shipbuilding

By Christopher Jasper (Bloomberg) London based Babcock International Group said it’s in discussions with five countries on three continents regarding orders

by John Konrad (gCaptain) Monday, the UK announced it canceled Boris Johnson’s National Flagship project. The flagship was an elegant yacht intended to

With billions of dollars in new contracts why are US shipyard valuations hitting record

Containership leasing company Seaspan Corporation has voided contracts for four LNG-powered containerships on order “due to certain conditions” not

By Joyce Lee and Florence Tan SEOUL, June 2 (Reuters) – Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled

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

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

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