November 23, 2009

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Nov 23, 2009

Kuwait to set aside port for Iranian imports

Kuwait City: Authorities in Kuwait have strengthened ties with Iran, having signed two memorandums of understanding covering trade, water, and electricity during the Kuwaiti premier's ... [full story]

Nov 23, 2009

Keppel to build Vietnam’s first semi-submersible drilling tender assist rig

Singapore: PV Drilling has issued Keppel FELS with a Letter of Award for a new tender assist rig built to its KFELS SSDT 3600E design. ... [full story]

Nov 23, 2009

FSL Trust goes for $200m bond issue

Singapore: First Ship Lease (FSL) Trust said on Monday that it intends to offer up to US$200 million worth of bonds due in 2016.   The ... [full story]

Nov 23, 2009

COSCO pulls out of Philippine investment

Manila: China Ocean Shipping Co. (COSCO) has given up on its bid to undertake an integrated shipbuilding and international logistics project in Sangley Point in ... [full story]

Nov 23, 2009

We must diversify to survive, stresses STX chairman

Seoul: The chairman of South Korea's STX Group added to the growing pessimism in the global shipbuilding industry by arguing that the company should move ... [full story]

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