The word "shipbuilder" is a correct and common term in written English.
It refers to a person or company who builds ships, typically large ones used for transportation or trade. It can also refer to a person who designs or supervises the construction of ships. Example: The shipbuilder was proud of the latest vessel he had completed, a massive cargo ship that would transport goods across the ocean.
Now the company is trying to convince sceptics that it should buy the world's third-biggest shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME).
Mr. Steinbrenner, then in his early 40s, was a shipbuilder, having bought out his father's interest in a small shipbuilding company, which he then expanded through a series of acquisitions.
In 2007 Pham Thanh Binh, the former chairman of Vinashin, a state-owned shipbuilder, appointed his 27-year-old son Minh the deputy head of a shipbuilding institute.
There has been a lot of speculation that the government may award the submarine contract – Australia's biggest defence contract – to Japan's Soryu class submarine without a tender or other competitive process, despite highly competitive potential alternatives, including from German company ThyssenKrupp Marine Systems and French shipbuilder DCNS.
Fincantieri, a shipbuilder near Genoa, recently launched "Victory", one of the largest ever.
The two purchases have turned Northrop Grumman into the biggest naval shipbuilder in the world, ahead of its arch-rival, General Dynamics.The Pentagon and the Justice Department have smiled on the company's recent purchases.
One such is the marine division of Rolls-Royce, a British firm, which is collaborating with Farstad, a shipping company based in Alesund, and STX OSV, a shipbuilder.
But the credit binge has bequeathed serial inflation problems, the collapse of Vinashin, a state-owned shipbuilder, and overextended banks.
In the most prominent example, in 2010 Vinashin, a shipbuilder, defaulted on a foreign loan, triggering a downgrade of Vietnam's sovereign debt.
A default by Vinashin, a shipbuilder that had accumulated an astonishing $4 billion of debt, helped spark a banking crisis.Third, SOEs, particularly those in consumer-facing industries, are dealing with very dynamic markets and may not be nimble enough to cope.
When news came that the contract would probably be scrapped because the bidding process was flawed, Mobile had a parade anyway to cheer an Australian shipbuilder, a Singaporean aerospace company and a giant new ThyssenKrupp steel plant, among others.The danger, of course, is that such projects bring rustbelt problems in future.
