• 1 November 2011

    CSCL buys eight container vessels

    China Shipping Container Lines's (CSCL's) Hong Kong unit has ordered eight 10,000 teu vessels from two Chinese shipyards worth $754.2m.

  • 1 November 2011

    MHI to build two next-generation LNG carriers

    Mitsubishi Heavy Industries (MHI) has signed an agreement with Osaka Gas International Transport (OGIT) and Mitsui O.S.K. Lines to build two next-generation liquefied natural gas (LNG) carriers.

  • 31 October 2011

    HHI’s Q3 profit drops

    Hyundai Heavy Industries (HHI) has reported a 29.97% drop in profit to KRW432.8bn ($387.5m) during the Q3 of 2011 compared to KRW 618bn ($553m) it reported during Q3 in 2010.

  • 31 October 2011

    Hutchison to operate Ajman Port in UAE

    Hutchison Port Holdings (HPH) has signed an agreement with Ajman Port Authority of United Arab Emirates (UAE) to develop and operate the Ajman Port for ten years.

  • 31 October 2011

    OSX Brasil secures loan for FPSO OSX-2

    Brazilian shipbuilder OSX Brasil has received a $850m loan to finance the construction and installation of the floating production, storage and offloading vessel (FPSO) OSX-2.