Shipbuilding
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HD Hyundai union boss scales crane as wage talks collapse
In a dramatic escalation of labor unrest, the head of the HD Hyundai Heavy Industries union has staged a high-profile…
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Scorpio Tankers offloads modern MR for $42m
Scorpio Tankers, based in Monaco, has finalized a significant deal to sell one of its modern Medium Range (MR) product…
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Turkey’s GSD Marin returns to Japan for fresh ultramax order
GSD Marin, a Turkish bulker owner, has secured a new ultramax vessel order from Nihon Shipyard in Japan. This latest…
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Anglo Teck merger creates top five global copper producer
In a significant move within the mining industry, Anglo American and Teck Resources have announced plans to merge, creating a…
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NYK issues fraud alert after bogus payment requests
Japanese shipping leader Nippon Yusen Kaisha (NYK) has issued a critical warning regarding a wave of fraudulent emails and social…
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Samsung Heavy debuts nuclear-powered gas carrier design
At the Gastech event in Milan, Samsung Heavy Industries made headlines by announcing the approval in principle (AiP) for a…
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RWE pens $3.7bn Apollo deal for stake in German TSO
German energy company RWE has formed a strategic alliance with US asset manager Apollo Global Management to secure funding for…
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Spanish ports closed to arms for Israel
Spain has implemented a ban on ships and aircraft transporting weapons or military-grade fuel to Israel, a decision prompted by…
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Ningbo Ocean Shipping looks to Singapore for global fleet expansion
Ningbo Ocean Shipping has announced a significant investment of approximately CNY2.9 billion ($406.5 million) through its Singapore subsidiary, aimed at…
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U.S. visa roadblock creates speed bump for Korea’s billion-dollar investments
A recent immigration enforcement operation in Georgia has significantly impacted the operations of a joint battery plant established by LG…
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