Shipbuilding

SINGAPORE–Sembcorp Marine Ltd. (S51.SG) Monday reported a 48.1% fall in its third quarter net profit as revenue fell due to lower recognition of rig

China’s Zhejiang Shipbuilding delivered the platform supply vessel Bourbon Calm today, the third in a series of four platform supply vessels of

German shipyard Flensburger Schiffbau-Gesellschaft (FSG) announced this morning they have successfully launched the second of two identical RoRo freight ferry

(Bloomberg) — Samsung Heavy Industries Co., the world’s second-largest shipyard, rallied the most in eight months in Seoul trading after

(Bloomberg) — Prices for new ships have fallen to an eight-year low as shipyards sacrifice margins to win orders. Hyundai Heavy Industries Co., the

An explosion at a South Korean shipyard has killed two workers and injured nine others, Yonhap News Agency has confirmed with Police. The explosion occurred at

Fednav, the world’s largest operator of ice-classed vessels and Canada’s leading deep-sea bulk transporter, announced Tuesday that it has placed an

(Bloomberg) — Billionaire Eike Batista is pledging as much as $2 billion to shore up the finances of his oil and shipbuilding companies after drilling

SEOUL–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, on Thursday posted a 35% slump in third-quarter operating

Wärtsilä announced today that they have been awarded the contract to supply integrated power and automation systems for two new icebreakers being built

General DynamicsNASSCO on Wednesday delivered the USNS Cesar Chavez (T-AKE 14) to the U.S. Navy, marking the completion of a highly successful U.S.

Construction of the world’s largest ship is picking up speed. Recently, the very first propeller was loaded onto the Maersk Salalah container ship in

American Petroleum Tankers (APT) announced today that it has signed a commitment to build two new state-of-the-art product tankers at the National Steel and

Netherlands-based Iskes Towage & Salvage accepted delivery today of the first ever Damen Shipyards-built Hybrid tug at a signing ceremony at the Offshore

Rolls-Royce announced today they have won a £24 million order to design and equip four platform supply vessels (PSVs) for Brazilian ship owner Bravante Group,

Jiangsu Zhenjiang Shipyard recently launched the 84.8m SEALINK 179, an ABS-classed Multi-Purpose, Anchor Handling Supply Vessel (MPAHSV) built for Sealink

On October 19th, a launching ceremony of a RST27 Project Tanker Product-Carrier took place at Ukraine’s Kherson Shipyard (KSY), a division of Smart

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. jumped by a record in Hong Kong trading as a new manager and an order to build a

ABB recently delivered four Azipod C propulsion systems for the Blue Ocean II Wind Turbine Installation Vessel built by Samsung Shipyard in Korea. This is a

On 17 October, a naming and delivery ceremony was held at Namura Shipbuilding Co. for the Shagang Sunshine, a new 250,000 DWT, WOZMAX ore carrier.  This is