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Corruption: China jails Cosco Shipbuilding GM for 12 years

Former general manager of China Shipbuilding Industry Corporation, Sun Bo, has been sentenced to 12 years in prison on Thursday for taking bribes and abusing power,...

China’s two biggest shipbuilders plan merger

China sacks senior shipbuilding official over graft

The General Manager, China Shipbuilding Industry Corp (CSIC), Sun Bo, has been fired by China’s anti-graft agency after an investigation found he had accepted bribes...

ship building and repair yards

Marine engineers lament neglect of shipbuilding, repair industry

Chairman, Nigerian Institution of Marine Engineers and Naval Architecture (NIMENA), Engr. Henry Unuigbe, has expressed regrets over the state of affairs in the...

South-Korean-shipyards

Korean shipyards maintain top position in global shipbuilding orders

South Korean shipyards maintained lead in the global order book for the fifth consecutive month in September with order backlog reaching over 20 million compensated...

South Korea’s shipbuilding industry sacks 35,400 in six months 

South Korea’s shipbuilding industry sacks 35,400 in six months 

By Jite Eriabie  The South Korean shipbuilding sector and related businesses have slashed workforces by about one-fifth in the first half compared to the end of last...

Former China Shipbuilding top officer faces corruption charges 

By Jite Eriabie A former head of discipline inspection group at China Shipbuilding Industry Corp (CSIC) will be charged with corruption following an investigation that...

Hyundai Heavy

Hyundai Heavy wins $600m shipbuilding deal

Hyundai Heavy Industries (HHI) has clinched a shipbuilding deal worth up to 673.1 billion won ($600 million) from Vitol, one of the world’s largest energy suppliers....

hyundai-heavy

Hyundai Heavy earns less amid shipbuilding woes

Shipbuilding woes continued to put a significant amount of pressure on South Korea’a Hyundai Heavy Industries (HHI), as the shipbuilder saw a 49.7 percent drop in its...

China shipbuilding orders drop nearly one-third in first half

China shipbuilding orders drop nearly one-third in first half

China’s ailing shipbuilding sector has seen a near one-third year-on-year decline in newbuilding orders over the first half of this year, leaving work-hungry Chinese...

Hyundai Heavy

HHI’s shipbuilding orders up 67% in H1

The shipbuilding orderbook value for the first half of this year of South Korean shipbuilding major Hyundai Heavy Industries (HHI) totaled in USD 1.65 billion, up by 67...

U.S.-Navy-shipbuilding

U.S. Navy shipbuilding plan to cost $400bn more over 30 years

Expanding the U.S. Navy to 355 ships as recommended by military leaders and backed by President Donald Trump would cost some $400 billion more over the next 30 years...

U.S.-Navy-shipbuilding

U.S. Navy shipbuilding plan to cost $400bn more over 30 years

  Expanding the U.S. Navy to 355 ships as recommended by military leaders and backed by President Donald Trump would cost some $400 billion more over the next 30...

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