shipbuilding


Monday, October 22, 2012
News

Kherson Shipyard Launches First-Ever Ukrainian Tanker

On October 19th, a launching ceremony of a RST27 Project Tanker Product-Carrier took place at Ukraine’s Kherson Shipyard (KSY), a division of Smart

October 22, 2012
Total Views: 148

Friday, October 19, 2012
Shipbuilding

Big Day for Canadian Shipbuilding

Seaspan Marine today broke ground on a $200 million re-development and facilities upgrade at its Vancouver Shipyard facility that will help the yard fulfill a

October 19, 2012
Total Views: 28

Thursday, October 18, 2012
News

High Overhead and Material Costs Cut Deep into Profits at Keppel Corp

SINGAPORE–Keppel Corp. (BN4.SG) Thursday said third-quarter net profit fell 14.7% from a year earlier as a rise in costs outpaced revenue growth. Net

October 18, 2012
Total Views: 64

Wednesday, October 10, 2012
Engineering News

Siem Offshore Orders Another Pair of Offshore Subsea Construction Vessels

STX OSV announced today that Norwegian offshore vessel owner, Siem Offshore has declared options for the design and construction of two additional Offshore

October 10, 2012
Total Views: 131

Monday, October 8, 2012
Finance

As European Cash Dries Up, Korean Shipyards Look at Local Financing Options

(Bloomberg) — Korea Finance Corp. has bid for its first plane-financing deal and started offering loans to shipbuilders as local companies look for new

October 8, 2012
Total Views: 25

Tuesday, October 2, 2012
Shipbuilding

Mitsubishi Heavy: We’re Not Buyin’ It

TOKYO — Mitsubishi Heavy Industries Ltd. dismissed a local newspaper report Wednesday that it aims to buy a controlling share in a shipbuilding unit of

October 2, 2012
Total Views: 24

Saturday, September 29, 2012
Engineering News

50 Supertankers? China, I’m Sorry, but I Don’t Believe You [OP/ED]

There are a few headlines going around today in some major publications and by the Associated Press claiming that China has announced plans to build 50

September 29, 2012
Total Views: 303

Friday, September 28, 2012
Engineering News

d’Amico International Orders Pair of “ECO Design” MR Product Tankers

d’Amico International Shipping S.A. (Borsa Italiana: DIS), has announced that its subsidiary d’Amico Tankers Ltd has signed a $66 million contract

September 28, 2012
Total Views: 75

Friday, September 21, 2012
Ship Design

Seatankers Opts For A Dozen X-BOW’s

Ulstein said Thursday that it has entered into a contract with China’s Sinopacific’s Zhejiang yard for the delivery of twelve design packages for a

September 21, 2012
Total Views: 90

Tuesday, September 18, 2012
Engineering News

Japanese Shipbuilders Unite! JFE Universal and IHI Marine Merger Delayed [UPDATE]

*Update* Although JFE Holdings, Inc. and IHI Corporation announced on August 27, 2012 that the management integration of their respective subsidiaries

September 18, 2012
Total Views: 144

News

COSCO Zhoushan Delivers Latest Handymax Bulker

COSCO Zhoushan Shipyard Co., a subsidiary of COSCO Corporation’s 51% owned COSCO Shipyard Group Co, announced the delivery of the Asian Triumph, 57,000

September 18, 2012
Total Views: 39

Friday, September 14, 2012
Engineering News

Nam Cheong Gains $59 Million Accommodation Work Barge Order from Petra Perdana

In early September, Nam Cheong Limited, Malaysia’s largest Offshore Support Vessel shipbuilder announced that it had won two contracts for the

September 14, 2012
Total Views: 190

Engineering News

Samsung Heavy Signs $230 Million Order for Norwegian Floating Storage Unit

Norwegian energy conglomerate Statoil signed a letter of intent yesterday with South Korean shipyard Samsung Heavy Industries for the construction of a new

September 14, 2012
Total Views: 53

Thursday, September 13, 2012
Defense

US Navy to Christen Austal-Built JHSV 2 Choctaw County

On Saturday, the US Navy will christen the Joint High Speed Vessel (JHSV) Choctaw County, named for three U.S. counties, located in Mississippi, Alabama and

September 13, 2012
Total Views: 117

News

Hyundai Heavy Wins $620 Million Drillship Order from Rowan

South Korea’s Hyundai Heavy Industries announced today it had secured a USD $620 million order to build a drillship for Houston-based drilling contractor

September 13, 2012
Total Views: 134

Tuesday, September 11, 2012
News

Chinese Yard Wins $200 Million Accommodation Rig Contract from New JV, Axis Offshore

COSCO Corporation announced today that their subsidiary, COSCO Qidong Offshore Co. Ltd., has secured a contract valued over USD $200 million from Axis

September 11, 2012
Total Views: 140

Sunday, September 2, 2012
Arabdrill 50
News

Get Jacked…Up!

Yet another successful launch for Keppel Corp in Singapore.  The offshore and marine giant set afloat the Mobile Offshore Self-Elevating Drilling Unit (SEDU)

September 2, 2012
Total Views: 48

Wednesday, August 29, 2012
Engineering News

Germany’s P+S Werften Files for Insolvency

German shipbuilder P+S Werften GmbH on Wednesday said it has filed for insolvency with the local court of Stralsund, Germany, after talks with creditors,

August 29, 2012
Total Views: 108

Engineering News

DSME 2Q Hit By Discounts

SEOUL–Daewoo Shipbuilding & Marine Engineering Co. (042660.SE) on Wednesday posted a 33% decline in its second-quarter net profit, due to earlier

August 29, 2012
Total Views: 13

News

Sembcorp Marine Secures $674 Million in Brazilian FPSO Contracts

Sembcorp Marine’s subsidiary Jurong do Brasil Prestacao de Services Ltda (JDB) announced today that they have secured a US$674 million contract for the

August 29, 2012
Total Views: 32