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Shipbuilding
South Korea leads global newbuild orders, yet 92.5% of ship repairs go overseas
South Korea, known for its world-leading shipbuilding industry, is facing a critical challenge in its ship MRO (maintenance, repair, and…
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Shipbuilding
Shipping Industry Welcomes Proposed Inclusion of Two Indian Ship Recycling Yards to EU List
In a recent development, major industry players BIMCO, European Shipowners (ECSA), the International Chamber of Shipping (ICS), INTERCARGO, INTERTANKO, and…
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News
NYK Group Establishes Global Code of Conduct
On September 1, the NYK Group unveiled its new Code of Conduct at a town hall meeting, aimed at establishing…
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Shipbuilding
Hantong Group’s Hantong Changyang Green New-Energy Vessel and Offshore Equipment Base Commences Production
Hantong Group announced the official commencement of the “Hantong Changyang” project on August 18. This project, operated by Jiangsu Hantong…
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Shipbuilding
HD Hyundai Heavy Starts Partial Strike
The labor union of HD Hyundai Heavy Industries is embarking on a partial strike as negotiations between labor and management…
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Shipbuilding
Japanese shipping company keen to invest in Bangladesh’s ship recycling sector
Japan’s renowned shipping company, Mitsui O.S.K. Lines (MOL), has expressed its eagerness to invest in Bangladesh’s growing ship recycling sector…
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Shipbuilding
ESG increasingly seen as a commercial priority for maritime industry, LR says
Maritime companies looking to secure capital, retain customers, and stay competitive during the energy transition should prioritize integrating environmental, social,…
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Shipbuilding
Key trends reshaping shipping and shipbuilding as SMM 2026 opens
The global shipbuilding and marine equipment sectors are gearing up for SMM 2026, set to take place in Hamburg from…
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Shipbuilding
Japan forming industrial clusters to boost areas across country outside major cities
TOKYO – In a bid to reinvigorate regional areas, Japan is embarking on a mission to form industrial clusters that…
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News
NYK and Stolt-Nielsen Establish Joint Ownership and Operating Structure for Avenir LNG
Nippon Yusen Kabushiki Kaisha (NYK) has officially acquired a 50% stake in Avenir LNG Limited, following the receipt of necessary…
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