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Algeria commissions second Chinese-built C28A corvette - 15/03/2016
The Algerian Navy has commissioned a second China-built C28A guided missile corvette, according to a report carried by the semi-official Chinese newspaper PLA Daily on 15 March and corroborated by IHS Jane's with Algerian internet sources.
For the complete story, see:
http://www.janes.com/article/58827/algeria-commissions-second-chinese-built-c28a-corvette
TradeWinds - Wartsila forms fourth venture with CSSC - 17/03/2016
Finnish ship systems group teaming up with Chinese yard group on automation solutions.
For the complete story, see:
http://www.tradewindsnews.com/shipsales/389449/wartsila-forms-fourth-venture-with-cssc
TradeWinds - YZJ passed on 40% of orders over payment terms - 15/03/2016
Chinese shipbuilder said to have adopted "unwavering stance" in face of weak shipping markets.
For the complete story, see:
http://www.tradewindsnews.com/shipsales/388857/yzj-passed-on-40-percent-of-orders-over-payment-terms
ecns - China to build another polar ship after Xuelong - 11/03/2016
Shipyard official says bidding on nation's second icebreaker due to start next month, with competition fierce for the advanced-technology, 1 billion yuan vessel.
For the complete story, see:
http://www.ecns.cn/2016/03-11/202442.shtml
Bloomberg - Bank of Tianjin IPO said to draw China State Shipbuilding, Tewoo - 14/03/2016
Bank of Tianjin Co., a commercial lender based in the northern Chinese port city, plans to sell about $560 million of stock to seven cornerstone investors in its Hong Kong initial public offering, people with knowledge of the matter said. China State Shipbuilding Corp., a maker of warships and bulk carriers, agreed to invest $270 million.
For the complete story, see:
http://www.bloomberg.com/news/articles/2016-03-14/bank-of-tianjin-said-to-draw-china-state-shipbldg-to-950m-ipo
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Media Releases
COSCO CORP (SINGAPORE) - COSCO Corporation secures contract for one (1) self-elevating workover unit -16/03/2016
Announcement Title General Announcement
Announcement Subtitle COSCO CORPORATION SECURES CONTRACT FOR ONE (1) SELF-ELEVATING WORKOVER UNIT
Securities COSCO CORPORATION (S) LTD (COSCORP)
Date & Time of Broadcast Mar 16, 2016 17:08
Submitted By Wu Zi Heng
Vice Chairman and President
Description Please see link.
http://cosco.listedcompany.com/newsroom/20160316_170833_F83_O4RILLNS2J4Z7I2W.1.pdf
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