The first Korea shipping fund, which was set up under the Ship Investment Company act in Korea, will make its debut early next year. Named Korea Marine Fund Corporation (KMFC), it was…

Daewoo Shipbuilding in Korea announced that next year it aims to earn W 4.3 trillion in revenue, W 300 billion in operating profit and W 250 billion in net profit. These figures…

Mitsui O.S.K. Lines in Japan revealed its plan to order three more double-hull VLCCs. In May this year MOL ordered six 300,000DWT double hull VLCCs from Mitsui Engineering & Shipbuilding, Kawasaki Shipbuilding…

ABS unveiled a new version of the technically advanced ABS SafeHull system at the Marintec China maritime exhibition and conference in Shanghai which represents a quantum leap in ease and efficiency. The…