Shipbuilding

Mitsubishi Heavy Industries’ Nagasaki Shipyard & Machinery Works will be cutting steel again soon for another very large liquefied petroleum gas

Norwegian offshore shipbuilder VARD closed out a big week on Friday announcing a third contract for two platform supply vessels from Mermaid Marine

Sinopacific Shipbuilding Group has announced the signed newbuild order for two firm bulk carriers, plus two options from Bohi Industry, the Chinese

A 7-year charter agreement between expanding subsea contractor DeepOcean and Maersk Supply Service has triggered a newbuild order for a Damen Offshore Carrier

Eagle Louisiana, the second of two Modular Capture Vessels (MCVs) built for Singapore-based AET by Drydocks World has been delivered.  The first MCV, Eagle

United Arab Shipping Company (UASC) announced over the weekend the exercising of their final option for a sixth 18,000 TEU containership from Hyundai Heavy

Shipowners, investors and analysts, who have been expecting for some time to see the dry bulk orderbook, as well as the overall shipping orderbook, to decline

Bergen Group continues their company’s divestment from the shipbuilding sector today with the sale of their two remaining projects to Kleven Shipyard in

PRESS RELEASE – ATHENS, Greece (March 5, 2014) – Paragon Shipping Inc. (NASDAQ: PRGN) (“Paragon Shipping” or the

It’ll be quite a sight when Keppel FELS eventually conducts the jack-up test for TS Offshore’s new KFELS N Plus jack-up rig with it’s main

Vigor Fab has announced that it has been awarded a contract to build two 83,000 bbl. tank barges for Harley Marine Services. The 422’x 76’ x 27’ tank

The dry bulk shipping market continues to see the fleet and orderbook grow.  In January 2014, the worldwide capacity of dry bulk vessels grew by nearly 8

STX Offshore and Shipbuilding has won a 746 billion won (US$696.5 million) order today to build 13 crude oil tankers including three Suezmax and ten

Johannes Neteland, the former head of marine and offshore industry supplier TTS Group, has been appointed CEO of NorYards AS effective 1 March 2014.  For

Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating

Transocean, the Switzerland-based offshore drilling contractor which has seen its share price dragging along the bottom of its 52-week low recently, has just

Precious Shipping, the Thailand-listed cement shipper, announced this week the newbuild order for two 64,000 dwt bulk carriers from Nanjing-based Sainty Marine

Singapore-based marine logistics group, Marco Polo Marine is expanding their business into the offshore drilling sector with their latest order today with PPL

Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship

Hornbeck Offshore CEO and Chairman Todd Hornbeck expressed optimism today during his company’s 2013 earnings call.  He noted an increase of $43.7