As summer fades into fall, Chinook salmon, pink salmon, and steelhead make their way back to the Dungeness River to spawn. Unfortunately, their journey isn’t easy. By mid- to late August, water levels drop, making passage difficult and threatening both the salmon and the communities that rely on the river. For years, Dungeness irrigators and… Read More
Evergreen Marine Corporation (Taiwan) Ltd. announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from TWD 276,714.83 million in the previous year. Net income surged to TWD 139,453.29 million, compared to TWD 35,337.05 million in 2023. Basic earnings per share from continuing operations… Read More
DP World has signed a long-term strategic agreement with Maersk to expand maritime services at DP World’s terminal in the Port of Santos, Brazil. DP World operates one of the country’s largest private terminals at the Port of Santos. Under the terms of the eight-year agreement, Maersk will introduce additional long-term services and maintain a… Read More
Shares of Australian shipbuilder Austal Ltd. climbed after a unit of Hanwha Aerospace Co. became a substantial shareholder of the US Navy contractor, as South Korea’s top defense firm attempts to bolster its foothold in America. Austal’s stock closed 7.6% higher in Sydney on Tuesday after a subsidiary of Hanwha acquired a 9.9% stake in… Read More
Korean shipbuilders are poised to capitalize on renewed demand for ultra-large container ships, analysts say Hanwha Ocean Co., a leading South Korean shipbuilder, said on Monday it has won a 2.33 trillion won ($1.61 billion) order to build six eco-friendly, ultra-large 24,000-TEU LNG dual-fuel container ships from Taiwan’s Evergreen Marine Corp. The deal, amounting to… Read More
