FSG Shipyards Get Temporary Financing from German State to Continue Work

Published Dec 23, 2024 12:48 PM by The Maritime Executive

The bankrupt German shipbuilding group FSG-Nobiskrug Holding received temporary financing to keep the operations open while effo...

Offshore Wind Drives Shipyard Expansion - In Dubai

Published Dec 22, 2024 10:06 PM by The Maritime Executive

Offshore wind development is driving shipyard expansion in an unexpected place - Dubai, the glittering financial hub of...

Published Dec 19, 2024 7:53 PM by The Maritime Executive

South Korea’s Hanwha Group completed the acquisition of Philly Shipyard on December 19 in a deal valued at approxi...

Published Dec 18, 2024 1:12 PM by The Maritime Executive

The famed UK shipbuilder Harland & Wolff is set to be saved for a second time from bankruptcy as reports indicate Sp...

Published Dec 16, 2024 5:48 PM by The Maritime Executive

The government through its Special Investment Facilitation Council (SIFC) has stepped in to revive a project to domestic...

Published Dec 16, 2024 3:58 PM by The Maritime Executive

The Israeli government has signed a landmark order for five new missile corvettes with Haifa-based Israel Shipyards. The acquisiti...

Published Dec 13, 2024 7:05 PM by The Maritime Executive

Petrobras announced plans for an investment of $2.73 billion as part of an effort to modernize its offshore support vess...

Published Dec 12, 2024 1:20 PM by The Maritime Executive

The embattled German shipbuilding group FSG-Nobiskrug Holding along with its two shipyards and its design group have been provis...

Published Dec 11, 2024 3:29 PM by The Maritime Executive

QatarEnergy concluded a time charter agreement with a joint venture between Japan’s Mitsui O.S.K. Lines and China&...

Published Dec 10, 2024 12:50 PM by The Maritime Executive

Japan’s Onomichi Dockyard Company has informed the board of Colombo Dockyard of its plans to divest its 51 percent ownersh...