The EU has signaled that it will join Japan in a formal World Trade Organization complaint against South Korean shipbuilding subsidies, citing the impact on European shipyards and maritime equipment manufacturers
The South Korean government will order 140 liquefied natural gas (LNG) vessels by 2025 and provide 1.7 trillion won ($1.5 billion) in financial aid to prop up the country’s ailing shipbuilding industry.
Belgian offshore vessel owner DEME has launched its next generation, giant new offshore installation vessel ‘Orion’ in a ceremony at the COSCO Qidong shipyard in China.
Norwegian shipping magnate Kjell Inge Røkke is underwriting the construction of a new 600-foot research vessel, and she will easily be the largest ship of her type when delivered.
Spanish ferry operator Baleària announced it has started LNG retrofitting work for its ferry 'Napoles', the first of the company's six vessels to be converted to run on LNG.
Cruise operator The Fjords has announced it plans to add another all electric passenger vessel to its fleet, with Legacy of The Fjords now under construction at Brødrene Aa in Norway.
After cash buyer GMS congratulated the organization on its apparent support for the ship recycling of the former Rainbow Warrior (II) at a yard in Bangladesh, Greenpeace has issued a statement saying it was mistaken