Hyundai Mipo Dockyard has been awarded a KRW 198.1 billion (USD 186.4 million) contract to build 5 product tankers according to an exchange filing today.
The other party to the contract is an undisclosed European shipowner and the vessels are scheduled for delivery by 2H 2016.
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Davie Defense Inc., the newest entrant to the American shipbuilding sector, has revealed detailed plans for a $1 billion overhaul of the historic Gulf Copper shipyard in Galveston, Texas, aiming...
The U.S. Coast Guard has exercised a contract option with Bollinger Shipyards of Lockport, Louisiana, for the construction of 10 additional Fast Response Cutters (FRCs), valued at $507 million. The...
A U.S. State Department spokesperson expressed concern on Wednesday over Spain's measures limiting access to Spanish ports and airspace to ships and planes carrying weapons for Israel.
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