News
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Champion Tankers takes options on final two MR newbuilds in China
Norway’s Champion Tankers has successfully concluded its latest fleet renewal initiative by confirming options for two additional MR tankers from…
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Northern Lights marks first CO2 storage offshore Norway
Northern Lights Joint Venture has reached a significant milestone by successfully injecting the first volumes of carbon dioxide into its…
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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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Hanwha Ocean To Inject Additional $70 Million Into US Shipyard
Hanwha Ocean, a prominent South Korean shipbuilder, is set to invest an additional $70 million in expanding its shipyard in…
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Malaysia Launches New Multi-Purpose Mission Ship
This month, the Malaysian Maritime Enforcement Agency (MMEA) celebrated a significant milestone with the keel laying ceremony for its largest…
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APM Terminals Plans $1B Investment to Develop Indian Ports
APM Terminals, part of the AP Moller-Maersk group, has signed a significant agreement with the authority managing ports along India’s…
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HD Hyundai Buys Manufacturer as it Seeks Expansion in Vietnam Shipbuilding
In a strategic move to bolster its shipbuilding capabilities and compete more effectively with Chinese rivals, South Korea’s HD Hyundai…
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Hanwha Ocean to inject additional $70 mln into U.S. shipyard
SEOUL, Aug. 25 (Yonhap) — Hanwha Ocean Co., a prominent South Korean shipbuilder, has announced plans to invest an additional…
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Malaysia Fast-Tracks Investment in its Shipbuilding Sector
Malaysia is making significant strides in its shipbuilding industry, highlighted by two major investment agreements reached last week. Pahang State…
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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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