According to a Jan. 13 report from Reuters, Korea Development Bank, in talks to sell Daewoo Shipbuilding to Hanwha Group, asked Hanwha to rework its financing plan amid speculation the estimated $5b sale could fall apart. State-run KDB, a top shareholder in Daewoo Shipbuilding & Marine Engineering, also said it would decide whether the deal could go through based on the new funding plans from Hanwha.
(Source: Reuters)
QatarEnergy has selected the joint venture of Japan’s Mitsui O.S.K Lines (MOL) and China’s COSCO Shipping LNG Investment…
Hycamite TCD Technologies, MOLEA, a subsidiary of Mitsui O.S.K. Lines, and MOL PLUS have signed a Memorandum of Understanding…
Shipments of iron ore on the Great Lakes totaled 4.3 million tons in November, a decrease of 4.7 percent from 2023. Shipments…
Taiwan raised its alert level on Monday saying China has set up seven zones of reserved airspace and deployed naval fleets…
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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