Hanjin Shipping gets creditors’ approval to restructure

South Korea’s Hanjin Shipping has received approval from its creditor banks to proceed with a voluntary...

Sainty Marine aborts plan to help restructure Nantong Mingde

China’s troubled shipyard Sainty Marine has aborted its plan to help the restructuring of debt-ridden compatriot Nantong Mingde Heavy Industry. ...

China Rongsheng Still in Talks to Restructure Unit

China Rongsheng Heavy Industries said Tuesday that it was still in talks with third parties to help with the...

Chinese Shipbuilding Restructure Paying Off

China Daily reports that although the Chinese shipbuilding industry is still troubled, cuts in overcapacity and...