Shipbuilding And Repair News

 

Greece's National Bank Dumps Impaired Shipping Loans

Nov 27, 2019

National Bank (NBG) has signed deals to sell a 262 million euro ($288.78 million) portfolio of shipping loans to investment funds as part of its effort to reduce its load of soured credit, Greece's second-largest lender said on Wednesday.The bank said it sold the loans for about 50% of their outstanding balance as of end June 2019. The transaction will have a marginal impact on its Core Tier 1 capital ratio…

Turku Shipyard Doubles the Order

Feb 06, 2020

Finnish shipbuilding company Meyer Turku Oy (known as the Turku shipyard) announced that the supply orders of the shipyard got almost doubled in two years.'The value of supply orders to the shipyard has grown very strongly. It has almost doubled in two years (+ 84 %)…

HHI Projects a Revenue of $15.9Bn in 2020

Jan 05, 2020

South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, which includes the world's largest shipyard, aims for a revenue of USD 15.9 billion in 2020.Yonhap News Agency said the combined target of Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries Co…

Logistics News

Saudi Red Sea Authority and NEOM Sign Tourism MoU

Saudi Red Sea Authority and NEOM Sign Tourism MoU

Matt Kaplan to Lead New Great Lakes Authority

Matt Kaplan to Lead New Great Lakes Authority

Montrose Becomes First Port in Scotland to Provide Shore Power for Vessels

Montrose Becomes First Port in Scotland to Provide Shore Power for Vessels

Port Operator JSW Infrastructure Q4 Profit Rises 10%

Port Operator JSW Infrastructure Q4 Profit Rises 10%

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