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December 28, 2009

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Dec 28, 2009
STX’s Vietnamese ambitions under threat
Hanoi: Khanh Hoa province could sink the $500 million STX shipyard project this month if the Korean investor fails to signal whether it would continue ... [full story]
Dec 28, 2009
STX Pan Ocean snaffles Bank of China funds for bulker buy
Beijing: Bank of China has announced it is granting US$179.55m credit to South Korea's STX Pan Ocean to purchase three 176,000dwt bulk cargo vessels from ... [full story]
Dec 28, 2009
IMO's end-year message to seafarers
London: The International Maritime Organization has issue a special end-2009 message to the world's 1.5m seafarers, pointing out that it has chosen to tag 2010 ... [full story]
Dec 28, 2009
Surplus Korean steel plate heading for Chinese yards
Seoul: Korea's Hyundai Steel plans to start selling heavy steel plate for shipbuilding in the second quarter of 2010 after it receives certification by classification ... [full story]
Dec 28, 2009
Two more ferry tragedies in the Philippines
Manila: At least six people died and 22 others were missing after passenger ro-ro ferry Baleno-9 sank off Batangas City Saturday night, the second maritime ... [full story]
Dec 28, 2009
Green light for Vinashin bonds issue
Hanoi: Vietnam Shipbuilding Industry Group, the state-owned company known as Vinashin, has won government approval to sell as much as $600 million of bonds overseas ... [full story]


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