shipbuilding

  • News

DSME gets $6 billion bail out

MARCH 23, 2017 — Korea’s battered Daewoo Shipbuilding & Marine Engineering (DSME) is to receive a new bailout package worth 6.7 trillion Korean won, or nearly 6 billion U.S. dollars. Arirang News

  • News

SunStone to build four expedition ships in China

MARCH 20, 217 — Miami, FL, headquartered SunStone Ships, Inc, has signed a framework agreement with China Merchants Industry Holdings Co., Ltd (CMIH), a shipbuilding subsidiary of the China Merchants Group, covering

Austal gets $36.6 million mod to LCS contract

MARCH 20, 2017 —Austal USA LLC, Mobile, AL, is being awarded a $36,608,865 cost-plus-fixed-fee modification to previously awarded contract N00024-11-C-2301 to exercise options for the accomplishment of Littoral Combat Ship core class

  • News

Odfjell signs LOI for two chemical tankers

MARCH 20, 2017 — Bergen, Norway, headquartered Odfjell SE has signed of a letter of intent with China’s Hudong-Zhonghua Shipbuilding for two additional chemical tankers with stainless steel cargo tanks. Odfjell says

  • News

DHT Holdings sells 2001-built VLCC

MARCH 17, 2017 — DHT Holdings, Inc. (NYSE:DHT) reports that it has entered into agreement to sell the DHT Ann, a 2001 built VLCC, for $24.8 million. The sale is in accordance