China's shipbuilding industry is massive, expanding, and fueling its naval modernization. Its most significant shipyards produce both military and commercial vessels, leveraging industry for defense ...

Russia's second largest lender VTB will acquire the Zvezda shipbuilding yard from oil company Rosneft but the deal is still in its early stages, VTB CEO Andrei Kostin told Reuters. VTB is currently ...

A leading South Korean shipyard has won a repair contract for a US Navy auxiliary supply ship as the sea service looks to allies for assistance in maintaining the fleet. South Korea is a prominent ...

Background In 2018 Congress mandated 355 combat force ships for the Navy. According to the United States Naval Institute as ...

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According to a recent article in Kieler Nachrichten, negotiations for the takeover of the shipyard German Naval Yards (GNYK) ...

SINGAPORE (Reuters) - Singapore's Keppel Corp. , the world's top offshore oil drilling rigs maker, said it may look to snap up Asian shipbuilding yards in several years when it expects a glut in ...

First big management-union agreement to end labor pirating, labor shifting and strikes in defense industries hard-pressed for skilled workers was being put through ast week under OPM auspices. The ...