According to a Dec. 16 report from The Wall Street Journal, as the yen remains near a 15-year high, Japanese shipbuilders are coming under pressure to settle a bigger chunk of their contracts in dollars as their mainly domestic customers increasingly demand it.
(Source: The Wall Street Journal)
Aesen introduced the Aesen 116H, a next-generation hybrid crew boat developed to support the evolving operational requirements…
The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot.
The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources…
Lloyd's Register has granted Design Appraisal to HD Hyundai Heavy Industries' fore-accommodation LNG carrier design featuring Mitsui O.S.K.
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