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Mingde Heavy Declares Bankruptcy

Tongzhou District People’s Court in Nantong officially declared Nantong Mingde Heavy Industry bankrupt on July 31, ...

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Four 64,000dwt Bulkers Up for Grabs at Sainty Marine

Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp has put four 64,000 tons bulk carriers already constructed ...

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Sainty Marine Misses Out on Mingde Heavy Takeover

The receiver of bankrupt Nantong Mingde Heavy Industry believes that financial troubles engulfing Shenzhen-listed ...

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Mingde Misses Restructuring Plan Delivery Deadline

Mingde Heavy Misses Restructuring Plan Delivery Deadline

Nantong Mingde Heavy Industry, a subsidiary of the financially troubled shipbuilder Jiangsu Sainty Marine ...

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