According to a Jan. 8 report from The Korea Times, the planned restructuring of Korea's struggling construction and shipbuilding industries will likely take more time than initially thought because of conflicts of interest among creditors over the selection of companies subject.
(Source: The Korea Times)
Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway.
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting…
HII announced that Jennifer Childs has been named vice president of quality and engineering of the company’s Ingalls Shipbuilding division…
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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