U.S
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Shipbuilding
Lomar taps pilot-assist tech for tanker trial
Lomar’s tanker unit, CB Tankers, has embarked on an innovative year-long trial with its chemical carrier, the CB Pacific, by…
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News
MOL Joins Japanese Consortium Investing in U.S.-Based Commonwealth Fusion Systems
In a significant move towards sustainable energy, Mitsui O.S.K. Lines, Ltd. (MOL) has announced an investment in Commonwealth Fusion Systems…
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Shipbuilding
Finnish Navy’s Third Corvette Enters Production
On August 26, 2025, Rauma Marine Constructions (RMC) celebrated a significant milestone with the steel-cutting ceremony for the Finnish Navy’s…
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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
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
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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Shipbuilding
South Korea bets big on reviving troubled US shipbuilding to woo Trump
During his inaugural visit to the United States, South Korean President Lee Jae Myung is emphasizing a commitment to revitalizing…
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