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Shipyard & Offshore

World’s top two shipyards signal more orders

World’s top two shipyards signal more orders

Seoul - The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards may finally be emerging from two years of restructuring. Daewoo Shipbuilding & Marine Engineering Co. averted a payment crisis this month after bondholders agreed to a debt revamp

Fremm “Rizzo” delivered to the Italian Navy
Fincantieri to build 2 additional ships for Viking Ocean Cruises
Newbuild Orders at Chinese Yards Take a Nosedive

Newbuild Orders at Chinese Yards Take a Nosedive

Beijing -China’s shipbuilding industry has experienced a 25.4 percent plunge in newbuilding orders during the first three months of 2017 compared to the same period a year earlier, according to data provided by the China Association of the National Shipbuilding Industry (Cansi).

Daewoo Shipbuilding’s bailout plan cleared by pension fund
Ferretti, more investment and 80 new hires

Ferretti, more investment and 80 new hires

Genova - Ferretti,the second largest yacht shipbuilder in the world, has returned to profit a year ahead of schedule, and announced investments for €46.4 million, of which 25 million is for R&D, and 21.4 million for manufacturing (details to be released by September), along with a recruitment plan for 80 workers

STX-Fincantieri agreement signed

STX-Fincantieri agreement signed

Genova - The agreement paving the way for Fincantieri to join the ownership structureof STX France, the firm that owns the EU’s biggest shipyard - located in St-Nazaire - is now official. Last night, Giuseppe Bono, CEO of the Trieste-based group, flew to Paris Bercy, home of France’s Ministry of Economy

Finnlines lengthens four ships

Finnlines lengthens four ships

Naples - Finnlines, a Grimaldi Group company, will invest €70 million in a lengthening programme on four of its ships. The company, which currently employs twenty Ro-Ro units, has signed an agreement with the Remontowa shipyard that will perform the work at its Gdansk location

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