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Shipbuilding

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AKVA Group Appoints Knut Nesse As Chairperson

Friday, 16 Aug 2019

Aug 16 (Reuters) - Akva Group ASA ::REG-AKVA GROUP ASA: MR KNUT NESSE IS APPOINTED AS NEW CHAIRPERSON OF AKVA GROUP ASA.HANS KRISTIAN MONG HAS DECIDED TO STEP DOWN AS CHAIRPERSON OF BOARD OF AKVA GROUP, AFTER LEADING BOARD FOR MORE THAN 6 YEARS.KNUT NESSE IS APPOINTED AS NEW CHAIRMAN AS OF TODAY.HANS KRISTIAN WILL CONTINUE AS A BOARD MEMBER OF AKVA GROUP.

China CSSC Holdings Says Trading Of Shares To Halt From Aug 8

Thursday, 8 Aug 2019

Aug 8 (Reuters) - China CSSC Holdings Ltd <600150.SS>::SAYS TRADING OF SHARES TO HALT FROM AUG 8 PENDING ANNOUNCEMENT RELATED TO ASSET RESTRUCTURING.

Sembcorp Marine Posts Q2 Loss Attributable Of S$8.5 Mln

Tuesday, 30 Jul 2019

July 30 (Reuters) - Sembcorp Marine Ltd ::Q2 LOSS ATTRIBUTABLE S$8.5 MILLION VERSUS LOSS OF S$55.6 MILLION.QTRLY TURNOVER S$731.3 MILLION VERSUS S$1.63 BILLION.EXPECTING LOSSES FOR SECOND HALF TO BE HIGHER THAN FIRST HALF.FULL YEAR LOSSES PROJECTED TO BE SIMILAR IN RANGE TO LAST YEAR'S LOSSES.SAYS S$329 MILLION PROVISION MADE IN FY 2015 FOR SETE BRASIL CONTRACTS REMAINS ADEQUATE UNDER CURRENT CIRCUMSTANCES."GOING FORWARD, WE EXPECT CAPEX TO FURTHER MODERATE COMPARED TO PRIOR YEAR".

ASL Marine Says Unit Enters Deal For Sale Of Its Entire Stake In Jiangmen Hongda Shipyard

Monday, 29 Jul 2019

July 29 (Reuters) - ASL Marine Holdings Ltd ::UNIT ENTERED SHARE PURCHASE AGREEMENT WITH GUANGDONG SANHE PILE FOR SALE OF UNIT'S ENTIRE STAKE IN JIANGMEN HONGDA SHIPYARD.DEAL FOR RMB35 MILLION.PROPOSED DISPOSAL IS EXPECTED TO RESULT IN A GAIN ON DISPOSAL OF ABOUT S$8.9 MILLION.

India's Cochin Shipyard June Qtr Consol Profit Rises

Monday, 29 Jul 2019

July 29 (Reuters) - Cochin Shipyard Ltd ::JUNE QUARTER CONSOL PROFIT 1.19 BILLION RUPEES VERSUS 1.06 BILLION RUPEES YEAR AGO.JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 7.35 BILLION RUPEES VERSUS 6.59 BILLION RUPEES YEAR AGO.

Fincantieri preparing restructuring plan for its offshore division - CFO

Thursday, 25 Jul 2019

July 25 (Reuters) - Fincantieri Chief Financial Officer Giuseppe Dado tells analysts at post-results' conference call::GROUP IS PREPARING RESTRUCTURING PLAN FOR ITS OFFSHORE BUSINESS TO IMPROVE MARGINS.GROUP STICKS TO GUIDANCE OF HIGH SINGLE DIGIT GROWTH FOR TOTAL REVENUE IN 2019.OFFSHORE DIVISION WILL REACH BREAK EVEN IN 2020, NOT IN 2019.

China Ocean Industry Group Says Unit Received Judgment From People's Court Of Rugao City

Friday, 19 Jul 2019

July 19 (Reuters) - China Ocean Industry Group Ltd <0651.HK>::UNIT RECEIVED JUDGMENT FROM PEOPLE'S COURT OF RUGAO CITY, JIANGSU PROVINCE, PEOPLE'S REPUBLIC OF CHINA.

Yangzijiang Shipbuilding's Unit Disposed 95% Equity Interest In Nanjing Saiyang Equity Investment

Friday, 19 Jul 2019

July 19 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::UNIT DISPOSED ENTIRE 95% EQUITY INTEREST IN NANJING SAIYANG EQUITY INVESTMENT ENTERPRISE FOR RMB 65.6 MILLION.

CSSC Offshore & Marine Engineering Group Says Co Received Resignation Report From Chairman Wu Guangjun

Friday, 19 Jul 2019

July 19 (Reuters) - CSSC Offshore & Marine Engineering Group Co Ltd <600685.SS>::RECEIVED A RESIGNATION REPORT FROM WU GUANGJUN, CHAIRMAN OF NINTH SESSION OF COMMITTEE OF COMPANY.

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