US. energy company Venture Global LNG announced on June 26 that Samsung Heavy Industries had launched its mega-sized LNG carrier named the ‘Venture Gator’...
Philly Shipyard has entered into a share purchase agreement with both Hanwha Systems and Hanwha Ocean (together "Hanwha"), for the purchase of Philly Shipyard,...
In a significant move to bolster South Korea’s shipbuilding industry, Minister of Trade, Industry and Energy Ahn Duk-geun and Financial Services Commission Chairman Kim...
Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has received orders from Toyofuji Shipping Co., Ltd. (Aichi Prefecture) and Fukuju Shipping Co.,...
Samsung Heavy Industries has been hit by sanctions against Russia following the Russia-Ukraine war. The company’s order worth 4.85 trillion won (approximately $3.7 billion)...
A total of 19 agreements and memorandums of understanding (MOUs), mainly in the energy sector, were signed between the governments and companies of Korea...
Yangzijiang Shipbuilding’s order book has reached a record US$16.8b year-to-date, exceeding the US$14.5b total from the end of 2023.’s order book has reached a...
CMB.TECH and Damen announced their collaboration on hydrogen-powered ASD Tugs. Built by Damen, these vessels use CMB.TECH's innovative dual fuel hydrogen technology that will...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
