The recovery in the dry bulk shipping market has prompted long-established overseas shipowners to initiate fleet renewal programs. Many Greek shipowners, who had been...
On October 23, Guangzhou Shipyard International (GSI) signed a contract with the Monaco-based company TRANSOCEAN for the construction of two 50,000 DWT chemical/oil tankers,...
South Korean shipbuilder Hanwha Ocean and steelmaker POSCO are set to launch a demonstration project involving the application of high-manganese steel to cargo tanks—a...