Shipbuilding
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Peru and South Korea Forge Submarine Development Partnership
On December 21, HD Hyundai Heavy Industries (HD HHI) announced the signing of a significant “Next-Generation Submarine Joint Development Agreement”…
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MSC Strikes Deal for Construction of Bagamoyo Port in Tanzania
After years of stalled negotiations, the Bagamoyo Port project in Tanzania is set to advance significantly. The Tanzania Ports Authority…
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Turkey Unveils Ambitious Aircraft Carrier Plans
Turkey has announced a significant revision to its first-ever aircraft carrier, now set to measure 300 meters (approximately 984 feet)…
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SFL Corporation Sells Two Older Suezmax Tankers
SFL Corporation, backed by shipping magnate John Fredriksen, is taking decisive steps to reshape its tanker portfolio through the sale…
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Foreign Labour Crisis Looms Over South Korea’s Shipbuilding Industry
On the afternoon of the 17th, a group of around 20 employees at HD Hyundai Heavy Industries’ Ulsan Shipyard rallied…
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Cochin Shipyard Shares Surge Amid Defence Sector Optimism
Shares of Cochin Shipyard Ltd experienced a significant boost on Monday, climbing over 6% in intraday trading. This surge reflects…
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Bureau Veritas Launches First Methanol Dual-Fuel Ship
Bureau Veritas Marine & Offshore (BV) has achieved a significant milestone by classifying its inaugural methanol dual-fueled container ship, the…
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Ocean Installer Secures Major Contract for Mikkel Field
Marine construction contractor Ocean Installer, a subsidiary of Moreld, has landed a significant contract for a life extension project at…
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France Launches Ambitious Program for Next-Generation Aircraft Carrier
France has officially initiated a significant program to develop a new generation aircraft carrier, known as PANG (PANG for “PANG”…
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TechnipFMC Secures Major EPCI Contract with Eni
TechnipFMC, a leading offshore contracting firm, has secured an Engineering, Procurement, Construction, and Installation (EPCI) contract with Italian energy giant…
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