chinese shipbuilding

China CSSC Holdings Ltd. (600150.SH), the listed arm of China’s largest shipbuilder, said Saturday its profit likely shrank by 95% to 100% year on year

Keppel Corp., the world’s biggest oil-rig builder, may consider buying a yard in China as the nation boosts offshore drilling to meet rising energy

SHANGHAI–A Chinese shipbuilding magnate stepped down as chairman of two companies, weeks after an investment firm he controls paid US$14.2 million to

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. said a new offshore-energy equipment unit may generate 50 percent of its orders over

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

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

China’s 21st Century Business Herald newspaper reported today that China has placed a massive $4.5 billion order for 50 VLCCs in an effort to stimulate

SHANGHAI—One of China’s largest shipbuilders said Wednesday that it canceled eight shipbuilding contracts during the second quarter because