Shipbuilding

Philly Shipyard aerial view. Photo: Philly Shipyard, Inc

Philly Shipyard to Build Four New Containerships

 Philly Shipyard announced that it has entered into a Letter of Intent (LOI) with a blue chip U.S. shipping operating company for the construction and sale of up to four new, cost-efficient and environmentally

Photo: University of Limerick, Ireland.

Europe to Build Ships of the Future

 A new European research project seeks to revolutionize the shipbuilding sector by replacing steel with composite materials for the construction of more efficient large length ships.   FIBRESHIP is

Photo: STX Offshore & Shipbuilding

STX Bags Orders for Six Tankers

 South Korea’s STX Offshore & Shipbuilding won contracts to build six tankers from Greece and local shippers, reports Korea JoongAng Daily.   STX announced that Greek shipper OceanGold Tankers placed an order for four medium-range tankers of 50,

Indian Prime Minister, Narendra Modi. Photo: PIB

India Government Sops for Ship-Repairing Facilities

 In order to promote ship building and ship-repair industry in India, the government has formulated a policy of financial assistance for shipbuilding for a period of ten years for contracts signed between 1st April, 2016 and 31st March, 2026.

Photo: Gulfstream Shipbuilding

DHS Custom Passenger Ferry Launched

Gulfstream Shipbuilding launched a custom passenger/vehicle ferry for the U.S. Department of Homeland Security (DHS) on July 12, 2017.  This 118 x 27 x 10.75 ft. crew boat-style vessel will be delivered

File Photo: Samsung Heavy Industries

Samsung Heavy to Cut Its Workforce

 South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce,  and have employees return part of their salaries in order to cut costs, according to Yonhap News Agency.

Photo:  China State Shipbuilding Corp

CSSC to Build Research Vessels

 China's government controlled China State Shipbuilding Corp (CSSC) is going beyond building navy vessels and making advanced scientific research ships, Xinhua reported.   CSSC has been focussing on defence sector till now.

File photo: Hyundai Heavy Industries

S. Korea's Top Three Shipyards Look Bullish

 With a slew of contracts to be signed soon  South Korean shipyards are expected to clinch a decent number of new orders during the second half of the year, Yonhap reported quoting  industry sources.  Hyundai

Her Excellency Leoni Cuelenaere, the Dutch Ambassador to Bangladesh (Photo: Damen)

Dredging Seminar Held in Bangladesh

On Tuesday, July 11, Damen hosted a dredging seminar in Dhaka, Bangladesh attended by more than 100 representatives from the Dutch Embassy in Bangladesh, experts from the Bangladesh Government, the Bangladesh Navy,

Following further developments in its design, Hrönn will now be a monohulled vessel of 37 m length, better suited for the intended operations. (Image: Bourbon/Automated Ships Ltd.)

BOURBON to Support World's First Autonomous OSV Project

BOURBON entered into a Memorandum of Understanding (MOU) with Automated Ships Ltd to support the building of the world’s first autonomous, fully-automated prototype vessel for offshore operations, in

Photo: OOCL

OOCL is 'The Perfect Bride' -Drewry

Orient Overseas International (OOIL) and its container unit OOCL have a good track record for above-average profits in a challenging market and a reputation for being a very well-run company, earning