According to a Feb. 4 report from JoonAng Daily, Hyundai Heavy Industries has signed a deal to acquire a 10 percent stake in the Brazilian shipbuilder OSX Estaleiros in order to secure more ship orders and insulate itself against the country’s rising buy-Brazilian agenda, Hyundai said.
(Source: JoongAng Daily)
Maersk expects global trade growth rising as much as 7% next year, bolstered by strong demand from the United States where…
Taiwan's defense ministry said on Friday that China's threat to Taiwan and the region has been evolving since 2022, when…
Danfoss today announced that Daniel Winter has been named president of Danfoss Power Solutions. He succeeds Eric Alström who…
With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs…
Hapag-Lloyd reduces emissions & costs through Shipshave’s ITCH solution, confirmed by DNV
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
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