Shipbuilding

By Nikos Kairis The reduction of operational cost is an important aspect of managing a company especially in a harsh financial environment. In that

Rig-maker Lamprell Plc said the slump in oil prices hurt its ability to secure new business, and that it expected its revenue for this year would be about 10

Britoil Offshore Services Pte Ltd’s first of two Ulstein-designed PX121 platform supply vessels was successfully launched this week from the company’s

Finnish engine manufacturer Wärtsilä says they will be providing four 12-cylinder engines aboard a new self-propelled cutter suction dredger that was ordered

As of 30 December 2014, Finland’s Arctech Helsinki Shipyard is now 100 percent owned by Russia’s United Shipbuilding Corporation (USC) after the

Golar LNG awarded Keppel Shipyard a contract today worth approximatelyUSD $705 million to convert the 125,000 m3 LNG carrier Golar Gimi to a floating

Japan’s Mitsui OSK Lines Ltd (MOL) will supervise the construction of six new very large ethane carriers (VLECs) at Samsung Heavy Industries and

Japan's Mitsubishi Heavy Industries Ltd (MHI) said on Wednesday it was considering a range of options for its shipbuilding business, including splitting it off

Bollinger Shipyards has announced today that Ben Bordelon will assume the duties of Chairman, President and Chief Executive Officer of the company. Ben

Carnival Corporation will be adding two more ships to its vast fleet of cruise vessels operating worldwide. The company signed an order today with Fincantieri

Scorpio Bulkers announced today that it has partially scrapped its Capesize newbuild plan and will instead be replacing six of their Capesize orders with an

17 kilometers of anchor chain weighing in at over 8,100 tons are being manufactured in Spain at Vicinay Cadenas for the Shell Prelude FLNG facility. This will

Following up on their newbuild plan and associated charter contract announced last week, Farstad Shipping has today chosen Vard Holding Ltd. for the

China has added nine shipyards to its "white list" of firms deemed worth of favourable policy support, as it attempts to tackle overcapacity that has weighed

Norwegian OSV operator Farstad Shipping ASA announced today the award of a 5-year framework agreement by Technip Norge AS for delivery of ROV support

China has added nine shipyards to its "white list" of firms deemed worth of favourable policy support, as it attempts to tackle overcapacity that has weighed

By Vincent Tavani Why build a tall ship from scratch at the beginning of the twenty-first century? A full-rigged, ocean-going ship hasn’t been attempted in

Prolific Turkish tug-builder Sanmar has sent another tug on its way to work recently, their 16th so far this year. The Svitzer Tyne, as the name suggests, is

The first megablock section of Norwegian Cruise Lines' 163,000 ton Norwegian Escape has been floated out of the building dock at the Meyer Werft shipyard in

Brazil’s biggest money laundering and corruption scandal just got bigger with a high-level executive’s pledge to return $100 million and testify against