Shipbuilding

Daewoo Shipbuilding and Marine Engineering (DSME) announced today a 572.8 billion KRW (USD $534 million) jack-up rig newbuild order from Maersk Drilling. The

Royal Caribbean International has cut the ceremonial first piece of steel for its third Oasis-class ship at the STX France shipyard in Saint-Nazaire, marking

The Scarabeo 5, a 4th-generation semi-submersible drilling rig built in 1990 by Fincantieri for Saipem has caught fire today while drydocked at the Keppel

China's troubled shipbuilding sector has returned to the top of the global league this year, ahead of South Korea and Japan, but the headline numbers hide a

Sept. 18 (Bloomberg) — U.S. shipyards are the busiest in almost two decades as surging domestic energy production increases cargoes for the merchant

Keppel Shipyard announced today the signing of two Floating Production Storage and Offloading (FPSO) conversion contracts worth a combined value of S$190

Sept. 18 (Bloomberg) — Vietnam Shipbuilding Industry Group, the state company whose near-bankruptcy contributed to credit downgrades and banking system

Perini Navi’s latest beauty, the 73 meter Azipod-powered Grace E was launched today from their Picchiotti shipyard in La Spezia.  She shares the same

STX Finland has announced that its Board has unanimously approved a restructuring of the company which will see current operations at the Rauma Shipyard ramped

Hyundai Mipo Dockyard announced today the winning of a KRW 198 million order to build 5 Liquefied Ethylene Gas carriers from an undisclosed European shipowner.

San Diego shipyard General Dynamics NASSCO has entered into a contract with Seabulk Tankers, a wholly owned subsidiary of SEACOR (NYSE: CKH), for the design

China Shipbuilding Industry Co., a supplier to the Chinese army, plans to raise as much as 8.48 billion yuan ($1.4 billion) from the sale of shares to acquire

South Korea's STX Offshore & Shipbuilding Co. said Monday that Kang Duk-Soo will be stepping down from his post as Chairman of the struggling

(Bloomberg) — Mitsui Engineering & Shipbuilding Co., the heavy machinery maker whose merger talks with Kawasaki Heavy Industries Ltd. fell apart

Hyundai Mipo Dockyard announced today they have been awarded a 113,200,000,000 KRW (USD $103 million) newbuild order for new containerships from an undisclosed

In an exchange filing today, Samsung Heavy Industries announced the winning of contracts to build a new drillship and two LNG carriers for a total

Sept. 2 (Bloomberg) –Wärtsilä a Finnish maker of ship engines, rose the most in eight weeks in Helsinki trading after winning a repeat-order for the

United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an

Currently taking shape at Foss Maritime’s shipyard in Seattle are the Port of Long Beach’s new Robert Allan-designed fireboats. Once delivered in

Daewoo Shipbuilding and Marine Engineering (DSME) announced today they have won an order for three containerships rumored to be 18,000