Shipbuilding

0903 GMT 9 Jan STOCK CALL: While both Keppel (BN4.SG) and SembMarine (S51.SG) are well positioned to benefit from increased industry spending and replacement

By Kyunghee Park and Jasmine Wang China’s shipbuilders are set to spark a price war in the oil-rig market. With orders for new ships plunging to an

The Finnish Government has asked the European Commission to look into French state subsidies given to STX France that may have helped the yard win a billion

At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer

DFDS, the Danish shipping and logistics company, confirmed Thursday that it is in fact negotiating with the struggling German shipyard P+S Werften concerning

German shipyard Meyer Werft announced today the delivery of the Liquefied Natural Gas (LNG) tanker CORAL ENERGY to Rotterdam-based shipowner Anthony Veder.

Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by

STX Europe said Wednesday that it has completed a deal to sell off its STX Norway Florø AS and STX Norway Design Florø AS units to Westcon Group AS

Wärtsilä announced today they have been contracted to supply the complete dual-fuel propulsion package for two 4700 CBM Liquefied Ethylene

By Mimosa Spencer and Nadya Masidlover PARIS–A contract worth more than 1 billion euros (1.33 billion dollars) to build a 5,400-passenger cruise ship for

Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD

Hyundai Heavy Industries <009540.KS> announced on Sunday that the company and its affiliated shipyard have obtained orders totaling $1.05 billion to

China Rongsheng Heavy Industries Group Holdings Ltd., the country’s largest shipbuilder outside state control, forecast its first annual loss in four

Ahhh, two of our favorite things… heavy lift and timelapse! On December 14, 2012 the 900 ton deckhouse for the U.S. Navy’s future USS Zumwalt (DDG

MAN Diesel & Turbo announced today that Teekay LNG Partners (NYSE: TGP) has chosen their ME-GI dual-fuel, two-stroke, gas-injection engines for a pair of

Destined for the Gulf of Mexico, the deep-water semi-submersible crane & accommodation vessel Explorer Lifter was delivered today by Yantai CIMC Raffles

Ulstein announced today they have entered into a contract with Island Ventures II LLC, a joint venture partnership between Norwegian offshore operator Island

COSCO Nangtong and Qidong Shipyards won a USD $370 million FPSO newbuild order yesterday from Dana Petroleum to build a Sevan FPSO for the Western Isles

Canadian company Fednav Limited, one of the world’s largest operators of high ice-class vessels, has recently agreed to a long term transportation

Keppel Corp., the world’s biggest oil-rig builder, may consider buying a yard in China as the nation boosts offshore drilling to meet rising energy