News Center
News Brief: Shipbuilding News: * Dae Sun nets domestic Chem TK deal * HHIC to receive additional aid * Creditors agreed to issue RG for HHIC * SHI workers suggest wage freeze * Korea records ‘0’ NB sales in April Shipping News: * Chemical shipping freight rates to remain firm * Shipping leaders see no upturn for co
News Brief: Shipbuilding News: * China in talks to build first FSRU * CSIC to integrate civilian-military businesses * DSME self-help plan under reexamination * HHI prepares for lack of orders * Surge in shipbuilders’ debts attributed to ‘heavy tail’ deals Shipping News: * Hyundai Merchant Marine, Hanjin Shipping Showing Posit
News Brief: Shipbuilding News: * Cosco shipyard wins deal to build two oil tankers * Cosco Corp hit by loss in Q1 amid tough shipbuilding and bulk market * HHIC to receive injection of $104 * Ailing shipbuilders won’t be merged * HLB receives NET certification Shipping News: * Dry bulk FFA market: Old wine in old glasses
News Brief: Shipbuilding News: * MOL receives LNGC 'KUMUL' * Daewoo Shipbuilding Reports Operating Loss on Offshore Costs * Samsung Heavy pressed to map out self-restructuring plan * Hyundai Heavy pressured to make layoffs Shipping News: * S. Korea’s Pan Ocean on recovery despite sluggish shipping industry * Recent strength in
News Brief: Shipbuilding News: * Big2 creditors asked for self-help plans * Creditors put pressure on Korean small yards * "SPP needs to lead exemplary restructuring" * Shipyards’ restructuring faces backlash from workers * Kyokuyo bags two feeders Shipping News: * Hanjin Shipping to begin creditor-led workout program this wee