According to a Jan. 5 report from Reuters, Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipbuilder, said on Monday it expected revenue in 2009 to reach more than $9.8b.
Groundwork has started on the renovation of a central shipyard complex that be used for outfitting future Royal Navy Successor submarines, British Forces News said.
Icon Offshore Bhd and its partner FOB Swath Malaysia A/S have agreed to terminate their shipbuilding contract with Denmark-based Danish Yachts AS.
With the ULSTEIN S182 design, ULSTEIN introduces a new dynamically positioned multipurpose construction vessel suitable for shallow water operations. Main design