Hyundai Heavy cuts third of its offshore executives
World’s largest shipbuilder reacts to competition from Chinese and Singaporean rivals.
Hyundai Heavy cuts third of its offshore executives Read More »
July 2018
HHI cuts offshore executive roles by a third
HHI has only won $78m of new orders for offshore projects and industrial plants from January to May this year…
Related StoriesHHI cuts a third of offshore executive rolesLloyd Fonds appoints Sturtzkopf to manageme…
HHI cuts offshore executive roles by a third Read More »
HHI slashes third of its offshore executives
HHI has only won $78m new orders of offshore projects and industrial plants in January-May, far from reaching its $2bn…
Related StoriesCMA CGM extends emergency bunker surchargesMaffei’s departure casts dou…
HHI slashes third of its offshore executives Read More »
Dry Bulk Market: Capesize Index Drifts
Capesize The market generally drifted and by mid-week dropped to what some felt was an artificially low level, only to bounce back at the end of the week to better levels as more cargo was quoting in both the Pacific and Atlantic. Ore movements from We…
Dry Bulk Market: Capesize Index Drifts Read More »
VLCCs “Eating Up” Product Tankers’ Cargoes
As “slim pickings” is the norm in the wet markets this year, competition for cargoes in beginning to emerge across various classes and even between dirty and clean tankers. In its latest weekly report, shipbroker Gibson said that “it’s not unusual for …
VLCCs “Eating Up” Product Tankers’ Cargoes Read More »