In December 2025, Noble announced the sale of six jack-up drilling rigs, including the Ocean MVM, which was sold to Ocean Oilfield for $64 million. The transaction is scheduled to be completed in the ...
Saipem and Modern Drilling Company (MDC), one of the leading drilling contractors in Egypt and across the Middle East and ...
On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from ...
According to Nikkei, several Japanese companies in the shipping and shipbuilding sectors will jointly develop ammonia-fueled ...
On October 20, COSCO SHIPPING (Qidong) Offshore held a naming ceremony for the second vessel in its series of 88,000 m³ Very ...
As of October 2025, a 15-year-old VLCC was valued at $57.8 million, while a 10-year-old VLCC was valued at $85.3 million. In ...
More than 500 dual-fuel container ships and vehicle carriers are now operating worldwide, with total investment in dual-fuel ...
Following the cancellation of a 10-billion-euro defense shipbuilding project, the Dutch shipbuilding group Damen Shipyards ...
On October 20, Zhoushan Changhong International held a naming ceremony for the seventh vessel in a series of 10,300 TEU LNG ...
The Wall Street Journal reports that the Hanwha Philly Shipyard—once hailed by U.S. President Trump as a symbol of the ...
On October 21, Beihai Shipbuilding, in collaboration with China Shipbuilding Trading Co., Ltd. (CSTC), officially delivered ...
On October 19, the newly established state-owned enterprise Guangzhou Marine Equipment Group Co., Ltd. held its unveiling ...
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