Hyundai Near Deal With Iran for 10 Ships
Hyundai Heavy Industries Co. (HHI), a major shipyard in South Korea, looks set to clinch a deal with Iran to supply 10 ships, says a report in Yonhap.
Evac Acquires Uson Marine
Evac Group, the world’s leading provider of integrated waste, wastewater, and water management systems for the marine, offshore…
DSME to Spin off IT Biz Unit
Daewoo Shipbuilding & Marine Engineering Co. (DSME) plans to spin off its IT business unit next year in an effort to streamline…
The Arctic Is In Meltdown
The Arctic has lost almost 95% of its older ice cover since 1984, says NASA. The area covered by Arctic sea ice at least…
Future Unmanned Naval Systems for MMCM Program
Thales, BAE Systems and their partner SAAB, ECA Group and ASV Global welcome the confirmation by the Organization for Joint Armament Cooperation (OCCAR) that the…
Tough Times in Shipping Fleet Demolition
Strong demolition has been a prominent feature of the shipping industry this year, as challenging market conditions continue to drive a significant supply-side response in a number of sectors…
Six New Submarines Built for the Russian Navy
JSC Admiralty Shipyards has finished building a series of six submarines for the Russian Navy’s Black Sea fleet
Royal IHC Signs Contract with Shanghai Salvage
Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system.
Maersk Line to acquire Hamburg Süd
Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line.
Boskalis Sells Stake in SMIT Amandla Marine
Royal Boskalis Westminster N.V. (Boskalis) has successfully completed the sale of its stake in SMIT Amandla Marine (SAM).