Samsung Heavy Industries and Hanwha Ocean recently secured shipbuilding contracts worth 5 trillion won over the past two days ...

The parent of Orient Overseas Container Line said 2024 earnings grew on higher revenue from supply chain disruptions that ...

A Ukrainian businessman is suing an arm of the National Iranian Oil Co (NICO) for $95m in a decade-long dispute over a tanker ...

Hanwha Ocean announced on the 17th that it has received an order for six 24,000 TEU liquefied natural gas dual-fuel eco-friendly container ships from Taiwanese shipping company Evergreen Marine ...

An Evergreen ship is pictured under construction at the Shanghai Jiangnan Shipyard in April 2022. Photo courtesy of Wikimedia Commons via CNA The initiative is largely driven by China State ...

Onassis even considered selling the massive fleet of tankers after he realized he could not afford to pay back the loans he had initially received to buy the ships. His fortunes quickly turned, ...

Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly, ultra-large 24,000-TEU LNG dual-fuel container ...

This recovery is primarily driven by strong iron ore and bauxite shipments, while congestion issues persist, maintaining tight market supply. Shipbroker Ifchor Galbraiths’ research team told Riviera ...

These are the approximate positions of the U.S. Navy’s deployed carrier strike groups and amphibious ready groups throughout the world… ...

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