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Shipyard & Offshore

Daewoo delivers world’s first icebreaking LNG carrier

Daewoo delivers world’s first icebreaking LNG carrier

Seul - Daewoo Shipbuilding & Marine Engineering Co., a leading global shipyard, said Tuesday that it has successfully delivered the world’s first icebreaking liquefied natural gas (LNG) carrier to a Russian client. In 2014, Daewoo Shipbuilding clinched a deal from Russia’s state-run shipper Sovcomflot

Fincantieri closes its take-over bid for Vard

Fincantieri closes its take-over bid for Vard

Trieste - Fincantieri has announced -with reference to the public voluntary total acquisition bid aimed at the ordinary shares of Vard Holdings Limited that are not already directly or indirectly held, controlled or subject to an acquisition bid from its own subsidiary, Fincantieri Oil & Gas S.p.A. dated 13 November 2016

Fincantieri is close to a deal for STX France

Fincantieri is close to a deal for STX France

Trieste - Fincantieri’s acquisition of the Saint-Nazaire shipyards could happen soon, before the French elections: the goal of closing the deal on the only shipyards in France that are capable of building large civilian and military ships is shared by the government in Paris

Wärtsilä expands into solar and battery power

Wärtsilä expands into solar and battery power

Trieste - Wärtsilä,the marine engine and power plant manufacturer, is expanding into solar and battery power in the latest example of a traditional energy company diversifying beyond fossil fuels. The Finnish group has won an order to build a solar power plant at a gold mine in Burkina Faso, west Africa

Works start in Genoa on the first ship for Virgin Voyages
Fincantieri: dry dock works start on “Nieuw Statendam”
HHI moves forward with new sales

HHI moves forward with new sales

Seoul - As domestic competitor DSME struggles to meet its obligations, Hyundai Heavy Industries is on the march, settling contract disputes and negotiating with buyers for up to $1 billion in new sales. According to the Korea Herald, sources within the shipbuilding industry say that HHI is in talks with two shipowners

Major shipyards have no big hiring plans for H1

Major shipyards have no big hiring plans for H1

Seoul - South Korea’s three major shipbuilders plan to hire only a handful of workers in the first half of this year amid a prolonged slump and the ongoing industrywide restructuring drive, sources said Tuesday. Of the “big three” only Hyundai Heavy Industries is expected to recruit a small number of essential workers

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