The consortium of superyacht marina development and operating group Adriatic Marinas and the global ship and superyacht builder Damen, have been working with the Government of Montenegro
State-owned Power Construction Corporation of China hs announced its has won the bid for the costruction of marine facilities for the mega-shipyard King Salman International Complex.
The EU has signaled that it will join Japan in a formal World Trade Organization complaint against South Korean shipbuilding subsidies, citing the impact on European shipyards and maritime equipment manufacturers
The South Korean government will order 140 liquefied natural gas (LNG) vessels by 2025 and provide 1.7 trillion won ($1.5 billion) in financial aid to prop up the country’s ailing shipbuilding industry.
Spanish ferry operator Baleària announced it has started LNG retrofitting work for its ferry 'Napoles', the first of the company's six vessels to be converted to run on LNG.
Royal IHC's Krimpen aan den IJssel, Netherlands, shipyard has successfully launched the world's largest, most powerful cutter suction dredge, the 44,180 kW self-propelled Spartacus.
On Monday, American shipbuilder Philly Shipyard said that it posted a net loss of $36 million for the year to date, including a $17 million write-off for the cancellation of two container ships for TOTE Maritime.
The largest ever high-speed catamaran, which will operate on LNG fuel, will feature a fully integrated scope of supply from the technology group Wärtsilä.