Engineering News

By Flemming Emil Hansen, Dow Jones & Co, Image by Jeff Shea/NY Times COPENHAGEN—Denmark this week launched its first formal strategy for the Arctic

In 1977 the JCE Group AB, founder of Consafe Offshore AB, built the world’s first purpose built flotel semi-submersible, named Safe Astoria. Since that

Image courtesy Reuters HONG KONG (MarketWatch)–The South Korean market led the way for hefty stock losses in Asia Friday, as risk appetite evaporated on

Bollinger Shipyards has issued a statement in response yesterday’s lawsuit filed against them by the U.S. Department of Justice.  The complaint alleges

The U.S. Coast Guard Cutter Matagorda after its conversion to 123 feet. March 2004. Photo by PA3 Jonathan McCool, USCG The federal government today filed suit

U.S. Transportation Secretary Ray LaHood has announced today $9.98 million in grants to 13 small U.S. shipyards through the U.S. Maritime Administrations Small

LONDON (Dow Jones)–Chinese shipbuilder and shipping firm Dongfang Shipbuilding Co. expects its upcoming listing on London’s Alternative

MUMBAI (Dow Jones)–Indian shipbuilder and defense contractor Pipavav Shipyard Ltd. (533107.BY) Saturday said it is considering an overseas listing of

(Dow Jones) Huntington Ingalls Industries Inc. (HII) swung to a smaller-than-expected second-quarter profit as lower volume hurt sales. The country’s

South Korean shipbuilder Hyundai Heavy Industries has gone mobile, launching the world’s first after-sales services (A/S) for ships accessible via a

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s No. 2 shipping company by revenue, said Wednesday it will invest KRW695

A screen shot of Germanischer Lloyd’s Eco-Assistant, a tool to help ship captains maximize the fuel and power efficiency of their vessels.  In times of

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) said Thursday its unit has secured two contracts worth a total of S$146 million. As part of the first

KALGOORLIE, Australia (Dow Jones)–Nearly a third of the world’s minerals could come from the deep sea using technology similar to that employed by

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Tuesday its second-quarter net profit fell 15% from a year earlier because of a sharp

HVDC Light transmission link will connect North Sea wind farms to German power grid Zurich, Switzerland, Aug. 2 2011 – ABB, the leading power and

Out of the ashes of the once financially troubled Northrop Grumman Shipbuilding, Huntington Ingalls Industries charges ahead with the award of a $504M contract

Incat Crowther has reported the launch of Topaz Zenith, an innovative 27.6m Wave Piercing Catamaran Crew Boat designed to support offshore energy

Greek shipowner, George Economou, has placed an order for four LNG carriers worth $848 million from Daewoo Shipbuilding & Marine Engineering Co., South

AMSTERDAM (Dow Jones)–SBM Offshore NV’s (SBMO.AE) shares slumped Thursday after the Dutch oil services company booked a $450 million charge