shipbuilding

PARIS, Oct 10 (Reuters) – The French government said on Monday it was not planning to take a majority stake in the French subsidiary of struggling South

By Chris Cooper (Bloomberg) — Shares of Kawasaki Heavy Industries Ltd. plunged the most in eight years after the company cut its full-year profit

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, was told to improve its

(BIMCO) – The shipyards become the next victim of the deteriorating conditions in the dry bulk, container and offshore markets as 2016 looks to set the

PARIS, Sept 8 (Reuters) – Dutch group Damen shipyards and Italian group Fincantieri are the two potential buyers that have emerged for STX France, a

Europe’s newest mega-cruise ship builder MV Werften says it has signed of Letter of Intent to build two Polar-class luxury expedition vessels for Crystal

SINGAPORE, Aug 26 (Reuters) – Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent

By Joyce Lee (Reuters)  South Korea’s Samsung Heavy Industries Co Ltd said on Friday its board of directors have approved a plan to raise about 1.1

Norwegian shipbuilder VARD has confirmed the order for four expedition-style cruise ships for French luxury cruise company PONANT. The shipbuilding contracts

By Nicholas Brautlecht (Bloomberg) — The call of the Caribbean is proving irresistible for Germany’s KfW IPEX, the development bank that funds the

by Kyunghee Park (Bloomberg) Samsung Heavy Industries Co., the world’s third-largest shipbuilder, reported a quarterly loss that was bigger than estimates as

By Christopher Langner (Bloomberg) — Now, the ship really has sailed. After kicking the can down the waterway for a few years, Korean banks will have to

By Kyunghee Park (Bloomberg) — The world’s three biggest shipyards, battered by the deepest industry slump in at least two decades, are getting a

By Joyce Lee GEOJE, South Korea, June 1 (Reuters) – Geoje Island, off the southeastern tip of the Korean peninsula, appears as prosperous as ever:

By Kyunghee Park (Bloomberg) — South Korean shipbuilder STX Offshore & Shipbuilding Co. filed for court protection, the latest trouble to surface in

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipbuilder, posted a first-quarter loss

ULSTEIN has designed an innovative new cable lay vessel capable of carrying 12,500 tonnes of power cable that can be laid as one single piece. The vessel,

Japan Marine United Corp. recently delivered the 14,000 TEU container ship NYK Blue Jay to shipping company Nippon Yusen Kaisha (NYK). The vessel, which

By Ma Jie (Bloomberg) — Chinese shipbuilders are under so much financial strain that one of them is literally being turned into a parking lot. China

By Kyunghee Park (Bloomberg) — Yangzijiang Shipbuilding Holdings Ltd., China’s biggest private shipbuilder, won a $510 million order to build six very