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Yards & Dock

Thyssenkrupp Eyes German Shipyard Industry Consolidation

Germany’s second-largest defence group Thyssenkrupp Marine Systems (TKMS)TKAG.DEwants to play a leading role in consolidating the German and European shipyard industry, its new Chief...

Top 10 Largest Dry Docks in the World

Dry docks are essential facilities for ship construction and repairs. Marine vessels are manoeuvred into the shipyard and then the submerged parts such as...

Cerberus acquisition of Hanjin shipyard to create 300 jobs per year – Finance chief

Cerberus earlier acquired the facility for US$300 million. It will lease parts of the property to Subic Bay Freeport Zone locators. Cerberus acquisition of...

Russian Admiralty Shipyards launches submarine ‘Magadan’ for Pacific Fleet

  On March 26, 2021, the Russian Admiralty Shipyards launched Magadan, the third Project 636.3 diesel electric submarine (SSK) for the Russian Navy's Pacific Fleet. On...

Fifth MARAD Training Vessel Construction Confirmed for Philly Shipyard

Five NSMVs are the first modern training vessels built for the state-operated maritime schools (MARAD) Construction of the fifth training ship under the National Security...
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