February 11, 2020
Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding industry, intensifying a wider dispute between...
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Shipbuilding
February 11, 2020
South Korea ranked second behind China in global shipbuilding orders last month, industry data showed Monday. (more…)
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February 10, 2020
Korea Shipbuilding & Offshore Engineering (KSOE) is expecting to gain momentum in its recovery this year as strengthened emission regulations will force shippers to replace...
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February 6, 2020
South Korea on Wednesday unveiled a financial package worth 820 billion won (US$690 million) to help modernize aging passenger boats and cargo vessels. (more…)
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February 4, 2020
Japan has brought the case of merger between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering to the World Trade Organization (WTO). (more…)
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January 24, 2020
TORM has entered into an agreement to purchase two scrubber-fitted and fuel-efficient LR2 newbuildings from Guangzhou Shipyard International (“GSI”) with expected delivery in the fourth...
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January 22, 2020
Probunkers has agreed terms with Hyundai Mipo Dockyard (HMD) for the construction of two firm units of 7,600 m3 LNG Bunker Vessels, signing a Letter...
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January 22, 2020
Croatian DIV Group has agreed with Norwegian expedition cruise operator Hurtigruten to acquire Kleven Verft, a Ulsteinvik-based builder of ferries and offshore support vessels. (more…)
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January 21, 2020
MSC Cruises has ordered two large LNG-powered ships at Chantiers de l’Atlantique, a deal reportedly worth €2bn. (more…)
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January 17, 2020
Greek owner Evangelos Pistiolis has reportedly ordered two scrubber-fitted suezmax tanker newbuildings at Hyundai Heavy Industries (HHI), worth a total of USD 130 million. (more…)
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January 17, 2020
Samsung Heavy Industries Co., a major shipbuilder in South Korea, is likely to receive US$318 million in compensation over a drill ship order cancellation, industry...
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January 13, 2020
KSS Line has ordered a 84,000 cbm very large gas carrier (VLGC) at Hyundai Heavy Industries (HHI). (more…)
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January 9, 2020
Samsung Heavy Industries is likely to sweep orders from Russia for ice-breaking LNG carriers to be used for its Yamal LNG project. (more…)
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January 8, 2020
Korean shipbuilders, which secured over a third of new orders placed around the globe last year, are expected to lead the global industry in 2020...
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January 6, 2020
Daewoo Shipbuilding & Marine Engineering Co., the world’s second-largest shipbuilder by order backlog, is seeking to secure deals worth more than US$6.88 billion this year,...
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