Shipbuilding

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. jumped by a record in Hong Kong trading as a new manager and an order to build a

ABB recently delivered four Azipod C propulsion systems for the Blue Ocean II Wind Turbine Installation Vessel built by Samsung Shipyard in Korea. This is a

On 17 October, a naming and delivery ceremony was held at Namura Shipbuilding Co. for the Shagang Sunshine, a new 250,000 DWT, WOZMAX ore carrier.  This is

Seaspan Marine today broke ground on a $200 million re-development and facilities upgrade at its Vancouver Shipyard facility that will help the yard fulfill a

Austal held a keel-laying ceremony today for the third Independence-variant Littoral Combat Ship (LCS) – Jackson (LCS 6), one of five Austal-designed

LONDON–Royal Dutch Shell PLC (RDSA) said Thursday that major construction had begun on the world’s first floating vessel that will use new

Reflecting its renewed competitiveness in the international market for small and medium-sized commercial vessels, Austal announced today that they have

SINGAPORE–Keppel Corp. (BN4.SG) Thursday said third-quarter net profit fell 14.7% from a year earlier as a rise in costs outpaced revenue growth. Net

Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (Oslo: AKPS), held a ceremonial keel laying today for

RIO DE JANEIRO–Brazilian businessman Eike Batista will buy $500 million in shares of shipbuilding and oilfield services company OSX Brasil S/A (OSXB3.BR)

RIO DE JANEIRO–Brazil’s Merchant Marine Fund has approved additional financing for oilfield services company OSX Brasil SA (OSXB3.BR) to complete

Workers at BAE Systems on Sunday moved the biggest section of HMS QUEEN ELIZABETH, the first of two new aircraft carriers for the Royal Navy, out of the

Damen Shipyards announced today that they have signed a contract with Kuwait Oil Company (KOC) for 14 Damen ASD Tugs. The series consist of two types, with 9

(Bloomberg) — Mitt Romney’s pledge to build 15 Navy vessels a year, up from about nine a year now planned, is a goal that will probably be

STX OSV announced today that Norwegian offshore vessel owner, Siem Offshore has declared options for the design and construction of two additional Offshore

(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new

With scores of Chinese shipbuilders struggling to stay afloat, some have been forced to diversify their offerings and look to adjacent markets for even the

Damen Shipyards announced today the delivery of two, PSV 4500 platform supply vessels, plus another four which are currently under construction and destined

ATHENS–Greek shipyard workers clashed with riot police Thursday after protesters stormed the country’s defence ministry in a dispute over unpaid

The DNV-classed Far Solitaire (UT 754 WP) was delivered today from the STX OSV Langsten shipyard to its new owner, Farstad Shipping.  Last month, this vessel