South Korea’s ‘Big Three’ Shipbuilders Post Record Loss as Offshore Downturn Bites
By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating
By Rose Kim and Jungah Lee (Bloomberg) — The world’s three biggest shipbuilders posted a combined 4.8 trillion won ($4.1 billion) in operating
By Rose Kim, Jungah Lee and Michael S. Arnold (Bloomberg) — The deep-ocean strategy is coming back to bite South Korean shipyards. Hyundai Heavy
By Michael S. Arnold (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, rose by the most in
Maersk Line, the world’s largest container shipping company, announced Wednesday the signing of a newbuild contract with South Korea’s
Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping companies seek ways to cut
The onboard Diesel Generators for Britain's new 65,000 tonne supercarrier, HMS Queen Elizabeth, were fired up for the first, marking a significant stage in the
South Korea’s Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, announced a new milestone Tuesday with the recent delivery
A big milestone for a record build at the Ulstein Verft shipyard in Norway. Last month, the prefabricated aft section of newbuild Yno 302 arrived at the yard
With a length of 1,305 ft. (398m), a width of 177 ft. (54m) and the capacity to carry 17,722 twenty-foot containers, the CMA CGM KERGUELEN is CMA CGM Group’s
Tokyo-based Mitsui O.S.K. Lines (MOL) says it has signed a newbuilding contract for what the company describes as next generation car carriers. The contract
Amidst a crazy windstorm this week that briefly grounded a Maersk containership and delayed flights all along the coast of the North Sea, I had the
Australia’s military shipbuilding industry needs to cut costs and become more productive to win contracts as the government seeks to buy 40 ships and
Russia’s Deputy Prime Minister Dmitry Rogozin paid a visit to Baltic Shipyard (Baltiysky Zavod) today to witness the progress being made on two nuclear
British shipyard Cammell Laird announced today the award of a multi-million pound new-build ferry contract from the Northern Ireland Executive. The Birkenhead
Celebrity Cruises, a brand of the second largest cruise company Royal Caribbean, has signed a Letter of Intent with shipbuilder STX France for the construction
Early last month, the SS John W. Brown, one of two remaining fully operational WWII Liberty Ships, arrived at the Colonna’s Shipyard in Norfolk, VA
Mexico’s state-controlled Exportadora de Sal SA (ESSA), one of the world’s largest salt exporters with a 10-million-ton annual production, has ordered
Seaspan Ferries Corporation, a unit of Vancouver-based Seaspan Marine Corporation, says it has awarded a contract to Sedef Shipyard of Istanbul, Turkey for the
Damen Shipyards says it has inked a contract with Monaco-based Compagnie Maritime Monégasque SAM for the construction of five Fast Oil Spill Response Vessels
Deepocean’s new subsea support vessel MV Deep Helder was launched earlier this year at the De Hoop Lobith shipyard in Foxhol, the Netherlands. According
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