With the apparent backing of the US Navy’s 6th Fleet, Greece’s shipyard sector received several boosts this month when US-backed Onex Group signed an agreement “in principle” to take over the management of debt-laden Elefsis Shipyard, Greece’s...
Silverstream Technologies has won orders for its air lubrication system to be installed on eight LNG carrier newbuildings being built at Korean yards for charters to Shell.
Damen Schelde Naval Shipbuilding’s (DSNS) and the project partners have unveiled the recently assembled full scale composite ship’s hull section they have been developing these past three years, with the Realisation and Demonstration of Advanced...
MAN Energy Solutions (ES) is to lay off nearly 4,000 staff as the company aims to cut EUR450m in costs and ride out the impact of the Covid-19 pandemic.
During the first six months of this year both the shipbuilding volume and the orders in hand of Chinese yards declined.
Panama’s Balboa Shipyard, located on the Pacific side of the Panama Canal, has reopened provisionally under the administration of the Panama Maritime Authority (AMP) until an international tender for the concession of the shipyard is called early...
China’s New Dayang Shipbuilding has received orders for four bulk carriers from compatriots Zhejiang Shipping Group and Fujian Shishi Dingsheng Shipping.
The Damen Shipyards Group has sold a full option Cutter Suction Dredger (CSD) 500 to the Argentinian dredging contractor Servimagnus.
Sembcorp Marine has reported a first half loss of SGD192m ($138m) as the group implemented pay cuts to preserve cash and prepares for losses to continue into the foreseeable quarters.