Global ship orders dip by 98%

It is reported that shipbuilding industry continues its deteriorating trend after the severe plunge in November 2008.

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Volgograd Shipyard in need of liquidity

Russia's Volgograd Shipyard is struggling to complete its orderbook after

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Japan's newbuilding orders fell 69% in Jan.

Japan's shipbuilders saw orders fall 69% in January.

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Samsung Heavy signs MOU with Russia’s USC

Samsung Heavy Industries of South Korea on February 19th signed a memorandum of understanding with Russia for the cooperation for Russian shipbuilding industry's modernization, after a naming ceremony for an icebreaking tanker held in Samsung Heavy's Geoje Shipyard.

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