shipbuilding

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

Rigs of all shapes and sizes under various states of repair and construction can be found in Singapore, home of Keppel FELS, Sembcorp, ASL, and Damen

International environmental regulations for the shipping industry are being tightened and demanding a reduction of the emissions of sulphur and nitrous oxide.

SINGAPORE (Dow Jones)–Cosco Corp. (Singapore) Ltd. (F83.SG) said Tuesday its first-quarter net profit fell 25% from a year earlier, mainly due to lower

SINGAPORE (Dow Jones)–Singapore-listed Sembcorp Marine Ltd. (S51.SG) said Tuesday its unit has secured a rig building contract worth US$208 million from

To benefit from the current strong demand for high specification drilling units Seadrill announced today that it has entered into a turnkey construction

SEOUL (Dow Jones)–Hyundai Heavy Industries Co. (009540.SE), the world’s largest shipbuilder by sales, said Thursday first-quarter net profit

Lamprell announced today the receipt of a USD $227 million contract award from an international drilling contractor for the construction of a jackup drilling

Hamilton, Bermuda – Seadrill continues to see strong demand for modern ultra-deepwater drilling rigs driven by high oil prices and large deep-water

USNS Spearhead (JHSV 1), the innovative high-speed catamaran transport ship under construction by shipbuilder Austal in Mobile, Alabama, successfully completed

Rig builder Lamprell announced today the receipt of a $333 million order for two, Super 116E (Enhanced) Class jackups from Abu Dhabi’s National Drilling

Destined for the Norwegian North Sea, a new semisubmersible is delivered from Yantai CIMC Raffles Shipyard. COSLPromoter, the third semi-submersible drilling

Newbuild orders for subsea construction and supply vessels have been placed today by Norwegian shipowners Rem Offshore and Island Offshore. Having built a