Shipbuilding

Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to

Following similar orders placed in November 2012 and August 2013, Norwegian OSV operator Siem Offshore has again reached out to Finnish engine manufacturer

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock

COSCO (Guangdong) Shipyard Co. secured a contract today valued at over USD $57 million to build two, 4500 square meter livestock carriers. The order was placed

Petronas has announced today their decision to go forward with the building of their second floating liquefied natural gas (FLNG) facility. Once built,

General Dynamics Corp. has been awarded one of three initial contracts in a $12 billion U.S. Coast Guard ship program, with competitor Huntington Ingalls

Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping line by sales, has ordered a vessel fitted with an engine to cut nitrogen oxide emissions to meet

VARD Holdings has announced it has been awarded two contracts for the design and construction of two offshore vessels for return customers Bourbon Offshore and

Russian Deputy Prime Minister Dmitry Rogozin announced on Saturday that Russia’s Ministry of Defense had given Rosneft the approval to go ahead with a

Deltamarin signed a contract today with Malaysian oilfield services provider Bumi Armada to provide the basic design of a floating production, storage and

Samsung Heavy Industries terminated a contract to build three "very large containerships" according to a regulatory filing

Hyundai Mipo Dockyard won a newbuild order today for six product tankers. The 228.6 billion KRW (USD $211.8 million) order was from an undisclosed Marshall

Bergen Group’s Hanøytangen yard is preparing to host the Floatel Superior after winning a contract for various yard services and modification work over

Volstad Shipping has announced today they have secured the required financing to execute the previously announced construction contract for a new 128-meter

Daewoo Shipbuilding and Marine Engineering announced today the winning of an order for two LNG carriers from an undisclosed European buyer. The total contract

The smile on Mr. Y.J.Ji of Hyundai Heavy Industries (HHI) pretty much says it all.  His company just signed a newbuild order today with United Arab Shipping

Nakilat has announced the securing of a USD $669 million loan facility with QNB Group today which the Qatari LNG shipper says they will use to refinance

COSCO Holdings announced today the placing of a newbuild order with Shanghai Jiangnan Changxing Shipbuilding Co. Ltd, for five, 9,400 TEU containerships. The

Yara International ASA, one of the world’s largest specialty chemical and fertilizer companies, placed an order today with South Korean shipbuilder

While at the Surface Navy Association’s (SNA) 26th National Symposium in Washington, DC the other week, I met Don Roussinos, President of Rolls-Royce Naval