KR and HD Hyundai Samho join forces to bring AI into ship design Korean Register has signed a memorandum of understanding with HD Hyundai Samho to jointly develop artificial intelligence-based solutions for innovation in ship design and analysis. The partnership agreement was formalised on June 11 as part of a broader digital transformation strategy aimed… Read More
Australian oil and gas producer Santos announced that its board intends to support an US $18.7 billion non‑binding takeover bid from a consortium led by Abu Dhabi’s National Oil Company (ADNOC), through its investment arm XRG, together with Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle. They have offered US $5.76 (A$8.89) per share, marking… Read More
Davie, a leading international builder of icebreakers and other specialized ships intends to acquire shipbuilding assets in Galveston and Port Arthur from Gulf Copper & Manufacturing Corporation, a Texas-based leader in ship repair, construction, and marine services, the shipbuilding company said. The transaction is still subject to financial, legal, and regulatory closing conditions, as well… Read More
𝐅𝐫𝐨𝐦 𝐓𝐮𝐫𝐛𝐢𝐝 𝐅𝐣𝐨𝐫𝐝𝐬 𝐭𝐨 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐈𝐦𝐩𝐚𝐜𝐭 IHC Mining is proud to help Rock Flour Company in exploring how glacial rock flour (GRF) from Greenland can become a powerful, nature-based climate solution. Based in Copenhagen, The Rock Flour Company is pioneering the use of Greenlandic GRF as a carbon removal solution. Backed by science and strong… Read More
Here we are again! NMDC Group continued to be among the Forbes Middle East’s Top 100 Listed Companies for the fourth year with a significant improvement in our positioning year after year. Our ranking progressed from 78th place in 2022 to 48th place in 2025. This recognition reflects our strong financial performance, strategic growth, and… Read More