Shipbuilding
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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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Korea and U.S. finalize $150 billion shipbuilding cooperation package ahead of August deadline
In a significant development for the shipbuilding industry, South Korea and the United States have finalized a tariff agreement that…
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Ardmore snaps up trio of modern MR tankers
Ireland-based Ardmore Shipping is enhancing its product tanker fleet by acquiring three modern MR vessels for nearly $104 million. The…
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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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