Shipbuilding

Named the RNOV ‘Shabab Oman,” this 87-meter sail training vessel (STV) is destined to become the flagship of the Royal Navy of Oman once delivered

STX Shipbuilding reports today they have lost a KRW 742.9 billion order for a newbuild drillship. Although not specifically mentioned in the exchange filing,

Sembcorp Marine’s subsidiary PPL Shipyard announced today the signing of a repeat order to build a third Pacific Class 400 jack-up rig for Perisai (L)

British Virgin Islands-based firm Prosperity Investment Ltd has entered into an agreement today with China State Shipbuilding Corporation to build four, 64,000

The Deepsea Aberdeen, a semi-submersible drilling rig being built for Odfjell Drilling, sank at the DSME shipyard in South Korea on Saturday. Up until its

The video captures construction of Washington state’s newest Olympic Class ferry, 144-car Tokitae, from the start of construction through summer 2013.

Daewoo Shipbuilding and Marine Engineering announced today they will be building a 263,000㎥ LNG-FSRU (LNG Floating, Storage & Regasification unit) for

Mercy Ships has announced that it has reached an agreement with China Shipbuilding Industry Corporation (CSIC) to build a new 36,600-GRT hospital ship at the

The 23,000 DWT multipurpose cargo vessel Reggeborg was successfully launched this week at the Fersus Smit yard in Leer, Germany. The vessel is the second of a

China laid out a detailed three-year plan in early August to restructure its massive shipbuilding industry, urging local governments to halt approvals of new

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) announced today the winning of a newbuild order for six, 10,000 TEU containerships

A court in Vietnam sentenced two former executives of a state-owned shipping firm to death on Monday for embezzlement, an unusual harsh sentence in a communist

In the last week, the Chinese government announced a series of subsidies for the local shipping market. In general the program has as follows: Chinese

Samsung Heavy Industries confirmed today $300 million in newbuild orders have been placed for a pair of product tankers and a Liquefied Natural Gas Floating

In an exchange filing today, Hyundai Mipo Dockyard in South Korea announced  602.7 billion KRW ($573.4 million) order from BP Shipping for fourteen product

United Arab Shipping Company (UASC) has announced today plans to retrofit its future fleet of ultra-large (14,000 – 18,000 TEU) containerships with

Tsakos Energy Navigation Limited (NYSE:TNP) has announced today strategic partnership with Statoil involving the construction and chartering of five to nine

Singapore's Keppel Corporation Ltd, the world's top offshore drilling rig maker, said it plans to build its first drillship despite not having a buyer lined

Bollinger Shipyards delivered the 154 foot patrol craft CHARLES SEXTON yesterday to the 7th Coast Guard District located in Key West, FL.  She is the

China offering up to $247 per gross ton with new "Cash for Clunkers"