When Lee Dong-hee came to Ulsan to work for Hyundai Heavy Industries five years ago, shipyards in the city known as Hyundai Town operated day and night and workers could make triple South Korea’s annual average salary.But the 52-year-old was laid off i…
‘Hyundai Town’ Grapples with Slowed Shipyard and Grim Future Read More »
Greek boxship owner lowers debt by more than a half-billion dollars, as planned.
Danaos closes $2.2bn debt refinancing Read More »
With three lounges, three dining rooms, an open-air jacuzzi, a bar and six luxury cabins, the 50-meter “Aster” is one of Dutch shipyard Heesen’s more modest superyachts.The Netherlands, which amassed huge wealth through the technical superiority…
Dutch Superyacht Builders Propelled by Rising Economic Tide Read More »
Ed Warner says now is the right time to start the search for a new director.
Clarksons starts hunt for future chairman Read More »
A containership operated by MSC loses a number of containers off Durban.
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SAMSA: MSC Boxship Loses 13 Containers off Durban, South Africa Read More »