Marcus Hand visits Seoul and Busan in South Korea and finds that while North Korea’s sabre rattling may have dominated the headlines in the news media, for the shipping and maritime executives the concerns of the global industry in these tough...
Rio de Janeiro: Petrobras has ordered 23 offshore support vessels to be built in Brazilian yards in the fourth round of its fleet renewal plan.
Shanghai: Germany-based shipowner Peter Döhle has penned a deal to build up to five 38,800 dwt dry bulk carriers with China-based Jiangsu Hantong Ship Heavy Industry.
Singapore: First quarter net profit at Keppel Corporation was $331m in 2013, 56% down on the $751m earned in the same period in 2012.
Chittagong: Bangladesh-based Western Marine Shipyard inked a deal to build two new small container vessels for Neepa Paribahan and Mir & Islam Enterprise.
Hamburg: German state bank KfW is considering making finance available for shipbuilding, despite continuing liabilities in its shipping portfolio, Reuters reports.
Hong Kong: Hong Kong-based Wah Kwong Maritime Transport has booked eight 64,000 dwt dry bulk carriers at China-based Chengxi Shipyard.
Singapore: Tankers Inc, a 2010-founded product tanker company headed by former Torm ceo Mikael Skov, expects a major build up of its fleet this year as it works on a wide range of investment opportunities.