The South Korean shipbuilder has sold a factory, floating dock, and apartment block to strengthen liquidity and hopes to win banks’ support
Forty of the vessels will be ordered by government bodies, with the private sector ordering 100 vessels.
Chinese finance lessors have been increasing their presence in shipowning; CMB FL now has nearly 70 vessels.
Finance lessor shows support for shipbuilder on new lease of life
Order will raise Norwegian owner’s Kamsarmax fleet to 10 units.
Wah Kwong turns to its regular builder to expand bulker fleet.
Wilmar continues to expand its owned fleet with newbuilding orders.
Sale highlights company’s poor profitability; third consecutive loss looming.
Perth-based shipbuilder supplying US and Australian defence forces has come under attack. Credit: Shutterstock
Following a substantial newbuilding order for 20 feeder ships, Taiwanese intra-Asia carrier has contracted 16,100 containers.