News

Imabari Shipbuilding completes 64,000-ton Norse Continuation

The vessel is designed to carry cargoes such as grain and coal.

ICTSI units bag 25-year concession extension for Subic terminals

One of the companies will invest over $130m for the improvements.

Hanwha Ocean completes ship-to-ship LNG transfer during sea trials

This development addresses possible delays due to terminal congestion.

ASL Marine eyes raising $7m through placement shares

This will fund business expansion and the broadening of its shareholder base.

Fleet expansion to propel growth for marine and offshore companies

Yard utilisation is also strong amidst demand for repairs.

K Line unit seals deal for electric tugboat construction

The boat will have a hybrid system for incorporating new technologies.

ITOCHU unveils supply of low-carbon methanol fuel for NYK Line

This development includes ship-to-ship bunkering for dual-fuel bulk carrier Green Future.

Hanwha Ocean, POSCO ink MoU to develop next-gen steel for warships

The ultra-high-strength rolled steel plate has four times the strength of conventional steel.

Imabari Shipbuilding completes 40,000-ton Unity Island

The vessel can carry a wide variety of cargoes, such as coal.

India amongst top suppliers of seafarers

The country is making major investments to fuel its maritime sector.

Aster invests $161.25m for single buoy mooring upgrade

The upgrades will enable greater capacity for energy imports.

Some nations bet on shipbuilding to drive economic growth

Western shipbuilding companies face intense competition from Asian rivals.

Yangzijiang Shipbuilding bags eight contracts worth $567.6m

Meanwhile, deals for four oil tankers were terminated.