According to a report from Bloomberg, with the prospect of less competition from Japan due to the earthquake and tsunami that hit the country, and increased demand when the Japanese start rebuilding, business looks better for the Koreans. Posco's share price jumped 10 percent in ten days of trading after the earthquake; Hyundai Steel, Korea's No. 2 producer after Posco, was up 11 percent.
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace…
Italian defense group Leonardo is close to finalizing a deal to sell its submarine unit Whitehead Alenia Sistemi Subacquei (WASS) to shipbuilder Finca
The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm MSC said on Wednesday…
South Korea remembered the 304 people, most of them school children, who died on the Sewol ferry on the 10th anniversary of its sinking on Tuesday…
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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