Shipyards
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Port News
India sets aside billions to develop shipyards
India’s finance minister Nirmala Sitharaman announced on Saturday the creation of a $2.9bn maritime development fund for the long-term financing…
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Maritime News
Rescue Plan Emerges for Germany’s FSG and Nobiskrug Shipyards
At a press conference on Friday, January 31, at the now closed FSG Shipyard (Flensburger Schiffbau-Gesellschaft) the provisional insolvency…
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Maritime News
Damen Cuts Steel on Latest Island Class Vessel for BC Ferries
[By: Damen Shipyards Group] On 16th January, Damen Shipyards Galati cut steel on the third vessel in an order of…
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Maritime News
Insolvency Administrators Confident in Sale of FSG Shipyards
The provision insolvency administrators for Germany’s FSG and Nobiskrug shipbuilders told government officials and union leaders they remain confident in…
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Maritime News
FSG Nobiskrug Shipyards negotiations at "advanced stage"
FSG Nobiskrug shipyards has received several offers from potential investors. These are industry-related companies from Germany, not financial investors.This was……
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Marine World
Bollinger Shipyards Agrees to $1M Settlement Over Illegal Worker Claims in Coast Guard Contract
Bollinger Shipyards LLC, a major U.S. shipbuilding contractor based in Lockport, Louisiana, has agreed to pay $1,025,000 to settle allegations…
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Maritime News
First Damen Cutter Suction Dredger Under Construction in Azerbaijan
[By: Damen Shipyards Group] Baku Shipyard is currently working on the construction of a Damen Cutter Suction Dredger (CSD) 650.…
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Maritime News
FSG Shipyards Get Temporary Financing from German State to Continue Work
The bankrupt German shipbuilding group FSG-Nobiskrug Holding received temporary financing to keep the operations open while efforts continue to seek…
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Marine World
China Dominates Global Containership Construction as Korean Shipyards Face Decline
Chinese shipyards have solidified their dominance in the construction of containerships, commanding an impressive 68.5% of the global boxship orderbook…
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