Shipbuilding

By Koh Gui Qing and Yimou Lee HONG KONG/BEIJING, July 8 (Reuters) – An appeal for government financial support from China’s biggest private

Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels helps it skirt the global

China Rongsheng Heavy Industries Group, China's largest private shipbuilder, appealed for financial help from the Chinese government and big shareholders on

(Bloomberg) — Brazilian billionaire Eike Batista is being asked by advisers to consider shutting down OSX Brasil SA’s shipbuilding business and

MOSCOW, July 4 (Reuters) – Daewoo Shipbuilding & Marine Engineering has won a tender to build ice-class gas tankers for the Yamal LNG project to

China State Shipbuilding Corporation (CSSC) has announced the launch of China’s first dual fuel harbor tug, the CNOOC 521,  from their Huangpu Shipyard.

China International Marine Containers Group (2039:HK) announced today they have signed a USD $595.00 million newbuild contract with Dalian Shipbuilding (DSIC)

Scorpio Tankers Inc. (NYSE: STNG) has announced a big investment into the liquefied petroleum gas (LPG) transportation sector. The product tanker owner has

Singapore-based rig-builder Sembcorp Marine announced today that they have signed newbuild orders for two jack-up rigs from Integradora de Servicios Petroleros

South Korean shipyards Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy announced orders on Monday with a pair of LNG carriers and a

Lloyd’s Register (LR) has signed the classification contract for six 174,000 m3 liquefied natural gas (LNG) tankers to be built by Hudong Zhonghua

At South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), first steel was cut yesterday for the hull of Petronas’ first Floating

Streamers towed behind a seismic survey vessel are fairly vulnerable when deployed, and extremely costly to replace when damaged or destroyed by vessel

On Wednesday, China Oilfield Services Limited (COSL) signed newbuild agreements for the construction of 15 vessels at five different Chinese shipyards. The

COSCO Corporation announced today that COSCO (Nantong) Shipyard Co. Ltd. secured contracts from a Singapore firm for the conversion of two semi-completed hulls

  In St. Petersburg, Russia, it was a day of signatures and handshakes as strategic partnerships were formed between Russian energy major Gazprom, JSC

Seadrill announced today they have awarded $460 million in new build contracts to Dalian Shipbuilding (DSIC Offshore) in China for the construction of two high

The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the

Kawasaki Heavy Industries fired Satoshi Hasegawa as president and said it ended talks to merge with Mitsui Engineering & Shipbuilding Co., two months after

Kawasaki Heavy Industries Ltd., Japan’s second-biggest heavy-equipment maker, removed Satoshi Hasegawa as president as it ended merger talks with Mitsui