Shipbuilding

Eferebo advocates homegrown technology, maritime innovation

Marine engineering expert, Engr. Dr. Eferebo Ibietela Sylvanus, emphasized the need for increased investment in indigenous technology, research, and local…

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Shipping Industry Hampered by High Costs

In a recent statement to Kompas, PT PAL Indonesia’s President Director Kaharuddin Djenod unveiled a significant opportunity for the national…

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Yangzijiang Maritime Development Expands Fleet with New Bulk Carrier Deal in China

Singapore-listed Yangzijiang Maritime Development has recently announced a significant newbuilding deal in China, solidifying its presence in the maritime industry.…

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Croatia’s Iskra Shipyard and HD Hyundai Heavy Industries Sign Defense

Croatia’s Iskra Shipyard and South Korea’s HD Hyundai Heavy Industries (HHI) have recently entered into a collaboration agreement to work…

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“Even buying an old ship can still pay off” … Secondhand ship prices jump 80%

In a surprising turn of events, the secondhand ship market is experiencing record highs in prices, with older vessels fetching…

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Arabian Drilling Wins Largest-Ever Offshore Contract from KJO

Arabian Drilling, the leading onshore and offshore drilling company in Saudi Arabia, has recently announced a significant milestone in its…

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Korean steelmakers and shipbuilders weigh Alaska LNG opportunities

The Alaska LNG project has the potential to benefit major industries, particularly Korean steelmakers and shipbuilders, providing them with lucrative…

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