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News

  • 13 November 2011

    Ocean Rig plans to order five drillships

    Ocean Rig, which is 73.7% owned by DryShips, is planning to order five new drillships at Synergy Group yards near Rio de Janeiro, Brazil, and charter them to Petrobras.

  • 10 November 2011

    Fairstar secures loan facility

    Fairstar Heavy Transport (FAIR) has secured a $167m loan from DNB Nor, ING and HSH Nordbank which will be used to repay its existing debt from HSH Nordbank and ABN...

  • 10 November 2011

    Yangzijiang reports Q3 profit rise

    Yangzijiang Shipbuilding has reported a profit of RMB959.6m ($151.35m) for the third quarter of 2011, an increase of 32% compared to RMB724.6m ($114.28m) recorded in Q3 2010.

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