Frigstad Places $1.3 Billion Newbuild Order for Ultra-Deep Water Rigs
In a $1.3 billion speculative venture, Frigstad Deepwater Ltd placed an order last week with CIMC Raffles for two, 7th generation ultra deepwater Frigstad
In a $1.3 billion speculative venture, Frigstad Deepwater Ltd placed an order last week with CIMC Raffles for two, 7th generation ultra deepwater Frigstad
BW Maritime and Samsung Heavy Industries signed a ship-building contract on Friday for BW’s first Liquefied Natural Gas Floating Storage Regasification
China may unveil fresh steps to support the shipbuilding and aerospace industries, the state-run China Securities Journal reported Monday, citing unnamed
STX OSV announced on Friday that New Orleans-based offshore supply vessel operator Tidewater Inc. acquired contracts for three platform supply vessels which
China CSSC Holdings Ltd. (600150.SH), the listed arm of China’s largest shipbuilder, said Saturday its profit likely shrank by 95% to 100% year on year
A joint development project (JDP) between HHI and Lloyd’s Register meets market demand for a new generation of drillships With the heightened
0903 GMT 9 Jan STOCK CALL: While both Keppel (BN4.SG) and SembMarine (S51.SG) are well positioned to benefit from increased industry spending and replacement
By Kyunghee Park and Jasmine Wang China’s shipbuilders are set to spark a price war in the oil-rig market. With orders for new ships plunging to an
The Finnish Government has asked the European Commission to look into French state subsidies given to STX France that may have helped the yard win a billion
At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer
DFDS, the Danish shipping and logistics company, confirmed Thursday that it is in fact negotiating with the struggling German shipyard P+S Werften concerning
German shipyard Meyer Werft announced today the delivery of the Liquefied Natural Gas (LNG) tanker CORAL ENERGY to Rotterdam-based shipowner Anthony Veder.
Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by
STX Europe said Wednesday that it has completed a deal to sell off its STX Norway Florø AS and STX Norway Design Florø AS units to Westcon Group AS
Wärtsilä announced today they have been contracted to supply the complete dual-fuel propulsion package for two 4700 CBM Liquefied Ethylene
By Mimosa Spencer and Nadya Masidlover PARIS–A contract worth more than 1 billion euros (1.33 billion dollars) to build a 5,400-passenger cruise ship for
Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD
Hyundai Heavy Industries <009540.KS> announced on Sunday that the company and its affiliated shipyard have obtained orders totaling $1.05 billion to
China Rongsheng Heavy Industries Group Holdings Ltd., the country’s largest shipbuilder outside state control, forecast its first annual loss in four
Ahhh, two of our favorite things… heavy lift and timelapse! On December 14, 2012 the 900 ton deckhouse for the U.S. Navy’s future USS Zumwalt (DDG
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