Hanwha Group gets U.S. clearance to up its stake in Austal
South Korea’s Hanwha Group has been eyeing an acquisition of Austal USA parent Austal (ASX ASB) for quite some time. Today, it appeared to be making some progress. Yonhap News Agency reports
South Korea’s Hanwha Group has been eyeing an acquisition of Austal USA parent Austal (ASX ASB) for quite some time. Today, it appeared to be making some progress. Yonhap News Agency reports
The first of three tugs dispatched by salvor Resolve Marine to respond to the still-burning car carrier Morning Midas arrived on scene with salvage personnel Monday afternoon and has begun a full
The U.S. Trade Representative’s office (USTR) announcement that it would take sweeping measures under Section 301 of the Trade Act of 1974, began a process that included taking into account public comments
With over 60 million Gen Z workers entering the job market, the maritime industry must adapt to attract and retain this new generation of talent. This guide outlines a strategic, five-part plan
The Coast Guard has revised CG-ENG Policy Letter 01-16, titled “Portable Accommodation Modules (PAM) Guidance,” to increase flexibility by incorporating additional design standards and to implement a risk-based inspection process that streamlines
Seeing surging project cargo demand across the U.S. Gulf region, a new logistics company has launched in Louisiana with a mission to offer U.S.-based, veteran-owned solutions for capital projects across the region.
At last week’s Nor-Shipping event in Oslo, Sandefjord, Norway, headquartered coatings specialist Jotun signed an agreement that will see the world’s largest leading owner and operator of LPG vessels, BW LPG, optimize
Oslo-headquartered Pherousa SA has moved a step closer in its plans to build a series of zero-emission hydrogen-fueled 64,000 dwt ultramax bulk carriers. In a ceremony at last week’s Nor-Shipping event, ABS
Royal Caribbean Group president and CEO Jason Liberty is to succeed Richard Fain as chairman of the company’s board when he steps down from that role in fourth quarter 2025. Fain will
Kongsberg Maritime has signed a Memorandum of Understanding (MoU) with the Indian Government-owned Garden Reach Shipbuilders & Engineers (GRSE) during the Nor-Shipping 2025 event in Oslo, initiating a collaborative effort to explore