TUI Cruises announced today the order for two new ships from STX Europe’s shipyard in Turku, Finland. The ships will be sister vessels of two other ships ordered in 2012,...

French President Francois Hollande said he’s prepared to cancel the sale of a second Mistral helicopter carrier ship to Russia if the European Union decides to expand its sanctions against Russia.

Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the Finnish economy ministry said on Monday.