shipbuilding

STX OSV announced today that they have secured a contract for the design and construction of a large, advanced Offshore Subsea Construction Vessel (OSCV)

– by Matthew Flynn, DNV [dropcap]W[/dropcap]e have the best Korean technology and also the mentality of the Korean approach. We can do. We will

Norwegian shipowner, GC Rieber Shipping annouced today they have awarded a newbuild contract to ULSTEIN for the delivery of a high capacity subsea

PASCAGOULA, Miss. – The U.S. Navy today awarded Huntington Ingalls Industries (NYSE:HII) a $2.38 billion fixed-price-incentive contract for the design

Fairstar Heavy Transport N.V. (FAIR) announced today that they have taken delivery of the FORTE, a 216 meter long, 48,000 DWT, DNV-classed heavy lift transport

Maersk Drilling announced today the ordering of a new ultra harsh, high specification jack-up rig at Keppel FELS in Singapore backed by a four-year-contract

SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday the Singapore High Court has issued an unfavorable judgment on its lawsuit against PPL

Tromsø-based shipowner, Troms Offshore Supply announced the receipt of a newbuild offshore supply boat delivered by STX Søviknes shipyard in Norway

As Qatar ramps up its exports of LNG, Qatar Gas Transport Company (Nakilat) has built one of the largest LNG fleets in the world. Nakilat

(Dow Jones) Japan infrastructure minister Takeshi Maeda and Brazil industry minister Fernando Pimentel signed a memorandum of understanding in Tokyo on Tuesday

RIO DE JANEIRO (Dow Jones)–The transportation arm of Brazilian state-owned energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, has

Damen Shipyards Group announced today that they have taken over the shares of Swedish ship repair and maintenance yard Oskarshamnsvarvet in Oskarshamn. The

Fred Olsen Energy ASA announced today that one of their wholly owned subsidiaries has entered into a turnkey, $700 million contract with Hyundai Heavy

STX Offshore and Shipbuilding announced this week a signed $120 million Letter of Intent (LOI) with an unnamed Greek owner to build two 6,500-CBM LPG vessels

Damen Shipyards has launched the first of its newly designed Stan Pontoon (SPo) 12032 which is the longest pontoon they’ve ever built, and part of a

China Rongsheng Heavy Industries this week christened the first two 380,000 DWT Very Large Ore Carriers (VLOCs) built for Oman Shipping Company, as well as

COSCO Corporation (Singapore) Limited announced today that their subsidiaries, COSCO Shipyard Group Co., have delivered three bulk carriers to Asian buyers

– By Neville Smith Current high fuel prices and progressive regulation are acting as a two-prong driver for greater energy efficiency among shipowners.

Rolls-Royce and Istanbul Shipyard will be working together following their announcement today of an award by the Turkish Navy for three new ships.  Istanbul

– By Neville Smith Like their shipbuilding and shipowning clients, classification societies are contending with tough market conditions and an uncertain