HD Hyundai Heavy Industries' effective credit rating has risen to A+. This is a boon for HD Hyundai Group, as it has now raised the rating of its heavy industries division following its holding company, thanks to profitability and ..
Stena Line has recently revealed its latest concept for the new generation of vessel 'Stena Futuro', a 240-meter-long RoRo vessel intended for transporting semi-trailers and cars. “The mission is to develop the most eff..
Taiwanese shipping company Yang Ming Marine Transport is planning to order up to 10 new container ships and is talking with shipbuilders around the world. According to reports, Yang Ming has asked major shipyards for price quotes on ..
Investment in new bulkers and tankers has been sluggish this year. According to Greek shipbroker Intermodal Shipbrokers, global bulker orders in Q1 totaled just 1.62 million dwt, the lowest first-quarter figure on record and the seco..
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on April 2 that the South Korean shipbuilding tycoon won two 157,000 dwt tankers from Angola's state-owned oil company Sonangol. The value of the vessels stands..
As the U.S. tightens its restrictions on China’s shipbuilding and maritime industries, global shipping companies are increasingly shifting their orders to Korean shipyards. With the U.S. Trade Representative (USTR) moving forward ..
Trump crackdown on Chinese ships gradually brings influence to the global new ship order sales market. Newbuilding projects, which were going to be placed at Chinese shipyards, have been canceled one by one, while some push ahead with p..
South Korea' 'Big3' shipbuilders saw their order intakes declined by half against year ago. In the first quarter of the year, HD Korea Shipbuilding & Offshore Engineering (HD KSOE), Samsung Heavy Industries (SHI) and ..
HD Korea Shipbuilding & Marine Engineering and Samsung Heavy Industries are expanding their R&D investments, focusing on high value-added ships. As China’s shipbuilding industry rapidly catches up with domestic companie..
The Chinese shipbuilding industry is rapidly growing under the steady and continuous support of its government, positioning itself to surpass South Korea in the global new ship market. China’s market share in various ship types..
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