Singapore-based AET Tankers orders four more DP2 shuttle tankers as it wins long-term contract from Petrobras

At KNect365 Energy’s Gas Shipping Americas conference, Poten & Partners’ global head of business intelligence sounds a warning note

New joint venture backed by Clearlake, Dragnis and Maas Capital starts with six newbuildings in South Korea

Although he remains deeply traditional in his business style, Koichi Fujiwar, head of ClassNK, believes next-generation technology will revolutionise classification work. Class must stay at the forefront of technology and help to set the standards

The 20-newcastlemax deal consists of four firm ships and 16 optional units agreed in a letter of intent in early 2017

Seoul-listed shipbuilder benefits from lower labour costs because of restructuring

The plan will hit a nerve of many foreign shipping players

Debt-to-equity swap investors albeit state-backed will need to withdraw properly

Capesizes and very large crude carriers lead the way as investors adopt risk-averse approach

Lack of support from domestic owners overshadows Korean builders’ prospects

Booming global LNG trades to bring business opportunities in building tankers and offshore units

After the South Korean shipbuilding haemorrhage in offshore, now it is China’s turn