Daewoo Shipbuilding & Marine Engineering Co., has won a deal worth $602mto build eight
container ships, Korea Times said.
The deal with a European shipping company entails Daewoo Shipbuilding to deliver the vessels by January 2011, the shipbuilder said in a regulatory filing.
The shipyard has clinched deals valued at $1.9b to build 15 ships so far this year. Daewoo Shipbuilding aims at winning $17.5b worth of orders this year.
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace…
MHWirth, a subsidiary of Norwegian oil services investment firm Akastor, has received an arbitration award issued by a tribunal…
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…
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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