84 Ship Orders in March! Chinese Shipbuilders Lead for 12 Consecutive Months; South Korea Narrows Gap with LNG Ship Advantage
According to the latest data from Clarksons on April 6, 2026, Chinese shipyards held a 53% market sh...
GS Caltex and Veolia Sign Comprehensive MOU to Upgrade Yeosu Complex
GS Caltex (Seoul, South Korea) and Veolia (Paris, France) recently signed a comprehensive Memorandum...
Greek Shipowner Places Additional VLCC Order with Hanwha Ocean for 2029 Delivery
Greek shipowner Carlova Maritime has expanded its newbuilding program by adding two more tanker orde...
BlackRock, the American Capital Giant, Heavily Invests in Shipbuilding Sector, Becomes Third-Largest Shareholder of Samsung Heavy Industries
BlackRock, the world's largest asset management firm, continues to increase its holdings in the ship...
South Korea's Pan Ocean Invests Nearly $700 Million to Acquire 10 VLCCs
South Korea's private equity giant Hahn & Company recently announced the sale of 10 Very Large Crude...
Singapore Shipping Company Officially Announces Order for 8 MR Product Tankers; Contract Awarded to South Korea's Hyundai Heavy Industries
The globally renowned product tanker owner and operator, Hafnia, has officially signed a newbuilding...
Samsung Electronics' Q1 Operating Profit Hits Record High of 57.2 Trillion Won
According to the Q1 2026 earnings guidance disclosed on Samsung Electronics' official website on Apr...
South Korea's Develon Expands Electric Excavator Lineup, Launches 3 Models by Year-End
In 2026, Develon (formerly Doosan Infracore) is advancing its electrification strategy by expanding ...
FPT Industrial Renews Five-Year Engine Supply Cooperation Agreement with Tata Daewoo
FPT Industrial and Tata Daewoo Commercial Vehicle Co., Ltd. have renewed a five-year strategic coope...
Arbitration Determines Cost Increase for Seoul GTX-C High-Speed Rail Project; Ministry of Land, Infrastructure and Transport Pushes for Prompt Commencement
The Ministry of Land, Infrastructure and Transport of South Korea announced that the Korean Commerci...