Shipbuilding
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Schoeller Holdings Orders New Containerships from China
Schoeller Holdings has made a significant move in the shipping industry by placing an order for two 1,900 TEU containerships…
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HD Hyundai sued over alleged defective switchboard on the Dali
The fallout from the tragic March 26, 2024, collision of the containership Dali with the Francis Scott Key Bridge continues…
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New Alliance Aims to Boost Arctic Security
In a significant move to enhance maritime operations in the Arctic, four shipyards from the United States, Canada, and Finland…
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Coast Guard Moves to Boost Icebreaker Fleet
The U.S. Coast Guard is taking significant steps to enhance its icebreaker fleet with the upcoming acquisition of new vessels…
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Floating data centres become a new segment for shipping to pursue
The surge in global data processing and storage needs is driving innovation in the tech industry. As land-based infrastructure faces…
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EnerMech wins two-year deal at BP Trinidad and Tobago
EnerMech, a UK-based oilfield services company, has successfully secured a two-year extension for its contract with BP Trinidad and Tobago.…
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‘Unexciting’ container market sees liner CFOs adjusting full-year forecasts
The global container shipping market is bracing for a challenging second half of 2025, as weak demand, overcapacity, and fluctuating…
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Diana Shipping reaches near 10% stake in Genco
In a significant move within the shipping industry, Greek dry bulk owner Diana Shipping has expanded its investment in Genco…
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Electricity blackouts are a blessing for shipping
As the world pushes towards renewable energy, a surprising trend emerges in the shipping sector: an increasing reliance on fossil…
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(LEAD) HD KSOE’s Q2 net profit up 25 pct on strong ship sales
SEOUL, July 31 (Yonhap) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced a significant 25% increase in…
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