shipbuilding

Shipbuilding news and shipyard orders – yard capacity, delivery timelines, construction pricing, orderbook trends by type, and newbuild contract awards.

Thursday, November 3, 2016
stx france
News

France to Defend Interests in Sale of STX Shipyards

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

November 3, 2016
Total Views: 39

Tuesday, October 25, 2016
hyundai heavy shipyard
Shipping News

After 20,000 Job Cuts, World’s Biggest Shipyards Brace for Even More

By Kyunghee Park (Bloomberg) — South Korea’s shipbuilding industry — home to the world’s top three manufacturers — has eliminated

October 25, 2016
Total Views: 117

Thursday, October 20, 2016
Jackup rigs under construction at the Keppel FELS shipyard in Singapore.
News

Keppel Profit Hit by Weak Rig Orders

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

October 20, 2016
Total Views: 81

Tuesday, October 18, 2016
keppel shipyard
News

Singapore’s $24 Billion Wipeout Eats Into City’s Shipyard Base

By Jonathan Burgos, Angus Whitley and Kyunghee Park (Bloomberg) — Customers have dwindled by the week at Indian Masala Hut, a curry stall in

October 18, 2016
Total Views: 90

Wednesday, October 12, 2016
DSME Shipyard South Korea
Shipping News

DSME to Cut 24% of Workforce Amid Mounting Losses

By Kyunghee Park (Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder, plans to eliminate 3,000 jobs,

October 12, 2016
Total Views: 71

DSME shipyard
News

South Korean Shipbuilders Eyed for LNG Carrier Deal Worth $3.8 Billion

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

October 12, 2016
Total Views: 63

Tuesday, October 11, 2016
Consortium Awarded Design Contract for Large Maritime Yard in Saudi Arabia
News

Consortium Awarded Design Contract for Large Maritime Yard in Saudi Arabia

A consortium made up of engineering firm HaskoningDHV UK and Hyundai Engineering & Construction has been selected to perform the Front-End Engineering

October 11, 2016
Total Views: 157

Monday, October 10, 2016
France Vows to Keep Stake in Struggling STX Shipyard
News

France Vows to Keep Stake in Struggling STX Shipyard

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

October 10, 2016
Total Views: 37

Monday, October 3, 2016
Kawasaki Heavy Industries shipyard
News

Kawasaki Heavy Industries Tumbles Most in Eight Years on Outlook

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

October 3, 2016
Total Views: 84

Thursday, September 29, 2016
DSME shipyard
News

Korean Exchange Tells World’s No. 2 Shipbuilder to Improve Financials Or Else

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

September 29, 2016
Total Views: 78

Tuesday, September 13, 2016
BIMCO: New Ship Orders at Lowest in 20 Years
News

BIMCO: New Ship Orders at Lowest in 20 Years

(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

September 13, 2016
Total Views: 117

Thursday, September 8, 2016
Shipbuilding Groups Damen, Fincantieri in Running for STX France -Report
News

Shipbuilding Groups Damen, Fincantieri in Running for STX France -Report

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

September 8, 2016
Total Views: 55

Friday, August 26, 2016
MV Werften Stralsund
Cruise Ships

New MV Werften to Build Two Polar Expedition Ships

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

August 26, 2016
Total Views: 163

Bulker under construction at Yangzijiang Shipbuilding in China
News

Chinese Shipbuilder to Cut 2,000 More Jobs Amid Ordering Slump

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

August 26, 2016
Total Views: 29

Friday, August 19, 2016
samsung-heavy-drillship-construction
Shipbuilding

Samsung Heavy Raises Nearly $1 Billion

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

August 19, 2016
Total Views: 58

Friday, August 12, 2016
VARD Confirms Expedition Cruise Ship Order
News

VARD Confirms Expedition Cruise Ship Order

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

August 12, 2016
Total Views: 64

Wednesday, August 3, 2016
Cruise Ships a Beacon for Germany’s KfW in Dire Shipping Market
News

Cruise Ships a Beacon for Germany’s KfW in Dire Shipping Market

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

August 3, 2016
Total Views: 169

Friday, July 29, 2016
samsung-heavy-drillship-construction
Shipbuilding

Samsung Heavy Stock Down On Heavy Loss

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

July 29, 2016
Total Views: 69

Wednesday, June 15, 2016
DSME Shipyard South Korea
News

Korean Banks Holed Below the Waterline by Shipping Debt

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

June 15, 2016
Total Views: 33

Thursday, June 9, 2016
hyundai heavy industries shipbuilding
News

Battered Korean Yards Battle Slump With State-Led Overhaul

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

June 9, 2016
Total Views: 38