Oil Trader Vitol Places LPG Ship Order at Hyundai Heavy
SEOUL, July 30 (Reuters) – South Korea’s Hyundai Heavy Industries Co has won a contract worth up to $600 million from Vitol, the world’s
SEOUL, July 30 (Reuters) – South Korea’s Hyundai Heavy Industries Co has won a contract worth up to $600 million from Vitol, the world’s
By Brenda Goh SHANGHAI, July 25 (Reuters) – European shipbuilders’ dominance in the $117 billion passengership industry may come under threat as
By Jason Scott (Bloomberg) Australia wants more from its $68 billion investment in new ships and submarines than just a more capable navy. With final
By Kyunghee Park (Bloomberg) — The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South
SINGAPORE, April 20 (Reuters) – Singapore’s Keppel Corp posted its first year-on-year rise in quarterly profits since early 2015, helped by
South Korea’s Hyundai Merchant Marine (HMM) has singed a letter of intent (LOI) with Daewoo Shipbuilding & Marine Engineering (DSME) for the
Japanese shipbuilder Mitsubishi Heavy Industries (MHI) says it has reached basic agreements with other domestic shipbuilders on forming alliances in the
By Kyunghee Park and Jung Park (Bloomberg) — Last August, the Korea Development Bank left cash-strapped Hanjin Shipping Co. adrift at sea —
General Dynamics NASSCO has delivered the third and final ship to be constructed for SEA-Vista LLC as part of a larger eight-ship ECO Class tanker program. In
COLOMBO, March 1 (Reuters) – Sri Lanka’s cabinet has approved the awarding of a $180 million deal for three offshore patrol vessels for the
SINGAPORE, March 1 (Reuters) – China’s Yangzijiang Shipbuilding Holdings Ltd plans to cut another 10 percent of its workforce in 2017, its
By Mike Wackett (The Loadstar) – Container lines should follow the example of Maersk Line and negotiate deferring new vessel deliveries. Analyst Drewry
By Alessandra Migliaccio and Tommaso Ebhardt (Bloomberg) — Italian shipbuilder Fincantieri SpA is expected to sign a binding contract to build cruise
By Emmanuel Jarry PARIS, Jan 4 (Reuters) – A leading French minister expressed support on Wednesday for a bid by Italy’s Fincantieri’s for
By Jung Park (Bloomberg) — As if investors in Asia’s troubled corporate bond markets don’t have enough to worry about, concern is mounting about
SAO PAULO, Dec 16 (Reuters) – Ecovix Engevix Construções Oceánicas SA and five subsidiaries have filed for bankruptcy protection in a federal
The U.S. shipbuilding industry is ready to work with Donald Trump to help realize his goal of a 350-ship Navy, the Shipbuilders Council of America (SCA)
SEOUL, Dec 10 (Reuters) – South Korean shipbuilder Hyundai Heavy Industries Co Ltd received a $650 million order to build 10 ships for Iran’s
Philly Shipyard, Inc. (PSI) today delivered the American Endurance, the first of four next generation 50,000 dwt product tankers that it is building for
By Benjamin Katz (Bloomberg) — BAE Systems Plc’s Scottish dockyards should be excluded from the lead role on a new class of Royal Navy frigate in
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