John Fredriksen's Seadrill has placed orders for four ultra-deepwater drillships, to be built at Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI), with a total value of roughly $2.4bn.
Busan port is gearing up to be the maiden port of call for Maersk Line’s first Triple-E containership the Maersk McKinney-Moller.
Petronas has cut steel for the hull of its first floating liquefied natural gas (FLNG) facility at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in Okpo, South Korea.
Bulbous bow refits can pay for themselves through reductions in fuel costs in as little as a year, DNV announced yesterday at Nor-Shipping.
Scorpio Tankers' ordering spree has come to an end with a final flurry of 16 newbuilding orders at Korean yards.