Shipyard

SEOUL—Daewoo Shipbuilding & Marine Engineering Co. said Friday it has canceled an order worth 589 billion won ($514 million) from a European client

PASCAGOULA, Miss., Dec. 2, 2011 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) today announced that the company’s

SINGAPORE (Dow Jones)–STX OSV Holdings Ltd. (MS7.SG) on Sunday said it has won a contract worth US$536 million from a unit of a unit of Brazilian energy

Occupy Wall Street has grabbed the headlines but momentum is slowing and their message is falling on deaf ears in Washington. Maybe they would be more

South Korea has been trying for years to boost its tourism industry as part of its effort to strengthen the domestic economy. On Wednesday, it unveiled its

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday that its third-quarter net profit fell 25% from a year earlier due to weaker margins

One of the world’s most prolific shipbuilders, Daewoo Shipbuilding and Marine Engineering (DSME), located in Okpo, Korea, hit their sales target for this

SEOUL (Dow Jones)–South Korean shipping-to-shipbuilding conglomerate STX Group said Sunday it won’t seek large-scale merger and acquisition bids

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) said Thursday its third-quarter net profit rose 33.3% from a year earlier, beating analysts’

Contracts will soon be awarded to Canadian shipyards for an aggressive $35-billion shipbuilding project, the largest military procurement in modern Canadian

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) has exceeded its annual order target of $11 billion by 9%,

LONDON (Dow Jones)–United Arab Emirates-based oil rig engineer Lamprell PLC (LAM.LN) expects earnings in the second-half of the year to improve on

SEOUL (Dow Jones)–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) expects Indonesia to name the company as the preferred bidder for the

Image courtesy Reuters HONG KONG (MarketWatch)–The South Korean market led the way for hefty stock losses in Asia Friday, as risk appetite evaporated on

(Dow Jones) Huntington Ingalls Industries Inc. (HII) swung to a smaller-than-expected second-quarter profit as lower volume hurt sales. The country’s

SEOUL (Dow Jones)–Hyundai Merchant Marine Co. (011220.SE), South Korea’s No. 2 shipping company by revenue, said Wednesday it will invest KRW695

SINGAPORE (Dow Jones)–Keppel Corp. (BN4.SG) said Thursday its unit has secured two contracts worth a total of S$146 million. As part of the first

  To learn more about marine airbags and their use for moving and launching large ships, we reached out to Song Tao of Qingdao Evergreen Shipping Supplies

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Tuesday its second-quarter net profit fell 15% from a year earlier because of a sharp

Out of the ashes of the once financially troubled Northrop Grumman Shipbuilding, Huntington Ingalls Industries charges ahead with the award of a $504M contract