News
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Korea and U.S. finalize $150 billion shipbuilding cooperation package ahead of August deadline
In a significant development for the shipbuilding industry, South Korea and the United States have finalized a tariff agreement that…
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Ardmore snaps up trio of modern MR tankers
Ireland-based Ardmore Shipping is enhancing its product tanker fleet by acquiring three modern MR vessels for nearly $104 million. The…
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South Korea commits $150B to help revive US shipbuilding
South Korea has committed $150 billion to a dedicated United States shipbuilding rejuvenation fund as part of a $350 billion…
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MOL Unveils Eco-Friendly VLCC Energia Viking
Mitsui O.S.K. Lines, Ltd. has officially launched its latest very large crude carrier (VLCC), the Energia Viking, during a naming…
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Holcim UK retires bulk carrier after 34 years in Glensanda fleet
Holcim UK has officially retired the Yeoman Bank, a self-discharging bulk carrier that has been instrumental in transporting aggregates for…
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“Make America Shipbuilding Great Again” Initiative Essential for US-South Korea
In a significant development, South Korea and the United States have reached a landmark agreement aimed at revitalizing the US…
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13MP: Ship fueling supply services to reach RM19.4 bln by 2030
KUALA LUMPUR (July 31): The 13th Malaysia Plan (13MP), covering the period from 2026 to 2030, aims to significantly bolster…
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Econavis Secures First Refercence For New Fuel-Saving
EcoNavis Solutions has announced a significant milestone with the acquisition of its first commercial contract for the Eco Boss Cap,…
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Electrical Fire Knocks Out Power at Hyundai Samho Shipyard
A significant electrical fire at the HD Hyundai Samho shipyard in South Korea has wreaked havoc, burning for nearly nine…
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Ukraine Prepares to Sell Seized Cargo Ship Accused of Looting Grain
Ukraine’s National Agency for Tracing and Asset Management (ARMA) is set to auction another cargo ship, the Anka, as part…
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