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Shipyard & Offshore

South Korean shipbuilders mired in losses
835 Ships Sold to Scrap Yards in 2017
Fincantieri: slipway works start on the Multipurpose Amphibious Unit (LHD)
Fincantieri launches its Australian campaign
Fire on ship under repair kills 5 in India, injures 11
Frigate project still on despite HHI “troubles”

Frigate project still on despite HHI “troubles”

Manila - The Philippine Navy’s PHP18-billion Frigate Acquisition Project (FAP),which was awarded to South Korean shipbuilder Hyundai Heavy Industries (HHI), is “still proceeding on schedule.” This was the remark of Department of National Defense (DND)spokesperson Arsenio Andolong

Lebanon inks its first offshore leases

Lebanon inks its first offshore leases

Beirut - On Friday,Lebanon moved forward with its first offshore exploration lease by celebrating a contract signing with Total, Eni and Novatek. Israel vigorously protested the news, which will allow the foreign consortium to explore reserves in Lebanon’s Block 9

Gozo Channel dishes out €4.3 million in orders

Gozo Channel dishes out €4.3 million in orders

La Valletta - Gozo Channel dished out €4.3 million worth of direct ordersbetween 2016 and the beginning of 2018, statistics in parliament show. The direct orders were mainly for maintenance and repairs on the Gozo ferries, as well as the subcontracting of workers

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