Shipbuilding slump such as new order drought and existing order cancellations could last as much as 10 years, according to a South Korean analyst. Especially, small and midsize shipbuilders could face closure…

Fincantieri Marine Group, which operates Marinette Marine Corp. and Bay Shipbuilding Co. in the USA, is closely watching federal legislation introduced last week seeking construction of a new Great Lakes icebreaker. "We…

Chittagong Port Authority (CPA) has said it would allow shipbuilding yards in the upstream of the Karnaphuli river. But shipbuilders say CPA's policy would 'stunt' the growth of the emerging industry. CPA…

After almost six months during which almost no new building orders have been placed, shipyards around the world and especially in the two biggest shipbuilding nations of South Korea and China are…

Fincantieri is holding last-ditch talks with Italy's three main metalworking unions in the hope of agreeing a deal on a new labour contract. Talks have been going on for months, with the…

The merger of Noble Denton and Germanischer Lloyd forms a fully integrated technical assurance and consulting company to serve the worldwide energy industries. The new entity will provide assurance, inspection, and consulting…

Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea recently held a naming ceremony for the world's largest 14,000 TEU containership. The ship, named ?MSC DANIT', has a length of 365.5m, width…

A Philippine ship builder is investing P250 million for a new facility in Maasim to take advantage of growing transportation demand in the region. Gensan Shipyard and Marine Works, Inc., a subsidiary…

The Danish shipping company Clipper Group, which had a construction program of 60 new ships, says it will not have to take a large proportion of the ships which would have been…

Following the earlier announcements that Arrow Seismic Invest II Ltd, a subsidiary of Petroleum Geo-Services ASA (PGS), had terminated the shipbuilding contract with the Spanish shipbuilder Factorias Vulcano, the Norwegian offshore company…