New owner of Dae Sun must continue to build ships, while yard’s major creditor will support the shipyard by issuing refund guarantees for the newbuildings
Korea Eximbank seals $150m MOU on sale of Dae Sun Shipbuilding Read More »
Despite recent flurry of orders, SHI is still less than halfway to 2020 order target of $8.4bn
Unisea adds another suezmax newbuilding at Samsung Heavy Industries Read More »
New orders bring Chinese shipyard’s total tally for 2020 to 43 vessels worth $1.26bn
Chinese owners give Yangzijiang year-end boost with contracts worth $226m Read More »
Order comes as South Korean yard is poised to have a new leading shareholder, as KDB sells off its stake
Golden Energy inks another MR tanker at STX Offshore Read More »
Standard Chartered Bank is the fourth bank moving “to protect its interests”
Six more tankers under the control of Xihe Group join the sales block Read More »