Items Tagged With shipyard

I.M. Skaugen ASA (IMSK) has entered into a new Equity Joint Venture (EJV) in China with Zhangjiagang Shenghui Chemical Machinery Co., Ltd (ZSHCM), a maker of steel vessels and structures for refinery and petrochemical production facilities. The Company is located in Zhangjiagang city, in the Jiangsu Province, about two hours northeast of Shanghai.

Samsung Heavy Industries (SHI) concluded a contract with Hanjin Shipping to build five 10,000 TEU container ships on August 24. The order allowed the shipbuilder to receive an accumulated amount of US$10 billion worth of orders so far this year. In addition, SHI is the first shipbuilder in the industry to reach US$10 billion in the orders received this year. It also marks the highest amount since the Korean shipbuilder was established.