Latest News

October 14, 2019

South Korea Fears Japan Trade Dispute Could Scuttle Shipyard Merger

South Korean officials are concerned that Seoul’s increasingly strained trade relations with Japan could derail the country’s planned megamerger of...
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October 14, 2019

South Korean group seen bidding to operate Qatar LNG carriers

Korea Line, Pan Ocean, SK Shipping, Hyundai LNG Shipping and H-Line Shipping have reportedly teamed up to make a bid...
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April 26, 2018

WFW advises ABN on US$220m loan facility

Watson Farley & Williams (“WFW”) has advised ABN AMRO Capital USA LLC (“ABN”) in relation to a US$220m loan facility...
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April 26, 2018

Beast from the East

The difficult ice conditions have forced many shipowners and charterers to carefully review insurance contracts and charterparty ice clauses. In...
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April 26, 2018

Still waters at Ennore terminal rock Adani’s boat

Last year, when the Adani group invested ₹800 crore to set up a container terminal at the Kamarajar Port (KPL)...
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April 26, 2018

Baltic Exchange launches Escrow Service for vessel sales

The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The...
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April 26, 2018

Job losses from restructuring hit shipyard cities

Shipyard cities and surrounding areas suffered steep job losses over a one-year period from ongoing restructuring efforts, state data indicated....
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April 26, 2018

Hyundai Mipo bags 179 bln won deal to build 4 carriers

Hyundai Mipo Dockyard Co., a local shipbuilder, said Wednesday that it has received a 179 billion won (US$165 million) order...
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March 21, 2016

DSME to cut 12,000 Jobs

South Korea’s Daewoo Shipbuilding & Marine Engineering will cut 12,000 jobs from its workforce by 2019 as it tries to...
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March 21, 2016

SHI close to winning 1.6 billion LNG ship order from GAIL

Samsung Heavy Industries Co. is close to winning a $1.6 billion liquefied natural gas (LNG) carrier order in India as...
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