Shipbuilding

South Korea's STX Offshore & Shipbuilding Co. said Monday that Kang Duk-Soo will be stepping down from his post as Chairman of the struggling

(Bloomberg) — Mitsui Engineering & Shipbuilding Co., the heavy machinery maker whose merger talks with Kawasaki Heavy Industries Ltd. fell apart

Hyundai Mipo Dockyard announced today they have been awarded a 113,200,000,000 KRW (USD $103 million) newbuild order for new containerships from an undisclosed

In an exchange filing today, Samsung Heavy Industries announced the winning of contracts to build a new drillship and two LNG carriers for a total

Sept. 2 (Bloomberg) –Wärtsilä a Finnish maker of ship engines, rose the most in eight weeks in Helsinki trading after winning a repeat-order for the

United Arab Emirates-based rig builder Lamprell (LSE:LAM) announced today that an undisclosed drilling contractor has exercised a newbuild option for an

Currently taking shape at Foss Maritime’s shipyard in Seattle are the Port of Long Beach’s new Robert Allan-designed fireboats. Once delivered in

Daewoo Shipbuilding and Marine Engineering (DSME) announced today they have won an order for three containerships rumored to be 18,000

Austal Shipbuilding announced today that their second Independence-variant Littoral Combat Ship, the Coronado (LCS 4) successfully completed Acceptance Trials

LOCKPORT, La., Bollinger Shipyards’ Chairman and CEO Donald “Boysie” Bollinger announced the appointments of Chris Bollinger as President and

Rolls-Royce announced today that the largest capacity Syncrolift® shiplift to be built in Vietnam is now officially open for service. The Syncrolift has been

Farstad Shipping has announced today the signing of a NOK 825 million newbuild contract with VARD for a Subsea IMR vessel. Farstad notes the hull will be built

China Oilfield Services Limited (COSL) has announced the purchase of two GustoMSC CJ46 jack-up drilling rigs which are currently under construction at China

Bollinger Shipyards in Lockport, Louisiana has announced the delivery of the seventh Fast Response Cutter to the U.S. Coast Guard. Named CHARLES DAVID JR, the

Floatel International announced today the signing of their fifth semi-submersible accommodation newbuild contract with Keppel FELSs. The order adds USD $280

DUBAI, Aug 20 (Reuters) – The National Shipping Company of Saudi Arabia (Bahri) has signed a memorandum of understanding with Saudi Aramco and

Aug. 20 (Bloomberg) — Wilbur Ross, the billionaire investor in struggling industries, says Chinese limits on shipbuilding will help the cargo market

China Ocean Shipbuilding Industry Group Ltd warned shareholders and prospective investors today: Based on the preliminary review of the unaudited management

A 50/50 joint venture between DOF Subsea and Technip has just won a USD $3.4 billion contract from Petrobras for the construction and operation of four new

Aug. 12 (Bloomberg) — China grew into the world’s leading shipbuilder over the last decade as hundreds of private yards opened to compete with