Shipbuilding

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

Prosafe announced today they have signed a Letter of Intent for the construction of a semi-submersible accommodation rig at Jurong Shipyard Pte Ltd (JSPL) in

On Monday, with support from BAE Systems Southeast Shipyard and Berard Transportation, Austal USA successfully completed the launch process of the recently

TOKYO — Mitsubishi Heavy Industries Ltd. dismissed a local newspaper report Wednesday that it aims to buy a controlling share in a shipbuilding unit of

The Island Innovator, a DNV-classed semi-submersible drilling and well intervention rig was delivered today by COSCO Qidong shipyard to its new owner, Odfjell

Bermuda-based Höegh LNG announced today a new joint venture with STX Pan Ocean that gives each party a 50% stake in the  153,600 cubic meter, tri fuel,

ABB announced today the winning of a $35 million order from the Baltic Shipyard Ltd to supply Azipod propulsion and associated distribution systems for a new

There are a few headlines going around today in some major publications and by the Associated Press claiming that China has announced plans to build 50

China’s Rongsheng Heavy Industries announced today the delivery of a pair of 380,000 DWT Very Large Ore Carriers (VLOCs); one to Brazilian ore giant

d’Amico International Shipping S.A. (Borsa Italiana: DIS), has announced that its subsidiary d’Amico Tankers Ltd has signed a $66 million contract

NEWPORT NEWS, Va. — Huntington Ingalls Industries (NYSE:HII) announced today the receipt of a $296 million contract modification, under a previously

Following dismal news from the Brazilian Federal Court yesterday, offshore drilling contractor Transocean Ltd. (NYSE: RIG) (SIX: RIGN) received an

(Bloomberg) — Hyundai Heavy Industries Co., the world’s biggest shipbuilder, made a preliminary bid for an $890 million stake in planemaker Korea

MV Star Norita, a 58,000 DWT supramax bulk carrier, was named and delivered today by Chinese shipbuilder,  Tsuneishi (Zhoushan) Shipbuilding to its owner,

With future projections showing increased demand for deepwater rigs, Seadrill announced today that they have signed another US$600 million contract with

The office of U.S. Senator Mary L. Landrieu (D-La.), acting as chair of the Homeland Security Appropriations Subcommittee, announced Friday that the USCG has

With an estimated 250 extra OSV’s needed to support Brazil’s offshore oil and gas industry by 2020, Brazilian private equity fund P2 has promised

PRESS RELEASE — UAE-based shipyard Drydocks World announced today the completion of conversion and upgrade of Jack-up Drilling Platform, Beynouna

COSCO Zhoushan Shipyard Co., a subsidiary of COSCO Corporation’s 51% owned COSCO Shipyard Group Co, announced the delivery of the Asian Triumph, 57,000

The U.S. Navy said Monday that it has awarded General Dynamics Electric Boat a $94 million contract to begin planning the restoration of the nuclear attack