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Shipbuilding
Himalaya switches newcastlemax brace to fixed deals
Himalaya Shipping is making significant strides in its earnings strategy by converting two more Newcastlemax vessels to fixed-rate charters. The…
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Shipbuilding
HD Hyundai Heavy and Hyundai Mipo to merge
In a significant move aimed at bolstering its presence in the U.S. naval and Arctic shipbuilding sectors, South Korea’s HD…
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Shipbuilding
Trial Begins for Officers of Russian Tanker in Cable Cut Case
The trial has commenced in Helsinki for the captain and two officers of the Russian-linked oil tanker Eagle S, who…
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Shipbuilding
Oil surplus drives tanker demand
As President Donald Trump seeks to resolve the ongoing conflict in Ukraine, oil markets are grappling with heightened geopolitical risks…
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Shipbuilding
Shipping Industry Faces Turbulent Waters Ahead
The global shipping industry is grappling with significant challenges as freight volumes and earnings decline. Eli Glickman, CEO of ZIM,…
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Shipbuilding
Chinese Demand Shifts Shipping Earnings in August
In August, the shipping market witnessed notable fluctuations, largely driven by Chinese demand for commodities. While Chinese buyers continued to…
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Shipbuilding
Maine Maritime Academy’s New Federal Training Vessel Christened at Hanwha Philly Shipyard
The U.S. Maritime Administration (MARAD) recently marked a significant milestone with the christening of the State of Maine at Hanwha…
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Shipbuilding
Hanwha to boost capacity at Philly Shipyard with $5 billion expansion
In a significant move to bolster its presence in the U.S. maritime industry, Hanwha Group has announced a $5 billion…
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Shipbuilding
Hanwha Group Unveils $5 Billion Shipyard Investment
South Korea’s Hanwha Group has announced a significant $5 billion investment plan for the Hanwha Philly Shipyard, marking a crucial…
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Shipbuilding
US-South Korea Forge Shipbuilding Agreements Amid Trade Talks
During a pivotal visit to the United States, South Korean President Lee Jae Myung announced the signing of 11 non-binding…
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