Shipbuilding

KUALA LUMPUR, Aug 1 (Reuters) – Malaysia’s Petronas will directly procure newbuild liquefied natural gas (LNG) ships to bring down costs, the state

Seadrill Limited entered into new contracts today for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore

Rongsheng Heavy Industries announced in a stock filing today their plan to issue HK$1,400,000,000 (USD $180 million) in convertible bonds in an effort to help

Houston-based deepwater well intervention firm, Helix Energy Solutions Group, Inc. (NYSE: HLX), has announced their plans to build the Q7000, their

Teekay LNG Partners L.P. (NYSE:TGP) has announced that it has exercised two of its three existing options with Daewoo Shipbuilding & Marine Engineering

The lead ships classed by Lloyd’s Register incorporate advanced design, containment and operational features as well as the ability to cope with the

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced Wednesday $9.46 million to help improve 12 shipyards in 10 states.

One should not expect that shipyards in China will disappear so quickly. For the most part, shipyards in Jiangsu, China’s largest shipbuilding province,

By Rujun Shen and Ruby Lian SINGAPORE/SHANGHAI, July 23 (Reuters) – Banks have tightened lending to Chinese shipyards, putting more pressure on an

By Keith Wallis SINGAPORE, July 22 (Reuters) – A flood of orders for new vessels and slower Chinese growth in demand for commodities could derail a

Seadrill’s West Tellus, a 6th generation drillship currently under construction at DSME, officially has work to do when it get’s delivered in

July 19 (Bloomberg) — The won gained for a second week after South Korea’s shipbuilders won overseas orders and as the Federal Reserve calmed

Singapore-based rig builder, Keppel Corp and Keppel Offshore & Marine will have new leadership in 2014 as the current CEOs of both companies move on to

Seadrill has announced today that it has signed contracts to build four new ultra-deepwater drillships from South Korean yards, DSME and Samsung Heavy

HONG KONG/SINGAPORE, July 11 (Reuters) – A court has granted a unit of China Rongsheng Heavy Industries approval to proceed with legal action to reclaim

COSCO Zhoushan Shipyard Co. has announced today a contract to build four 111,000 dwt tankers for an undisclosed a European ship owner as well as a contract to

Volstad Shipping AS has signed a newbuild contract with Tersan Shipyard in Turkey for a new Subsea IMR and Construction Vessel. The vessel comes at a total

Bollinger Shipyards, Inc. announced the appointment of Richard K. Murphy as a senior manager working on Coast Guard and other governmental programs at their

SEOUL, July 9 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering has won an order worth 481.2 billion Korean won ($417.61

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. is in talks with two coastal cities and government departments to secure financial