Shipbuilding
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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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“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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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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St. Johns Ship Building delivers second Chartwell-designed CTV to AWT
St. Johns Ship Building, based in Palatka, Florida, has successfully delivered the Atlantic Endurance, the second of two Chartwell Ambitious-class…
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Swan Hellenic Regains Ship After Long Legal Battle Over Russian Sanctions
After a prolonged three-year legal struggle, expedition cruise line Swan Hellenic has successfully regained its flagship vessel, the SH Minerva.…
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CMA CGM eyes Hutchison Ports as MSC deal falters
French shipping giant CMA CGM has confirmed its interest in acquiring terminals from CK Hutchison following the expiration of exclusive…
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Castor seals $14.6m leaseback for kamsarmax bulker
Cyprus-based shipping company Castor Maritime has successfully completed a sale and leaseback agreement for its kamsarmax vessel, the Magic Thunder.…
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Excess, unidentified baggage in containers is breaking the back of shipowners
Recent insights from Captains Naveen Singhal and M.M. Saggi highlight the growing issue of misdeclared cargoes in the shipping industry.…
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Mitsui takes over Scottish wind port
Japanese trading company Mitsui & Co and shipping giant Mitsui OSK Lines (MOL) have announced a significant acquisition of Scotland’s…
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