With the start of the fourth quarter, HD Korea shipbuilding & Offshore Engineering (HD KSOE) has announced receiving an order for five newbuilds worth about KRW 900bn. Through its official notice made today, KSOE also announced t..
Shipyards in South Korea exported vessels worth about $2.39n last August, up by 76.0% against a year ago. The value of Korean ship exports showed a downward trend for two consecutive months starting in June this year, before making r..
Japan's shipping company, Mitsui OSK Lines (MOL) commissioned two VLCCs at a Chinese yard, making it the only shipping company in Japan to order VLCCs in 2024. According to industry sources and TradeWinds, MOL placed an order for..
MR tanker newcomer Seacon Shipping from earlier this year, ordered six 50,000 dwt tankers from its compatriot shipyard Huanghai Shipbuilding. Seacon Shipping ordered the new vessels through GHC Shipping, jointly established by Seacon..
Swiss energy company MET Group placed an order for one LNG carrier with China Merchants Heavy Industry (CMHI Jiangsu), after establishing a joint venture deal with Danish shipowner Celsius. According to inudstry sources and foreign m..
ABS issued an approval in principle (AIP) to leading Japanese companies at Gastech 2024 for two liquid carbon dioxide (LCO2) carrier designs with Type-C cargo tanks that do not require performing post-weld-heat-treatment based on the de..
DP World announced on October 3 that it welcomed two newly built vessels to its Marine Services fleet, further strengthening its commitment to sustainability and operational excellence. The newbuild vessels, Navios Utmost and Navios ..
BAE Systems has been awarded a $92 million U.S. Navy contract to continue building propulsors for the Virginia-class submarine program. Under this contract, BAE Systems will deliver the Propulsor Forward Assemblies, as well as design en..
The US Navy visited two South Korean mammoth shipbuilders in order to check their excellent technologies. HD Hyundai has recently announced that high-ranking officials from the US Navy visited HD Hyundai Global R&D Center (GRC) l..
Samsung Heavy Industries (SHI) announced on the 30th of this month that it will be fully implementing and using the digitally produced '3D Blueprint' technology starting this October. With the official application and usage, ..
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