South Korea
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Shipbuilding
Indian Shipbuilders Struggle to Access ₹4,000 Crore Aid
MUMBAI: A significant ₹4,000 crore financial assistance scheme for Indian shipbuilders is facing underutilization, with only ₹499.61 crore, or about…
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Shipbuilding
Hanwha orders historic LNG carrier from US yard
In a significant development for the U.S. shipbuilding industry, South Korea’s Hanwha Group has placed a groundbreaking order for a…
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Shipbuilding
HD Hyundai looks to buy back block manufacturer it sold six years ago
In a significant move amid the ongoing shipbuilding supercycle, HD Hyundai Heavy Industries is poised to spend approximately $360 million…
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Shipbuilding
Hanwha Philly Shipyard mulls joining U.S. Navy ship project
Hanwha Philly Shipyard, part of South Korea’s Hanwha Group, is actively considering a bid for the U.S. Navy’s combat support…
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Shipbuilding
Advantage Tankers bolsters VLCC orderbook
Advantage Tankers, based in Geneva, has made a significant move in the shipping industry by placing a new order for…
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Shipbuilding
Itochu orders world’s first ammonia bunkering vessel
Japanese trading powerhouse Itochu Corporation is poised to make maritime history by launching the world’s first ammonia bunkering vessel by…
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Bulk Carrier
Ships releasing a large amount methane from the seafloor
A groundbreaking study from Chalmers University of Technology in Sweden has unveiled a surprising source of methane emissions linked to…
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Bulk Carrier
Shipping Traffic Sparks Alarming Methane Emissions
A recent study from Chalmers University of Technology has unveiled a concerning link between shipping traffic and elevated methane emissions…
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Bulk Carrier
NH3 Clean Energy raises $710K to propel flagship ammonia
Australia’s NH3 Clean Energy, previously known as Hexagon Energy Materials, has successfully raised $710,000 to propel its WAH2 ammonia project,…
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Shipbuilding
First cargo ship to depart for Asia from LNG Canada export terminal
A significant milestone has been reached in Canada’s energy sector as the GasLog Glasgow, a liquefied natural gas (LNG) tanker,…
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