Keppel and Sembcorp Shares Rally Ahead of Merger Deadline
By Ishika Mookerjee and Kyunghee Park (Bloomberg) — The deadline for a transformative deal between Keppel Corp. and Sembcorp Marine Ltd. is just
By Ishika Mookerjee and Kyunghee Park (Bloomberg) — The deadline for a transformative deal between Keppel Corp. and Sembcorp Marine Ltd. is just
By Tony Capaccio (Bloomberg) The U.S. Navy’s troubled fleet of Littoral Combat Ships has “not yet demonstrated the operational capabilities it needs to
TOKYO, Dec 9 (Reuters) – Japan’s Kawasaki Heavy Industries said on Thursday it aims to achieve carbon neutrality in its domestic
South Korean shipbuilder Hanjin Heavy Industries & Construction has announced its first commercial shipbuilding order in six years with an order for four
By Paul Wallace(Bloomberg) –Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese
By Elizabeth Low (Bloomberg) Shipowners and financiers should avoid sinking money into new container vessels despite a global crunch because record orders have
Norwegian shipbuilder Vard has signed contracts for the design and construction of two Construction Service Operations (CSV) vessels for Rem Offshore, also of
Chinese shipbuilder CIMC Raffles has received an engineering, procurement and construction (EPC) contract for up to six low emission LNG-powered car carriers
The U.S. government’s first official study on the economic impact of the nation’s marine economy shows that marine-related sectors contributed
By Elizabeth Low and Jack Wittels (Bloomberg) — Ship owners facing looming deadlines to use less-polluting fuels have slashed the number of new vessels
Japan-based shipping line Ocean Network Express has announced plans for the long-term charter of the world’s largest containerships. The company has
Norwegian shipbuilder Havyard has announced plans ditch newbuilds and focus its operations on ship repair and service. Unfortunately, this will lead to
Italian shipbuilding group Fincantieri has landed a cooperation agreement with the leading shipbuilder in India to help modernize the country’s defense
By Jeannette Neumann (Bloomberg) — Spanish shipbuilder Navantia is stepping up its bet on offshore wind energy, a venture that stands to benefit from the
By Krystal Chia and Annie Lee There’s hardly anyone buying new ships, with orders plunging to a 20-year low due to a potent combination of uncertainty over
SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order
State-owned Qatar Petroleum has entered into shipbuilding agreements with South Korea’s “Big 3” shipyards for the construction of up to 100 LNG carriers
BRUSSELS, Feb 10 (Reuters) – Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding
Croatian industrial group DIV Group has agreed to purchase Norwegian shipyard Kleven Verft from Hurtigruten. DIV Group is owner of Brodosplit, the largest
By Foo Yun Chee BRUSSELS, Dec 17 (Reuters) – World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with
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