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Shipbuilding

Korean Shipbuilders' Unsold Newbuilds

Korea's leading shipbuilders post declining profits in second quarter 2012, as well as a growing inventory of unsold vessels. Shipbuilders here have put unsold ships up for resale at below-market prices but are…

Contracts

Canada's Fednav Orders Six New Great Lakers

Fednav Limited announce contracts with Japanese shipbuilders Oshima Shipyard. The environmentally advanced vessels will be built in Japan and are destined to become the flagships of Fednav's fleet of over 80 ships. The…

Shipbuilding

Yangtze River Delta Shipbuilders Floundering

China's Ministry of Industry and Information Technology reports that orders in first half 2012 are down by 50.3% year-on-year. The volume of handling orders was a mere 125.87 million DWT by the end of June, down 30.7…

Shipbuilding

Hamburg Süd Christen Container Ship

Hamburg Süd celebrate the christening of container ship “Santa Barbara” at the Yantian International Container Terminal (YICT) in Shenzhen, China. The “Santa Barbara” was the last of a total of ten new buildings of the…

Contracts

Deepwater Semi-submersible Rig Ordered by Diamond

A Diamond Offshore Drilling subsidiary contracts with Jurong Shipyard, Singapore for a moored semi-submersible rig. Total cost for the project is expected to be approximately US$ 370-million, including commissioning…

Contracts

Alabama Shipyard to Build GulfMark PSV's

BAE Systems' Alabama Shipyard contracted to build Platform Supply Vessels for GulfMark Americas. GulfMark Americas, Inc. has selected BAE Systems’ shipyard in Mobile, Alabama to build two new platform supply vessels that…

Shipbuilding

US Navy Completes Testing Cobra Bow Bulb

Naval Surface Warfare Center (NSWC) Carderock Division researchers complete testing of bulb bows for DDG 51-class. Partnering with Program Executive Office (PEO) Ships and the Naval Sea Systems Command (NAVSEA) Fleet…