The mainland's shipbuilders are set to spark a price war in the oil-rig market.
The credit crunch is taking a toll on mainland start-up shipyards, resulting in massive delivery delays, according to a report by global ship broker Clarkson.
Guangzhou Shipyard International, the largest small to medium-sized tanker producer on the mainland, says it will expand production by a third in three to five years, disregarding concern by...
Poland's BIG Bank Gdanski will sell its 23.2 per cent stake in the Stocznia Polnoc shipyard to the Pilsudski repair shipyard for 6.9 million zlotys (about HK$15.03 million), the bank says. The...
Kvaerner, an Anglo-Norwegian construction and shipbuilding company, says it is close to making an agreement to develop a former US naval shipyard in Philadelphia.
Shipbuilding and engineering group IHC Caland says it expects to reach agreement soon to take over Dutch shipyard Giessen-de Noord for 80 guilders (about HK$233) per share.
China has built its largest shipyard with a capacity of 300,000 tonnes in Dalian, a mainland newspaper says.
The Board of Investments in Manila says the Hanbo group has withdrawn its proposal to invest US$1 billion in a shipbuilding venture in the Philippines.
Japanese shipyards have full order books for the next two years, says the Japan Ship Exporters' Association.
Chinese shipyards can build good quality vessels at competitive prices with proper supervision by Chinese-speaking supervisors, Wah Kwong managing director George Chao Sze-kwong says.
The Government has denied that poor planning is to blame for the predicament of 14 north Tsing Yi shipyards that have been asked to move 200 metres to a new site.
VA Technologie, Austria's biggest engineering company, said a subsidiary has won an 80-million-schilling (about HK$56.68 million) contract to build two shipyard buildings at Wismas, Germany.