Rongsheng Heavy CEO: “There is a need to shift our focus to the offshore and marine business”
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over
Prosafe finalized a US$295.2 million contract today with Jurong Shipyard to build the second unit of a new generation harsh-environment accommodation
RIO DE JANEIRO—-The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said Friday that it
SAN DIEGO–General DynamicsNASSCO on Tuesday completed the complex float out operation for the U.S. Navy’s first Mobile Landing Platform (MLP) ship,
MODEC, a Tokyo-based offshore engineering contractor announced today that Petrobras signed a Letter of Intent with them for the supply, charter, and operations
The Emma Maersk and her E-class of sister containerships have had their day in the sun, but there’s now an even bigger kid on the block named Marco Polo
(Bloomberg) — Huntington Ingalls Industries Inc. fell after the U.S. Navy’s sole builder of aircraft carriers reported third-quarter profit that
Singapore-based shipowner Britoil Offshore Services Pte Ltd. entered into a contract today with the Ulstein Group for the design and equipment packages for two
(Bloomberg) — The former head of Petroleo Brasileiro SA’s refining division is negotiating with a group of investors to build a shipyard in
Last week US Fab, a Vigor Industrial company, won the contract to build American Construction Co., Inc.’s newest vessel, a 242’ x 54’,
SINGAPORE–Sembcorp Marine Ltd. (S51.SG) Monday reported a 48.1% fall in its third quarter net profit as revenue fell due to lower recognition of rig
China’s Zhejiang Shipbuilding delivered the platform supply vessel Bourbon Calm today, the third in a series of four platform supply vessels of
German shipyard Flensburger Schiffbau-Gesellschaft (FSG) announced this morning they have successfully launched the second of two identical RoRo freight ferry
(Bloomberg) — Samsung Heavy Industries Co., the world’s second-largest shipyard, rallied the most in eight months in Seoul trading after
(Bloomberg) — Prices for new ships have fallen to an eight-year low as shipyards sacrifice margins to win orders. Hyundai Heavy Industries Co., the
An explosion at a South Korean shipyard has killed two workers and injured nine others, Yonhap News Agency has confirmed with Police. The explosion occurred at
Fednav, the world’s largest operator of ice-classed vessels and Canada’s leading deep-sea bulk transporter, announced Tuesday that it has placed an
(Bloomberg) — Billionaire Eike Batista is pledging as much as $2 billion to shore up the finances of his oil and shipbuilding companies after drilling
SEOUL–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, on Thursday posted a 35% slump in third-quarter operating
Wärtsilä announced today that they have been awarded the contract to supply integrated power and automation systems for two new icebreakers being built
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