DSME Gets $3.7 Billion Bailout
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipyard, rose the most in two months in
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipyard, rose the most in two months in
By David Fickling (Bloomberg View) — Things had been looking more hopeful for Korea’s three largest shipbuilders, until today. After seven
Offshore shipbuilder VARD says it has lands new contracts for the design and construction of two offshore subsea construction vessels for
SEOUL, Aug 10 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd said on Monday it would sell non-core assets,
The start of production has kicked off on a new generation LNG-powered fast ferry for the Estonian ferry company Tallink at the Meyer Turku Shipyard in
Jason Scott (Bloomberg) — Australia will build a new fleet of navy ships locally, safeguarding thousands of jobs and ensuring the future viability
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
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