Samsung Heavy selling shares to raise USD1bn

South Korea’s Samsung Heavy Industries (SHI) is looking to raise up to KRW 1.1 trillion (USD 982.9…

Malaysia announces big tax incentives for shipyard industry

Malaysia has unveiled a generous new tax incentive scheme to help boost its shipbuilding industry, local…

Shipyard fire put out after seven-hour operation

Singapore firefighters have extinguished a fire that broke out on a large cargo barge berthed at…

Another shipyard goes bust in Brazil as work returns to Asia

If there’s one industry where all of Brazil’s political and economic upheavals come together, it is…