shipbuilding

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

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