Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide. The Company’s operating fleet consists of ten dry bulk vessels that transport iron ore, coal, ...

Globus Maritime (GLBS) announced that it has closed a $25 million sale and bareboat agreement through its wholly owned ...

Multiple Asia-based FPSO sources told Upstream that Modec has received a price proposal from Chinese contractor Cosco Shipping Heavy Industry for constructing the hull and potentially the FPSO ...

Chinese state-owned shipping giant COSCO has further expanded its dry bulk newbuilding initiative with up to eight newcastlemax vessels at its group yard, COSCO Shipping Heavy Industry Yangzhou.

South Korea’s Hanwha group says it plans to hire a “significant number” of workers to expand what’s now called the Hanwha Philly Shipyard, after completing its $100 million purchase of the former U.S.

Hanwha Group has finalized the acquisition of Philly Shipyard in Philadelphia, marking the first time a South Korean company has taken ownership of a United States shipyard. The move is expected to ...

Prices for bulker newbuildings are at 15-year peaks due to high steel prices, shipyard costs, rising demand and strong market fundamentals, VesselsValue said. Cosco Shipping has been on a massive ...

Hanwha Systems and Hanwha Ocean has completed its $100 million acquisition of Philly Shipyard, clearing the way for the South Korean defense company to begin U.S.-based shipbuilding operations.

Hanwha Systems and Hanwha Ocean have finalized their $100 million acquisition of Philly Shipyard, marking the official start of Hanwha’s U.S. shipbuilding operations under the new name Hanwha Philly ...

WASHINGTON — South Korean conglomerate Hanwha today announced it had closed its $100 million deal to take a controlling stake of Philly Shipyard, capping off one of the company’s most ...

BELFAST — The British arm of Spanish state-owned shipbuilder Navantia will acquire the UK shipyard Harland & Wolff in a rescue deal that Navantia says will relieve the struggling yard from ...

The biggest vessel-ordering program since the eve of the global financial crisis is putting a squeeze on the shipbuilding industry’s capacity to construct new vessels. Owners plowed more than $ ...