Scorpio Tankers Inc. (NYSE: STNG) has signed contracts with South Korean shipbuilder Hyundai Mipo Dockyard Co. Ltd. to construct five 52,000 DWT product tankers for approximately $37.4 million each. These vessels will
Austal Limited (ASX:ASB) says it has reviewed its internal forecast for the full year ended June 30, 2011. It now expects net profits after tax to be in the range of A$20
Québec shipbuilder Davie Yards announced today that it has entered into an exclusivity agreement with Fincantieri and DRS Technologies Canada (“DRS”), a Finmeccanica company, to negotiate the potential acquisition of the shipyard