Samsung Heavy Industries plans to resolve its issues relating to a shortage of production facilities in light of the dramatic increase in orders it has experienced in recent years, by constructing additional blocks with a 100,000 ton capacity through the securing of a 280,800sq m plot of land for a new factory near the Geoje Shipyard. SHI announ...
MALAYSIAN-based Star Cruises is to sell a 50% equity stake its wholly-owned subsidiary NCL Corporation to private equity company Apollo Management for US$1bn. The proceeds will be used to refinance the existing NCL indebtedness and, Star says, “greatly increasing the liquidity available to fund a continuation of the dramatic new ship building program that...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi