SEOUL,July 31 (Reuters) – A recent publication by Reuters highlights that South Korean Finance Minister koo Yun-cheol emphasized the significance of a shipbuilding collaboration initiative called “Make America Shipbuilding Great Again” in securing a tariff agreement between the U.S.and South Korea. This ambitious partnership, valued at approximately $150 billion, aims to revitalize the American shipbuilding… Read More
Kongsberg Discovery has decided to start production of HUGIN, an autonomous underwater vehicle, in the US. This strategic decision reflects the commitment to supporting the growing demand for advanced subsea technology in the US market. Kongsberg Discovery is a global leader in advanced robotics and sensor technology, enabling the mapping, monitoring, and surveying of the… Read More
Kenmare Resources Plc‘s new hashtag#dredge fleet has arrived at its Moma hashtag#titanium minerals mine in Mozambique, the Dublin-headquartered company announced today (July 28). The second 62m long, 1160t vessel arrived at Moma on July 26, a week after the first vessel landed on July 18. The two new dredges, built by Dutch shipwrights Royal IHC,… Read More
The U.S. Maritime Administration (MARAD) has taken a significant step to enhance America’s military sealift capabilities by awarding $6.2 billion in contracts to manage its Ready Reserve Force (RRF) fleet. The comprehensive agreement involves 20 contracts covering the management of 51 vessels, marking a major investment in national maritime security. The contracts, spanning a 10-year… Read More
Global trade enabler celebrates milestone with record volumes, major investments, and growing impact on Brazil’s economy SANTOS, Brazil — DP World is celebrating 12 years of operations at the Port of Santos, highlighting its significant role in shaping Brazil’s trade infrastructure and driving sustainable economic growth. Since launching operations in 2013, DP World’s terminal in Santos… Read More
