Shipbuilding

Pressure on Japanese companies has risen in the face of competition from lower-cost producers in China and South

Rolls-Royce has signed a repeat order today for a ship developed specifically for transporting live fish. This will be the second vessel of this type for ship

Petroleum Geo-Services ASA (PGS) exercised their option today for two more “Ramform Titan-class” 3D seismic exploration vessels from Mitsubishi

Piraeus-based tanker owner, Navios Maritime Acquisition Corporation (NYSE: NNA) announced the delivery today of the Nave Atropos, a 74,695 dwt LR1 product

(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy

Work towards the design of an AT/B dredge at Signal International has been stopped at request of Great Lakes Dredge and Dock... and let's just say Signal is

It’s been a good couple days for Samsung Heavy Industries. After winning an order for two LNG carriers yesterday, they have just announced another big

Samsung Heavy Industries added another 462.3 billion won ($409.38 million) to their backlog today with the order of a pair of LNG carriers for a Joint

April 15 (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean company that is rescheduling debt with creditors, jumped the most in two years

LEEVAC Shipyards has announced a contract with Tidewater Marine to build two LEEVAC Design Services (LDS) Platform Supply Vessels (PSV), with options for two

Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards

Germany’s Lürssen Yachts on Friday launched what is now the largest superyacht in the the world. Named Azzam, the superyacht measures an astonishing

American inventor Thomas Edison would be quite pleased at the recent news from Zurich-based ABB. An early champion of direct-current (DC) electricity, Edison

SEOUL, April 4 (Reuters) – Samsung Heavy Industries said on Thursday it won a 1 trillion won ($895 million) order to build four liquefied natural gas

RIO DE JANEIRO, April 3 (Reuters) – Workers ended a two-day strike at the OSX Brasil SA shipyard at Brazil’s Port of Acu on Wednesday, after

By Joyce Lee SEOUL, April 2 (Reuters) – South Korea’s STX Offshore & Shipbuilding Co Ltd is seeking a corporate restructuring agreement from

HONOLULU – The U.S. Environmental Protection Agency (EPA) and the Hawaii State Department of Health (DOH) announced today their settlement with Marisco

(Bloomberg) — Japanese shipbuilders may post losses next fiscal year as the yen’s weakening fails to mitigate the impact of a global supply glut

Vancouver-based naval architects, Robert Allan Ltd. report today that two of their new ART 80-32 class Rotor tugs are to be built by the Damen Shipyards group

By David Lerman (Bloomberg) — The U.S. Navy’s troubled Littoral Combat Ship, a vessel intended to be small and speedy for use in shallow waters