The Indonesian Navy and the Government of South Korea have begun negotiations over the possible purchase of three additional Chang Bogo-class submarines.
A South Korean court has ordered the arrest of a former executive of a local shipping company whose vessel sank in the South Atlantic along with its entire crew of 24 in 2017.
Hyundai Heavy Industries (HHI) has received two newbuilding orders from unnamed European shipping companies.
Norway’s Ocean Yield has invested in a 2016-built Suezmax tanker for US$56 million with a 13-year bareboat charter to Okeanis Eco Tankers of Greece.
Daewoo Shipbuilding and Marine Engineering (DSME) has received a firm order for two very large crude carriers (VLCCs) plus one option from Oman Shipping Company (OSC).
The Singapore-flagged containership Maersk Honam is expected to resume operational sailing during the second half of 2019 following a period of extensive repairs at the yard where it was originally constructed.
Athens-based Capital Ship Management took delivery of a newbuild very large crude carrier (VLCC) on Friday, January 11.
South Korean shipbuilder Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) filed for corporate rehabilitation in a Philippine court on Tuesday, January 8.
Odfjell Drilling took delivery of Deepsea Nordkapp, a semi-submersible rig built by Samsung Heavy Industries, on Monday, January 7.
Ocean Infinity will be working with the Government of South Korea in the search for the wreckage of the very large ore carrier (VLOC) Stellar Daisy, which was lost on March 31, 2017.