Industry Sectors:Shipbuilding & Shipyards
Shipbuilding & Shipyards
China’s ailing shipbuilding sector has seen a near one-third year-on-year decline in newbuilding orders over the first half of this year, leaving work-hungry Chinese yards still struggling to stay afloat…
Keppel Offshore & Marine (Keppel O&M) has revealed the sale price of Keppel Verolme yard in the Netherlands to Damen Shipyards as EUR23.5m ($27m).
Finland’s maritime software provider NAPA and Japan’s maritime software engineering firm NTT Data Engineering Systems (NDES) have announced a cooperation on system collaboration and engineering service business for shipbuilding.
Embattled Malaysian offshore vessels builder Nam Cheong has decided to temporarily cease repayment on all borrowings as the company is reviewing its options to restructure its businesses and operations.
Ailing South Korean shipbuilders going through a rough patch of debt restructuring are slowly getting back on their feet, as they recorded a rise in new orders in the first…
China’s Cosco (Nantong) Shipyard and KS Drilling have agreed to further delay the delivery of a jack-up drilling rig in view of the protracted market slump.