Hyundai Heavy Lands $650 Million Ship Order from Iran -Yonhap
SEOUL, Dec 10 (Reuters) – South Korean shipbuilder Hyundai Heavy Industries Co Ltd received a $650 million order to build 10 ships for Iran’s
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
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
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