shipbuilding

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

SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order

State-owned Qatar Petroleum has entered into shipbuilding agreements with South Korea’s “Big 3” shipyards for the construction of up to 100 LNG carriers

BRUSSELS, Feb 10 (Reuters) – Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding

Croatian industrial group DIV Group has agreed to purchase Norwegian shipyard Kleven Verft from Hurtigruten. DIV Group is owner of Brodosplit, the largest

By Foo Yun Chee BRUSSELS, Dec 17 (Reuters) – World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with

SHANGHAI, Nov 26 (Reuters) – China on Tuesday formally established China Shipbuilding Group, which the country’s government-run broadcaster

By Foo Yun Chee BRUSSELS, Oct 30 (Reuters) – Italy’s bid to create a European industrial champion in the shipbuilding industry faces difficulty

Global investment firm The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management today announced they have closed on their acquisition

By Alistair Smout LONDON, Sept 12 (Reuters) – Babcock International won a contract to design new Type 31 frigates on Thursday as Britain seeks to revive

General Dynamics NASSCO has been awarded a contract to build up to three more Expeditionary Sea Base ships for the U.S. Navy. The contract, announced Friday by

By Yoojung Lee (Bloomberg) — Park Jin-ok was one of the first to take voluntary retirement at Hyundai Heavy Industries Co. after working as a welder for

U.S. shipbuilder Philly Shipyard has started work on its first government contract, kicking off short-term repair work on the U.S. Department of Transportation

By Ian Graham BELFAST, Aug 5 (Reuters) – Harland and Wolff, the Belfast shipyard that built the Titanic, was put into administration on Monday after