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Shipbuilding

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Korea Shipbuilding & Offshore Engineering Q3 Operating Profit $26 Mln, Down 20% From Year Ago

Monday, 28 Oct 2019

Oct 28 (Reuters) - Korea Shipbuilding & Offshore Engineering Co Ltd <009540.KS>::Q3 OPERATING PROFIT 30 BILLION WON ($25.65 million), DOWN 20% FROM YEAR AGO.

CSSC Offshore & Marine Engineering Announces Joint Restructuring To Form China Shipbuilding Group

Friday, 25 Oct 2019

Oct 25 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::OBTAINED APPROVAL OF JOINT RESTRUCTURING OF CHINA STATE SHIPBUILDING CORP & CHINA SHIPBUILDING INDUSTRY CORP.JOINT RESTRUCTURING TO NEWLY SET UP CHINA SHIPBUILDING GROUP CO., LTD.UPON RESTRUCTURING CONTROLLING SHAREHOLDER AND DE FACTO CONTROLLER OF CO WILL REMAIN UNCHANGED.APPROVAL OBTAINED FROM STATE-OWNED ASSETS SUPERVISION & ADMINISTRATION COMMISSION.

CSSC Offshore & Marine Engineering Announces Joint Restructuring To Form China Shipbuilding Group

Friday, 25 Oct 2019

Oct 25 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::OBTAINED APPROVAL OF JOINT RESTRUCTURING OF CHINA STATE SHIPBUILDING CORP & CHINA SHIPBUILDING INDUSTRY CORP.JOINT RESTRUCTURING TO NEWLY SET UP CHINA SHIPBUILDING GROUP CO., LTD.UPON RESTRUCTURING CONTROLLING SHAREHOLDER AND DE FACTO CONTROLLER OF CO WILL REMAIN UNCHANGED.APPROVAL OBTAINED FROM STATE-OWNED ASSETS SUPERVISION & ADMINISTRATION COMMISSION.

India's Reliance Naval Reports Loss, Lower Revenue In Sept Quarter

Thursday, 24 Oct 2019

Oct 24 (Reuters) - Reliance Naval and Engineering Ltd ::SEPT-QUARTER CONSOL NET LOSS AFTER TAX 3.75 BILLION RUPEES VERSUS LOSS OF 3.8 BILLION RUPEES YEAR AGO.SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 205.6 MILLION RUPEES VERSUS 576.4 MILLION RUPEES YEAR AGO.

Boustead Heavy Industries Reassigns Ahmad Nordin Bin Mohammad To Head Of Unit

Friday, 18 Oct 2019

Oct 18 (Reuters) - Boustead Heavy Industries Corporation Bhd ::AHMAD NORDIN BIN MOHAMMAD REASSIGNED FROM CFO OF CO TO HEAD OF UNIT, BHIC NAVALTECH SDN.

Titan Petrochemicals Says Winding Up Petition Dated 20 Sept May Have Been Filed By Sino Charm

Wednesday, 25 Sep 2019

Sept 25 (Reuters) - Titan Petrochemicals Group Ltd <1192.HK>::A WINDING UP PETITION DATED 20 SEPT MAY HAVE BEEN FILED BY SINO CHARM AS PETITIONER AGAINST CO WITH SUPREME COURT OF BERMUDA.INTENDS TO DEFEND AGAINST PETITION.

AKVA Group Divests Wise Lausnir Ehf

Wednesday, 25 Sep 2019

Sept 25 (Reuters) - Akva Group ASA ::REG-AKVA GROUP ASA: DIVESTMENT OF WISE LAUSNIR EHF.AKVA GROUP - TODAY SIGNED SHARE SALE AND PURCHASE AGREEMENT AND COMPLETED TRANSACTION OF DIVESTING WHOLLY-OWNED UNIT WISE LAUSNIR EHF.TOTAL CONSIDERATION SETTLED BY CASH PAYMENT BY CENTARA TO AKVA ON 25 SEPTEMBER 2019 IS ICELANDIC KRONA (ISK) 910,778,164.IN ADDITION, AKVA WILL RECEIVE A DIVIDEND, APPROVED BEFORE TRANSACTION, OF ISK 197,000,000, AS SOON AS WISE HAS RECEIVED CERTAIN CONFIRMATIONS FROM ICELANDIC TAX AUTHORITIES.TRANSACTION RESULTS IN AN ACCOUNTING GAIN FOR AKVA OF NOK 21,283,000 EXCLUDING TRANSACTION COSTS.THUS, TOTAL PROCEEDS FROM TRANSACTION IS ISK 1,107,778,164 (EQUIVALENT TO APPROXIMATELY NOK 80,092,361 BASED ON NORGES BANK'S EXCHANGE RATE AS OF 24 SEPTEMBER 2019).

Cosco Shipping International (Singapore) Announces Acquisition

Friday, 20 Sep 2019

Sept 20 (Reuters) - Cosco Shipping International (Singapore) Co Ltd ::COSCO SHIPPING INTERNATIONAL (SINGAPORE) ANNOUNCES ACQUISITION OF ASSETS BY SH COGENT LOGISTICS SDN BHD FROM GOLDEN LOGISTICS & STORAGE.CONSIDERATION FOR PROPOSED ASSET ACQUISITION S$2.75 MILLION.

Hyundai Mipo Dockyard Says Jan-Aug Orders Worth Total $1.4 Bln, Down 9.2% From Same Period A Year Ago

Thursday, 19 Sep 2019

Sept 19 (Reuters) - Hyundai Mipo Dockyard Co Ltd <010620.KS>::JAN-AUG ORDERS WORTH TOTAL $1.4 BILLION, DOWN 9.2% FROM SAME PERIOD A YEAR AGO.

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