Representatives of the shipbuilding workers' union have proposed labor-management-government discussions to the Economic, Social, and Labor Commission. Although the Korean Confederation of Trade Unions (KCTU), the union's paren..
On March 11, TerraPower and HD Hyundai announced a strategic collaboration to further scale the global manufacturing supply chain for Natrium reactor components. The agreement combines HD Hyundai’s manufacturing expertise with Ter..
The Approvals in Principle granted by American Bureau of Shipping (ABS) and DNV on an independent evaluation basis, come with no show-stopper conditions, affirming the viability and safety of the Pherousa Ammonia Cracking technology onb..
Chantiers de l’Atlantique, one of the largest shipyards in Europe, has entered a collaborative agreement with NAPA, a global provider of maritime software and digital services, to enhance the efficiency of its hull design process ..
Berge Bulk has successfully completed the world’s first retrofit installation of the Renk Integrated Front-end Power System (IFPS) shaft generator on its vessel, Berge Dachstein, a 208,718 DWT Newcastlemax. This achievement suppor..
On March 10, Hanwha Ocean met with Thai Ambassador Tanee Sangrat at its Seoul office to discuss cooperation for maritime security and the development of the shipbuilding industry. Ambassador Tanee showed great interest in Hanwha Ocea..
As the world's largest shipping nation, Greece is deeply reliant on China's shipbuilding industry. According to a recent report by Greek shipbroker Xclusive Shipbrokers, 43% of the bulk carriers (including general cargo ships..
Last 2024, mid-sized tanker prices offered by global shipbuilding industry soared for the first half, before stopping the growth for the second half against a backdrop of a decline in new vessel orders. However, there were no price down..
Ship engine suppliers in South Korea are raising investment in the expansion of manufacturing facilities amid a surge in new order intakes, which results from the current shipbuilding boom. For the first two months, according to indu..
Starco Link recently announced that it has signed a contract with a U.S. shipyard to supply cabin equipment. With this agreement, the company aims to expand its overseas sales and accelerate its global market entry. The contract, ..
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