Shipbuilding

Hong Kong-based container shipping line Orient Overseas Container Line (OOCL) has welcomed its first new ‘megaship’ with the naming ceremony of the

South Korean shipping line HMM has placed a $1.2 billion order for nine 9,000 TEU capacity dual-fuel containerships powered by methanol. The shipbuilding

By Mircely Guanipa and Marianna Parraga PUNTO FIJO, Venezuela, Feb 13 (Reuters) – Venezuela will contract with an Iranian shipyard to build two

Italian shipping group Grimaldi has grown its newbuild orderbook with five additional “ammonia-ready” pure car and truck carriers (PCTCs) to be

Following up on yesterday’s news that Crowley and ESVAGT are moving forward with plans to construct a service operations vessel (SOV) for the U.S. wind

U.S.-based shipping company Crowley and Danish offshore services company ESVAGT have agreed to jointly build and operate a service operations vessel (SOV) for

Methanol is emerging as a promising alternative fuel that could help shipping meet its increasingly stringent emissions targets. When produced from non-fossil

By Alberto Brambilla (Bloomberg) — Italy’s Fincantieri SpA wants to slash its debt-to-profit ratio in its new business plan through 2027, as the

Norwegian offshore services company Havfram has confirmed the start of construction on its first offshore wind turbine installation vessel at CIMC-Raffles in

By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as

By Chen Aizhu SINGAPORE, Dec 12 (Reuters) – China is making fast inroads in the market for newbuild liquefied natural gas (LNG) tankers as

Houston-based Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the U.S., has announced the launch of the

Master Boat Builders to CoMobile, Alabama-based Master Boat Builders will construct two new tugboats for Moran Towing Corporation. The tugs will mark the first

Danish offshore wind construction company Cadeler has placed an order to build a fourth state-of-the-art jack-up at COSCO Heavy Industries in Qidong, China.

ST PETERSBURG, Russia, Nov 22 (Reuters) – President Vladimir Putin on Tuesday touted Russia’s Arctic power at a flag-raising ceremony and

1,200 new jobs pledged as Harland & Wolff-led consortium is awarded a $1.9 billion Royal Navy contract LONDON, Nov 16 (Reuters) – Britain

Bollinger Shipyards announced Monday it has completed its acquisition of VT Halter Marine and ST Engineering Halter Marine Offshore (STEHMO) from ST

With billions of dollars in new contracts why are US shipyard valuations hitting record

The transaction includes key U.S. Government programs, including the USCG Polar Security Cutter, U.S. Navy Auxiliary Personnel Lighters and a repair facility.

U.S. shipping company Matson has returned to Philly Shipyard with an order for three Jones Act containerships to join the two Aloha class sisterships already