Shipbuilding

STX Offshore and Shipbuilding has won a 746 billion won (US$696.5 million) order today to build 13 crude oil tankers including three Suezmax and ten

Johannes Neteland, the former head of marine and offshore industry supplier TTS Group, has been appointed CEO of NorYards AS effective 1 March 2014.  For

Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating

Transocean, the Switzerland-based offshore drilling contractor which has seen its share price dragging along the bottom of its 52-week low recently, has just

Precious Shipping, the Thailand-listed cement shipper, announced this week the newbuild order for two 64,000 dwt bulk carriers from Nanjing-based Sainty Marine

Singapore-based marine logistics group, Marco Polo Marine is expanding their business into the offshore drilling sector with their latest order today with PPL

Chinese shipbuilder COSCO Corp (Singapore) Ltd on Monday reported a 71 percent fall in full-year 2013 net profit, due to lower profit contributions from ship

Hornbeck Offshore CEO and Chairman Todd Hornbeck expressed optimism today during his company’s 2013 earnings call.  He noted an increase of $43.7

Creditors of South Korea's STX Offshore & Shipbuilding Co Ltd have decided to lend the debt-laden shipbuilder an extra 1.8 trillion won ($1.7 billion), two

On the occasion of the Queen Mary 2’s 10th anniversary of her delivery from STX Europe, CUNARD Line’s Chief Naval Architect Dr. Stephen Payne,

Arctech Helsinki Shipyard, in a joint venture with Russia’s United Shipbuilding Corporation (USC), signed a contract with the Finnish Transport Agency to

Following similar orders placed in November 2012 and August 2013, Norwegian OSV operator Siem Offshore has again reached out to Finnish engine manufacturer

Stalwart Tankers Inc, an Athens-based “prospective” chemical tanker owner led by Dimitrios J. Souravlas filed for IPO on the New York Stock

COSCO (Guangdong) Shipyard Co. secured a contract today valued at over USD $57 million to build two, 4500 square meter livestock carriers. The order was placed

Petronas has announced today their decision to go forward with the building of their second floating liquefied natural gas (FLNG) facility. Once built,

General Dynamics Corp. has been awarded one of three initial contracts in a $12 billion U.S. Coast Guard ship program, with competitor Huntington Ingalls

Kawasaki Kisen Kaisha Ltd., Japan’s third-largest shipping line by sales, has ordered a vessel fitted with an engine to cut nitrogen oxide emissions to meet

VARD Holdings has announced it has been awarded two contracts for the design and construction of two offshore vessels for return customers Bourbon Offshore and

Russian Deputy Prime Minister Dmitry Rogozin announced on Saturday that Russia’s Ministry of Defense had given Rosneft the approval to go ahead with a

Deltamarin signed a contract today with Malaysian oilfield services provider Bumi Armada to provide the basic design of a floating production, storage and