shipbuilding

Orient Overseas Container Lines announced today the christening of two 13,208-TEU container ships, the M/V OOCL Brussels and the M/V NYK Helios, at a ceremony

Jan. 18 (Bloomberg) — The total number of new vessels joining the global fleet this year is expected to be as much as 220, about the same as 2012

ATHENS – DryShips Inc. (NASDAQ: DRYS) announced today the sale, via novation, of two of its 158,000 DWT suezmax dry bulk carriers, the Esperona and

China may unveil fresh steps to support the shipbuilding and aerospace industries, the state-run China Securities Journal reported Monday, citing unnamed

At least 45 of the largest dry-bulk vessels were re-sold in 2012 while being built at shipyards because delays led to cancellations or the original orderer

Hyundai Heavy Industries Co. and Samsung Heavy Industries Co., the world’s two biggest shipbuilders, forecast a jump in orders this year, helped by

Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries have secured three new contracts – worth a combined value of S$420 million (USD

ATHENS, GREECE – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced

MAN Diesel & Turbo announced today that Teekay LNG Partners (NYSE: TGP) has chosen their ME-GI dual-fuel, two-stroke, gas-injection engines for a pair of

Destined for the Gulf of Mexico, the deep-water semi-submersible crane & accommodation vessel Explorer Lifter was delivered today by Yantai CIMC Raffles

COSCO Nangtong and Qidong Shipyards won a USD $370 million FPSO newbuild order yesterday from Dana Petroleum to build a Sevan FPSO for the Western Isles

Rickmers-Linie announced today their plans to build a pair of 20,000 DWT multi-purpose break bulk vessels at Hudong-Zhonghua Shipbuilding in China.  Scheduled

Mitsubishi Heavy Industries (MHI) announced today that construction has commenced on the first ship in their Sayaendo series of new-generation LNG carriers.

TOKYO–JFE Holdings Inc. (5411.TO) and IHI Corp. (7013.TO) on Tuesday said they will proceed with a Jan. 1 merger of their shipbuilding operations,

Drewry Maritime Research’s latest Annual World Shipbuilding Market Review and Forecast highlights the bleak prospects that are facing the world’s

By Sanjeev Rana, Deutsche Bank  Global Shipbuilding Downturn Continues Global shipbuilding industry has been going through a downturn for the last four

LONDON–U.K. defense company BAE Systems PLC (BA.LN) will likely close one of its shipyards, with a decision expected before Christmas, the Sunday

Damen Shipyards Group and Wilson Sons announced today they have signed a contract for ten Damen ASD Tugs 2411 and two ASD Tugs of the new 3212-type, destined

German shipyard Flensburger Schiffbau-Gesellschaft (FSG) announced this morning they have successfully launched the second of two identical RoRo freight ferry

(Bloomberg) — Prices for new ships have fallen to an eight-year low as shipyards sacrifice margins to win orders. Hyundai Heavy Industries Co., the