Local news today
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Shipbuilding
Oceana Shipyard Transforms Shipbuilding Efficiency with Integrated Approach
In the competitive world of shipbuilding, effective cost management is crucial. A significant portion of a shipbuilding budget—60-70%—is allocated to…
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Shipbuilding
Union Bulk Announces Leadership Change as CEO Michael Bonderup Steps Down
Danish dry bulk operator Union Bulk has confirmed a significant leadership transition, with Chief Executive Officer Michael Bonderup resigning from…
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Shipbuilding
South Korea to Collaborate with Russia on Northern Sea Route Development
The Ministry of Oceans and Fisheries in South Korea is set to engage in consultations with Russia in the first…
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Shipbuilding
Latvia Investigates Subsea Cable Damage Amid Rising Tensions
Latvian authorities are intensifying their investigation into the recent damage to an underwater telecommunications cable linking Latvia and Lithuania. Despite…
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Bulk Carrier
South Korea Launches Historic Arctic Shipping Trial
South Korea is set to make waves in Arctic shipping as it prepares for its inaugural container ship trial voyage…
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Shipbuilding
Endangered Fin Whale Found Dead on Ship Bow in Gloucester City Port
Federal wildlife officials are investigating the discovery of a deceased fin whale on the bow of a ship docked in…
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Shipbuilding
Construction Begins on Lahore’s Canal Ship Restaurant
LAHORE – Exciting developments are underway as the Parks and Horticulture Authority (PHA) Lahore has officially commenced construction on the…
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Shipbuilding
HD Hyundai Launches New Construction Equipment Company
HD Hyundai has officially launched HD Construction Equipment, a newly formed entity resulting from the merger of HD Hyundai Construction…
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Bulk Carrier
Safe Bulkers Declares Quarterly Dividends for Preferred Shares
Safe Bulkers, Inc., a prominent dry-bulk shipowner based in Limassol and listed on the New York Stock Exchange, has announced…
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Shipbuilding
Norwegian Car Carriers Orders New Dual-Fuel Vessel from Yantai CIMC Raffles Offshore
Norwegian Car Carriers (NOCC) has signed a contract with Yantai CIMC Raffles Offshore for the construction of a new pure…
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