GSI Surges 72% After Acquisition of Chinese Naval Shipyard
Guangzhou Shipyard International Co., a unit of China’s biggest shipyard, surged 72 percent on its first day of trading in seven months after announcing
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Guangzhou Shipyard International Co., a unit of China’s biggest shipyard, surged 72 percent on its first day of trading in seven months after announcing
South Korea's Hyundai Heavy Industries Co Ltd, the world's biggest shipbuilder, slid to a record quarterly loss of $1.8 billion and warned it's heading for its
Since arriving at Damen’s shiprepair yard in Rotterdam on 20 October, work has been in progress around the clock on the 2010-built, 293 meter-long cruise
More than $7 billion has been invested into the search for diamonds since 2000 according to De Beers Group. Much of that has been focused in places such as
South Korea’s Samsung Heavy Industries has announced the development of a underwater robot for cleaning the hulls of ships. Think of it as a Roomba for
The VLCC Centennial J was selected by Tullow Oil for the Tweneboa-Enyenra-Ntomme (TEN) Project offshore Ghana where she is currently being converted into an
"We believe that with the depleting (oil) reserves and aging (rig) fleet, the industry fundamentals are still strong," said Chief Executive Loh Chin Hua in a
Finland's new Meyer Turku Oy shipyard has celebrated its first newbuild float out since the Turku shipyard changed ownership just last
Hyundai Mipo Dockyard announced today it has won an order for two LPG carriers from an undisclosed ship owner. The value of the newbuild contract is KRW 108.5
Sembcorp Marine Ltd. lost about $1.3 billion in market value this year, making it the second-biggest decliner on Singapore’s Straits Times Index. There’s
By late 2016, Teekay Offshore’s shuttle tanker Navion Norvegia will he installed offshore Brazil after an extensive yard period at Jurong Shipyard in
South Korea's Samsung Heavy Industries says it has won an order from an unidentified European shipowner to construct three arctic shuttle
Dutch shipbuilder Niestern Sander has launched the world’s first ‘Walk-to-Work’ vessel today which upon delivery in 2015, will support the
By Kyunghee Park Sept. 30 (Bloomberg) — Samsung Heavy Industries Co., the world’s third-largest shipbuilder, is planning to set up its first overseas
Brazilian iron ore miner Vale SA signed a strategic framework agreement with China Merchants Group, a company owned by the PRC, whereby 10 new Very Large Ore
German Shipyard Flensburger Schiffbau-Gesellschaft (FSG) announced today it has been taken over by Norwegian firm Siem Industries, a company with extremely
The first of four new Crowley Maritime Corporation product tankers was celebrated today in a keel laying ceremony held at Aker Philadelphia Shipyard, Inc.
Eastern Shipbuilding Group (ESG), located in Panama City, Florida is known for churning out a steady stream of workboats for the offshore oil and gas industry,
China COSCO’s fleet upgrade program continues today with an order for ten more bulk carriers including six of 81,600 dwt and four of 208,000 dwt. The
A shipyard in China's southeast has suspended operations after at least 500 farmers, who blame water pollution from the yard for killing their abalone harvest,
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