Shipbuilding
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DHT Holdings Accelerates Fleet Renewal with $51.5M Sale
DHT Holdings, a prominent player in the supertanker industry, is moving forward with a significant fleet renewal strategy by agreeing…
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Samsung Heavy Industries Announces Performance Bonuses After 12-Year Hiatus
Samsung Heavy Industries (SHI) is set to distribute performance bonuses for the first time in over a decade, marking a…
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Sonangol Expands LNG Shipping Fleet with New Order
Angola’s state-controlled energy company, Sonangol, is set to enhance its liquefied natural gas (LNG) shipping capabilities by placing an order…
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Canada Evaluates Submarine Bids with Economic Cooperation in Mind
Canada is currently assessing bids from South Korea and Germany for its multibillion-dollar Canadian Patrol Submarine Project (CPSP). Stephen Fuhr,…
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Canada Approves Steensby Railway Project in Baffin Island for Iron Ore Expansion
Canada has given the green light for the construction of the Steensby Railway project in Baffin Island, a crucial development…
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SITC International Expands Fleet with New Orders
SITC International Holdings, a prominent intra-Asia container shipping line, is making significant strides in its fleet enhancement strategy. The Hong…
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Canada Eyes Hanwha Ocean for Submarine Project
SEOUL, Feb. 2 (Yonhap) — Stephen Fuhr, Canada’s minister responsible for defense procurement, visited Hanwha Ocean Co.’s shipyard in Geoje,…
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India Unveils Ambitious Scheme for Construction Equipment
In a significant move to bolster domestic manufacturing, Finance Minister Nirmala Sitharaman announced a new scheme aimed at enhancing the…
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Discovery of Largest Medieval Cargo Ship Near Copenhagen
Marine archaeologists have uncovered a remarkable medieval cargo ship, measuring approximately 91 feet in length, near Copenhagen. This significant find,…
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APM Terminals Steps In After Panama Supreme Court Ruling
In a significant development for Panama’s maritime operations, APM Terminals, a subsidiary of the Danish shipping giant Maersk, has expressed…
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