International offshore drilling contractor Ocean Rig UDW Inc. and South Korean yard Samsung Heavy Industries (SHI) have agreed to postpone the delivery of the newbuild drillship Ocean Rig Crete to September 2020. “Our subsidiary, that is party…
Ocean Rig Postpones SHI Drillship Delivery Till 2020 Read More »
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has received a contract to construct two special-purpose ships for an unnamed European company. According Yonhap, the deal has a value of around KRW 266.1 billion (USD 240 million). The…
Samsung Heavy Industries Bags Two Special-Purpose Ships Order Read More »
Thousands of jobs will be created in South Australia as a result of the Malcolm Turnbull Government’s announcement that Australia’s nine Future Frigates will be designed by BAE and built by ASC Shipbuilding, says South Australian Liberal Government….
Future Frigates to Provide Shipbuilding Jobs: Aus Govt Read More »
World’s largest shipbuilder reacts to competition from Chinese and Singaporean rivals.
Hyundai Heavy cuts third of its offshore executives Read More »
HHI has only won $78m new orders of offshore projects and industrial plants in January-May, far from reaching its $2bn…
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HHI slashes third of its offshore executives Read More »