South Korea
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Europe
Unisea opts for Hanjin Subic aframaxes
Adam Lemos-led Unisea of Greece has ordered its first tanker newbuilds since 2015. Brokers report the company has ordered two…
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Asia
Polaris orders newcastlemaxes in China
South Korea’s Polaris Shipping’s fleet rejuvenation programme shows no sign of slowing down. Brokers report the company has headed to…
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Asia
Crane occupied in DSME strike
A worker’s strike at Daewoo Shipbuilding & Marine Engineering (DSME) has seen operations at a giant dock crane come to…
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Asia
Angelicoussis back at DSME for another LNG carrier
Daewoo Shipbuilding & Marine Engineering (DSME) has bagged another order from one of its most loyal customers. John Angelicoussis’s Maran…
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Asia
NYK adds two more LNG carriers at Samsung for Total charter
Japan’s NYK has ordered a pair of 174,000 cu m LNG carriers from Samsung Heavy Industries as part of a…
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Asia
Hyundai Heavy takes Turkish suezmax deal
The world’s largest shipbuilder is still filling out its 2020 slots and is offering deals for ship types it would…
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Asia
BlackRock ups DSME stake
The world’s largest fund operator BlackRock has increased its stake in Daewoo Shipbuilding & Marine Engineering (DSME) to 5.57%, becoming…
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Europe
Knutsen signs for Mipo’s debut 30,000 cu m gas carrier
Cementing a banner few days for South Korean shipbuilders in the LNG domain Hyundai Mipo Dockyard has signed a $77m…
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Asia
DSME bags up to $1.1bn of new LNG carrier orders
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has won a $370m deal to build two LNG carriers from an…
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Asia
HMM aims for 7% market share on main east-west container tradelanes by 2021
In a remarkably bullish two-page press release issued today South Korean flagship HMM has claimed it will have a 7%…
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Europe
EU set to join Japan’s WTO complaint against Korean yards
The European Union may well join Japan’s campaign against state aid being dished out by Seoul to Korean shipbuilders. Japan…
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Europe
Latsco Shipping places debut LNG carrier order at HHI
Greek owner Latsco Shipping is moving into the LNG carrier sector with an order for the construction of two LNG…
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Asia
Seoul readies another $1.5bn to salvage nation’s struggling yards
In a move likely to further infuriate rivals such as Japan and Germany, the South Korean government today unveiled a…
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Asia
Japan files official complaint with the WTO over Korean yard subsidies
Japan has officially launched a complaint at the World Trade Organization (WTO) over Seoul’s state funding of local shipbuilders after…
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Europe
German yards support Japan’s WTO threat to Korean builders
German shipbuilders have come out in support of Japan’s attack on South Korea’s decision to subsidise its shipyards. Japan is…
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Asia
Japan ready to take Korean yard subsidies issue to the WTO
Japan is readying once again to go to the World Trade Organization (WTO) over what it sees as South Korea’s…
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Asia
Arne Fredly adds three more VLCCs at DSME
Daewoo Shipbuilding & Marine Engineering (DSME) announced today that it has won a $273m deal to build three VLCCs for…
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Asia
HMM introduces sulphur cap surcharge
South Korean shipping major HMM has become the latest shipping line to introduce a fuel surcharge, following in the footsteps…
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Europe
Latsco orders VLGC pair at Hyundai Heavy Industries
Greek company Consolidated Marine Management (CMM) has placed an order at South Korean yard Hyundai Heavy Industries for the construction…
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Asia
Calls grow for HMM to merge with SM Line
Two of South Korea’s top containerlines must merge or risk becoming the next ‘Hanjin’, according to the vice chairman of…
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