For years, Korea’s Big3 shipbuilders focused on ultra‑large vessels. But now they are systematically redeploying into the medium tonnage segment, previously derided as small scale but unprofitable. ” Today, that segment p..
“Time for KEPCO to Take the Lead Again” Golden window for public-led market formation... As post-legislation uncertainty grows, public institutions—not private firms—must fill the gap With the Offshore Win..
U.S.: "We Can’t Maintain Naval Power Without Korea" A Strategic Dependence Born from America’s Loss of Shipbuilding Sovereignty Korea’s shipbuilding industry has evolved from a contract manufacturer into ..
Rise of Southeast Asia & North Africa Ports Requires Flexible Vessel Design Strategy Global container trade patterns are undergoing a profound shift. In 2024, the world’s top 30 container ports handled over 500 million TEUs..
Global Orders Halved, Ship Prices Drop — Korea Must Defend Its ‘Technology Premium’ As global newbuilding volumes plunge, the outlook for shipbuilders — especially small and mid-sized players — is darken..
Shipping is frequently criticized for lagging behind in decarbonisation, but Lloyd’s Register CEO Nick Brown disagrees, saying “industry has done a huge amount” Back in 2018, there were almost no deepsea ships in th..
Shipbuilding industry is expected to enter 'a new super cycle' against a backdrop of demands for replacing vessels delivered during 2005-2010, but this year's newbuilding price is likely to fall. Despite of raising capacity,..
Is it possible to own a nuclear propulsion ship, a hot potato for the Korean naval buildup? Why not? Nuclear propellants can operate underwater for a long time and can achieve tremendous speed, so they are called dream weapons that c..
While the U.S. holds China that maintains its quantitative edge in shipbuilding and shipping sectors in check, the office of the United States Trade Representative (USTR) proposes hefty new port charges—up to $1m per U.S. port cal..
Owners who have taken the risk of ordering the less popular MR1 product tankers are set to benefit in the future. According to shipbroker BRS, the company noted that the orderbook for MR1 vessels, typically ranging from 30,000 to 40,..
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