U.S
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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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Shipbuilding
South Korea’s proposal to win over Trump: ‘Make America Shipbuilding Great Again’
HONG KONG — South Korea’s new president, Lee Jae-myung, is set to meet with U.S. President Donald Trump on Monday,…
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Shipbuilding
South Korea’s President to Boost U.S. Shipbuilding
South Korean President Lee Jae Myung is set to visit Hanwha Philly Shipyard next week, accompanied by key U.S. cabinet…
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Shipbuilding
Pentagon Wants 3-Star Sub Czar to Lead All New Construction Programs Under DEPSECDEF
The Pentagon is set to appoint a three-star officer to oversee the Navy’s submarine construction efforts, according to a memo…
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Shipbuilding
Navios Partners picks up two resale LR2s in $133m deal
Navios Maritime Partners has announced the acquisition of two aframax/LR2 tanker resales equipped with scrubbers, boosting its orderbook in this…
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