Shipbuilding orders around the world have taken a steep dive this year, triggering concerns over a looming "order cliff." Yet South Korean shipbuilders appear to be weathering the downturn, thanks to their ongoing emphasis on ..
COSCO Shipping Heavy Industry (CSHI) has launched a major leap forward in the digital transformation of the shipbuilding sector. The company recently commenced full-scale operation of five intelligent short straight pipe production line..
The United States is ramping up efforts to revive its domestic shipbuilding industry, and South Korea—home to some of the world’s most advanced shipyards—is emerging as a natural ally. But as cooperation between the tw..
Shipping giant A.P. Moller–Maersk and Finnish naval architecture firm Deltamarin have introduced a new design for a 3,500 TEU ammonia-powered feeder containership, aiming to advance the maritime industry’s decarbonization ef..
“Arctic route, ministry relocation—maritime agenda now under direct presidential oversight” - First-ever position—placing ‘maritime affairs’ at the core of national agenda - Lee Young-ho, fisherie..
Canada’s leading shipbuilder, Davie Shipbuilding, is making a bold move to expand its presence in the Arctic specialty vessel sector by acquiring Mantyluoto Shipyard in Finland. The acquisition will complement Davie’s 2023 p..
Anemoi Marine Technologies, a British company that makes Rotor Sails, has opened a new factory in Jingjiang, Jiangsu Province, China. The factory can make up to 250 Rotor Sails every year and is the first of its kind to handle the full ..
The global Capesize bulker fleet is showing signs of accelerated aging, while market freight rates have seen a sharp decline in recent weeks. According to Greek shipbroker Intermodal Shipbrokers, the global Capesize bulker fleet curr..
Hanwha Ocean, one of South Korea’s leading shipbuilders and offshore engineering firms, has secured a key milestone in its offshore wind ambitions. The American Bureau of Shipping (ABS) has issued Approval in Principle (AIP) for t..
— India’s ONGC and Japan’s MOL form JV; Only Korea’s ‘Big 3’ Invited to Bid, Samsung Emerges as Frontrunner * ONGC-MOL to Jointly Order VLEC Vessels — Samsung Heavy in Pole Position India&..
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