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Anticipation for South Korean shipbuilders continues to build up as the second Trump administration is actively seeking ways to revamp its naval fleet to countermeasure China’s overwhelmingly dominant shipbuilding sector and formidable maritime forces.
WASHINGTON: US President Joe Biden's administration has concluded that China uses unfair policies and practices to dominate the global maritime, logistics and shipbuilding sectors, three sources familiar with the results of a months-long trade investigation told Reuters.
Washington has been looking into the world-leading dominance among Chinese shipping yards, but ‘we’re not overly concerned’, one executive says
SEOUL: South Korean President Yoon Suk-yeol held a telephone call with US President-elect Donald Trump and discussed continuing close ties across all areas in security and economic fields, a senior South Korean official said on Thursday (Nov 7)
PETALING JAYA: TAS Offshore Bhd has secured shipbuilding contracts for eight units of tugboat with value of approximately RM49.1mil.
China’s shipbuilding industry will retain its top spot globally this year, by capitalising on robust industrial chain capabilities and prioritising advancements in intelligent and green technical solutions, say analysts and shipbuilders.
PETALING JAYA: MISC Bhd and Samsung Heavy Industries Co Ltd have signed shipbuilding contracts for the construction of two newbuild liquefied natural gas (LNG) carriers, scheduled for delivery in 2027.
South Korean shipwrights took 40 per cent of global intake for ship orders last month, surpassing their Chinese peers for the second time this year
‘Core research and development capabilities’ are still subpar in home-grown engines and high-value-added ships, warns NPC delegate and shipbuilding expertCall for enhanced cultivation of talent and the establishment of a special fund comes after South Korea retakes monthly lead in global shipbuilding orders
Director of research institute under the China State Shipbuilding Corporation has reiterated pleas in state media for more technological advancements in strategic shipbuilding sectorCalls come after US naval officer’s visit to allies South Korea and Japan to elevate shipbuilding partnerships
Director of research institute under the China State Shipbuilding Corporation has reiterated pleas in state media for more technological advancements in strategic shipbuilding sectorCalls come after US naval officer’s visit to allies South Korea and Japan to elevate shipbuilding partnerships
The petitioners are urging the US president to impose port fees on Chinese-built vessels to ‘address hundreds of billions of dollars of unfair government support’They also raised national security concerns about Chinese government-supported software platform Logink, which provides data on global supply chain logistics
China will retain its lead in the global shipbuilding market this year, and this trend is expected to persist into 2024, market watchers and shipbuilders say.
KUALA LUMPUR: Malaysia continues to strengthen its national maritime security with the acquisition of a Turkish-made multi-purpose mission ship (MPMS) valued at US$68.8mil (RM304.29mil) for the use of the Malaysian Maritime Enforcement Agency (MMEA)
Analysts tell Senate Foreign Relations Committee that strategic contributions by US allies and partners go well beyond military spending
KUCHING: Shin Yang Group Bhd (SYG) has secured 12 new shipbuilding and ship repair contracts in the 12 months to June 30, 2023 (FY23).
FUZHOU, May 4 (Xinhua) -- Located on the bank of the Majiang River in east China's Fuzhou, capital of Fujian Province, is the precious industrial and cultural heritage site known as the Foochow Arsenal, which stands as a witness to China's Self-Strengthening Movement and a memorable chapter in the country's modernization journey.
PETALING JAYA: TAS Offshore Bhd (TAS) has secured shipbuilding contracts for two units of tugboat with a total value of approximately RM15.3mil.
China produces 37 million gross tonnes per year, more than South Korea and Japan, with the China State Shipbuilding Corporation the biggest shipbuilder in the worldGermany, though, has expressed wariness toward China’s growing market share, while the UK has plans to use £4 billion (US$5 billion) to shore up its shipbuilding industry
China produces 37 million gross tonnes per year, more than South Korea and Japan, with the China State Shipbuilding Corporation the biggest shipbuilder in the worldGermany, though, has expressed wariness toward China’s growing market share, while the UK has plans to use £4 billion (US$5 billion) to shore up its shipbuilding industry
