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SinOceanic facilitates Newbuilding orders for 8,800 TEU Containerships

SinOceanic Shipping ASA facilitates Newbuilding orders for 10 x 8,800 TEU Containerships at Jinhai Heavy Industries On behalf of foreign interests, SinOceanic Shipping ASA has entered into a contract with Jinhai Heavy Industries, China, to build 10 x 8800 TEU state-of-the art super eco containerships for delivery from mid 2015. Upon delivery, all vessels will […]

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SinOceanic Shipping Releases 2013 Q1 Report

SinOceanic Shipping Releases 2013 Q1 Report Consolidated operating result in line with expectations. – Consolidated EBITDA was USD 13.2 million in the 1st quarter 2013 compared to USD 5.0 million in the 1st quarter 2012. – Net financial items amounted to USD -15.5 million of which USD 0.2 million related to negativechanges in the market […]