According to a report on UPI, South Korean ship builders have been hit hard by the global economic slowdown as new orders plunged in the first half of 2009. Yonhap reports that South Korea’s three major shipyards received combined orders of only $1.23 billion in the first six months of this year, compared with $34.1 billion in the same period of last year.
The leader of Yemen's Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had…
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply cargo handling and fuel supply systems for three new…
Italian defense group Leonardo is close to finalizing a deal to sell its submarine unit Whitehead Alenia Sistemi Subacquei (WASS) to shipbuilder Finca
Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile…
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
As the maritime industry transitions to the updated SIRE 2.0 inspection regime from the familiar SIRE VIQ7 framework, operators are bracing themselves for a period of adjustment.
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