According to a June 19 report from The Chosun Ilbo, STX Offshore & Shipbuilding announced it had won $340m in orders to eight build tankers for an unidentified European company. This includes an option for an additional four depending on progress. This is seen as a possible turning point in a stagnant shipbuilding market where new orders have been drying up since late last year.
(Source: The Chosun Ilbo)
Davie Defense has finalized a $3.5 billion contract with the United States Coast Guard (USCG) for the construction and delivery…
Ambreen Fatima protested in Karachi with her children on Wednesday for the release of her husband, one of ten Pakistani crew…
Anemoi Marine Technologies’ Rotor Sail wind-assisted propulsion system has completed more than eight years of continuous…
Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources…
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Stabbert Maritime has retrofitted its multipurpose offshore support vessel Ocean Guardian with a synthetic hoisting system after steel wire rope began dictating how and where crew could safely work
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