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Lauritzen JV orders North Sea accommodation semi

SEPTEMBER 10, 2012 — China’s COSCO Qidong Offshore, a subsidiary of  COSCO Shipyard Group has secured a contract worth over $200 million from Axis Offshore, a joint venture between Danish shipowner J.

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Abu Dhabi Mar eyes P+S Werften

SEPTEMBER 3, 2012 — German broadcaster Deutsche Welle says that Abu Dhabi  based shipbuilder Abu Dhabi Mar (ADM) has expressed its interest in taking over P+S Werften, which last week became the

Austal results “below expectations”

AUGUST 29, 2012 — Austal Limited (ASX:ASB) yesterday released full year results that included record revenue of Australian $653.0 million, up 29.7 percent, but an operating profit of only $A11 million. The

JHSV 1 completes builder’s sea trials

Shipbuilder Austal USA, Mobile, Alabama, reports that Joint High Speed Vessel USNS Spearhead (JHSV 1) has completed builder’s sea trials in the Gulf of Mexico. The trials encompassed over 50 demonstration events