In August, global new ship orders fell by more than 20% year-over-year and month-over-month, indicating a relative cooling of the new shipbuilding market; conversely,...
On September 4, 2026, Qingdao McDermott Wuchuan Offshore Engineering Co., Ltd. ("QMW") and CNPC Offshore Engineering (Qingdao) Co., Ltd. ("CPOE Qingdao") held a signing...
The Chosun Ilbo reported that, as high-priced engine orders secured during the shipbuilding industry’s upswing are being delivered and recognized as revenue in this...