Largest Container Ships Help Hyundai Heavy Crack China
(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s
(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s
While in Singapore last month, I had the unique opportunity to tour Keppel FELS, one of the world’s most prolific and capable shipyards. Over the past
Hyundai Heavy Industries, the world’s largest shipbuilder (and also a leading industrial robot manufacturer), says it has developed miniature welding
In 2010, Teekay and their JV partner paid just under $100 million to order a newbuild VLCC, but since then quite a bit has changed in the crude tanker
MEXICO CITY, May 1 (Reuters) – Mexico’s Pemex on Wednesday said it is seeking to take a controlling stake in a Spanish shipyard with a view to
Huntington Ingalls Industries (NYSE:HII) announced today they have been awarded a $487 million contract to build the sixth National Security Cutter (NSC) for
In a stock exchange filing today, 6 Hong Kong-based investment holding companies jointly owned by Sinopec Kantons, China Shipping Development, and Mitsui
Tsakos Energy Navigation Limited (NYSE: TNP) took delivery today of its second fully-coated DP2 suezmax shuttle product tanker, Brasil 2014, from Sungdong
Piraeus-based tanker owner, Navios Maritime Acquisition Corporation (NYSE: NNA) announced the delivery today of the Nave Atropos, a 74,695 dwt LR1 product
There are currently 94 LNG carrier new builds on order. Here’s where they are being built, and who’s buying them. Data via: Petroleum
(Bloomberg) — Mitsui Engineering & Shipbuilding Co. surged to 5 1/2-year high on a Nikkei report it plans to hold merger talks with Kawasaki Heavy
(Bloomberg) — Greek ship owners, who control more vessels than those of any other country, are buying the most iron-ore carriers since before the global
It’s been a good couple days for Samsung Heavy Industries. After winning an order for two LNG carriers yesterday, they have just announced another big
Samsung Heavy Industries added another 462.3 billion won ($409.38 million) to their backlog today with the order of a pair of LNG carriers for a Joint
Kyunghee Park (Bloomberg) — STX Offshore & Shipbuilding Co., a South Korean yard that is undergoing debt rescheduling, led a decline among shipyards
SEOUL, April 4 (Reuters) – Samsung Heavy Industries said on Thursday it won a 1 trillion won ($895 million) order to build four liquefied natural gas
(Bloomberg) — Japanese shipbuilders may post losses next fiscal year as the yen’s weakening fails to mitigate the impact of a global supply glut
Vancouver-based naval architects, Robert Allan Ltd. report today that two of their new ART 80-32 class Rotor tugs are to be built by the Damen Shipyards group
This timelapse video comes to us via Vigor Industrial, which is building Washington State’s new 144-car ferries at their Seattle shipyard. On March 5,
Knightsbridge Tankers announced today signed contracts for a pair of 182,000 DWT Capesize bulk carriers new-builds from Japan Marine United Corporation (JMU).
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