVH Industries, Inc., a leading manufacturer of high performance fiber optic-based inertial sensors and gyros has entered into a strategic partnership with Geodetics Inc.
South Korean coastguards and navy divers resumed their search on Thursday for nearly 280 people still missing after a ferry capsized in what could be the country's
PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,