China’s Yangzijiang Shipbuilding Plans to Cut Another 10% of Workforce 2017
SINGAPORE, March 1 (Reuters) – China’s Yangzijiang Shipbuilding Holdings Ltd plans to cut another 10 percent of its workforce in 2017, its
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
LONDON, Nov 29 (Reuters) – Britain needs to speed up shipbuilding for the Royal Navy and spread work more widely across companies and shipyards to help
SEOUL, Nov 15 (Reuters) – South Korea’s Hyundai Heavy Industries is being split into four companies, with its non-shipbuilding businesses being
Samsung Heavy Industries has delivered the world’s first Very Large Ethane Carrier (VLEC) ‘Ethane Crystal’ to Reliance Industries, an Indian business
By Emmanuel Jarry PARIS, Nov 3 (Reuters) – The French government has told South Korea it will oppose any solution for shipbuilder STX France that is
By Kyunghee Park (Bloomberg) — South Korea’s shipbuilding industry — home to the world’s top three manufacturers — has eliminated
SINGAPORE, Oct 20 (Reuters) – Singaporean conglomerate Keppel Corp reported a 38 percent fall in its third-quarter profit as low oil prices resulted in a
By Jonathan Burgos, Angus Whitley and Kyunghee Park (Bloomberg) — Customers have dwindled by the week at Indian Masala Hut, a curry stall in
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs,
By Benjamin Kang Lim and Hyunjoo Jin SEOUL/BEIJING, Oct 12 (Reuters) – A little-known investment company said it intends to order up to 20 liquefied
A consortium made up of engineering firm HaskoningDHV UK and Hyundai Engineering & Construction has been selected to perform the Front-End Engineering
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up