The acquisition of the current Arctech Helsinki Shipyard in Finland will be finalized in May, the involved parties say, having agreed to transaction terms on May 9.
Shanghai Shipping Maritime Technology, a wholly-owned subsidiary of Cosco Shipping Shanghai branch, opens up a new ship repair base in Zhoushan, Zhejiang province.
AVIC International Holdings has entered into an agreement with China Merchants Offshore Engineering Investment to transfer its entire 69.77% equity interest in AVIC Weihai Shipyard
As part of the enhancement of its activities in high technological content sectors, Fincantieri has acquired a majority stake of Insis, a company headquartered in Follo
Chinese heavy equipment manufacturer ZPMC signed the contract for two shipbuilding factory gantries with Karachi Ship Building and Engineering Construction Plant of Pakistan
A court in Mississippi issued an arrest warrant for the heavy lift ship 'Hawk' that was involved in an allision and damage of a newbuild US warship at Ingalls Shipbuilding in Pascagoula
