Headlines

HD Hyundai : "We must work together to overcome the crisis"

On July 3, HD Hyundai held a meeting with the top executives from its major companies. The goal was to talk about how to deal with recent economic challenges happening both in Korea and around the world. The meeti..

China’s Mawei shipbuilding to build electric cargo vessel

As China accelerates its shift toward greener industrial practices, a shipyard in the southeastern province of Fujian is poised to deliver one of the country’s latest eco-conscious maritime efforts: a fully ele..

Chinese yards' capacity expansion threaten Korea

As a poor sentiment is being seen in the new order sales market amid sluggish economy, rising tensions between the US and China, and US' proposed port fee for China-built or linked vessels, the two shipbuilding p..

Seatrium clinches FSRU conversion gig

Singapore-based offshore engineering group Seatrium has announced that it has secured a contract from Kinetics, a subsidiary of Turkish mobile power plant specialist Karpowership, to convert one LNG carrier into a Fl..