China’s Yangzijiang Wins $510 Million Ship Order Amid Weak Demand
By Kyunghee Park (Bloomberg) — Yangzijiang Shipbuilding Holdings Ltd., China’s biggest private shipbuilder, won a $510 million order to build six very
By Kyunghee Park (Bloomberg) — Yangzijiang Shipbuilding Holdings Ltd., China’s biggest private shipbuilder, won a $510 million order to build six very
A big weekend for the world’s largest cruise company as Carnival Corporation finalizes contracts with Italian shipbuilder Fincantieri to build five
Svitzer selected Damen Shipyards to provide four ATD 2412 tugs as part of its ongoing fleet renewal program. The four new tugs are of Damen’s 24-metre
Mitsubishi Heavy Industries (MHI) announced that it has delivered the fuel-efficient AIDAprima cruise ship to AIDA Cruises at a ceremony held at Nagasaki
Rolls-Royce will supply a liquefied natural gas (LNG) propulsion package for a cargo vessel, which will deliver fish food on behalf of BioMar Group. A $6.5
Incat Crowther said it received a contract to design a 20m catamaran passenger ferry, taking tourists in search of monster Nessie in the waters of Loch Ness in
A new report by NGO Shipbreaking Platform reveals that more than 60% of 768 ships sold for scrap last year were broken on the beaches of India, Pakistan
Jensen Maritime has been selected to design two new escort/rescue tugboats for McAllister Towing. The boats, to be named Brian A. McAllister and the
Vard Marine will design an Antarctic icebreaking vessel for the Chilean Navy. Operating throughout the Southern Ocean, the 125-meter long ship will provide
Philly Shipyard announced that it has started construction on the first product tanker in a four vessel order for American Petroleum Tankers (APT). The
Netherlands-based Vroon said it has taken delivery of VOS Primrose, a KCM-80m platform-supply vessel (PSV). VOS Primrose, which will be managed by Vroon
By Bloomberg News (Bloomberg) — New orders received by Chinese shipbuilders fell by nearly half last year from 2014, suggesting more consolidation is in
By Kyunghee Park and Jonathan Burgos (Bloomberg) — For many Asian shipyards, 2015 was a brutal year. This year could be even worse. With oil prices
By Foo Yun Chee BRUSSELS, Dec 17 (Reuters) – Europe’s second-highest court gave clearance on Thursday to a Spanish tax lease scheme in the
By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-biggest shipyard, rose the most in two months in
By David Fickling (Bloomberg View) — Things had been looking more hopeful for Korea’s three largest shipbuilders, until today. After seven
Offshore shipbuilder VARD says it has lands new contracts for the design and construction of two offshore subsea construction vessels for
SEOUL, Aug 10 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd said on Monday it would sell non-core assets,
The start of production has kicked off on a new generation LNG-powered fast ferry for the Estonian ferry company Tallink at the Meyer Turku Shipyard in
Jason Scott (Bloomberg) — Australia will build a new fleet of navy ships locally, safeguarding thousands of jobs and ensuring the future viability
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