Shipbuilding

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

In early September, Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel shipbuilder announced that it had won two contracts for the

Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new

DFDS (DFDS.KO), the Danish shipping and logistics company, said Thursday it has cancelled contracts with German shipyard P+S Werften GmbH for a pair of new

On Saturday, the US Navy will christen the Joint High Speed Vessel (JHSV) Choctaw County, named for three U.S. counties, located in Mississippi, Alabama and