Shipbuilding
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China’s Cruise Industry Faces Major Setbacks
China’s cruise market is undergoing significant changes as it grapples with political tensions and increasing competition. The recent arrest of…
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FedEx to Close Kirkwood Facility Amid Major Restructuring
In a significant shift for its operations, FedEx has announced the impending closure of its Kirkwood Ship Center in Broome…
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Mega Cruise Ships Surge in Popularity Despite Challenges
As travelers flock to the high seas, mega cruise ships are experiencing unprecedented demand. Royal Caribbean’s latest vessel, the Star…
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China Secures Major Shipbuilding Contract for AHTS Vessel
In a significant development for China’s maritime industry, Chizhou Tianyu Shipbuilding has partnered with Hong Kong Word Engineering Company to…
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Dajin Offshore Partners with Szczecin Shipyard for Wind Project
Dajin Offshore has secured a significant contract worth PLN 47 million (approximately EUR 11 million) with Szczecin Shipyard “Wulkan” to…
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ITOCHU Secures Major Stake in Hitachi Construction Machinery
ITOCHU Corporation has solidified its position as a key player in the construction machinery sector by increasing its stake in…
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Yangzijiang Shipbuilding Reports Strong Profit Surge
Yangzijiang Shipbuilding (YZJ) announced a remarkable net profit of 4.5 billion yuan (S$827.4 million) for the second half of 2025,…
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UK’s Defence Minister Advocates for Shipbuilding Surge
During the unveiling of HMS Active at Rosyth, Defence Minister Luke Pollard emphasized the necessity of a robust Defence Investment…
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China’s New Cruise Ship Set for 2026 Launch
SHANGHAI, Feb. 27 (Xinhua) — The China State Shipbuilding Corporation (CSSC) announced that the construction of the Adora Flora City,…
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Trilateral Agreement Boosts Greek Shipbuilding
A groundbreaking trilateral agreement has been established between Onex Shipyards & Technologies and South Korea’s Hanwha Power Systems, with American…
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