South Korea has pledged to expand financial support measures and invest US$135.9 million in technological development for autonomous vessels and eco-friendly ships. According to the Ministry of Trade, the move aims to secure local shipbuilders’ position in the global market. Trade Minister Lee Chang-yang travelled to Ulsan to inspect shipyards and announced financial support plans […]
Much-maligned graphene could yet prove an effective shipbuilding solution Graphene may be relatively unpopular, but is it simply misunderstood? Stevie Knight finds out from a small band of marine adopters that knowing how and where to apply can make all the difference between success and failure Most people have heard that graphene is “200 times […]
First China-made Adora Cruises’ ship to set sail in 2023 China’s push to expand its presence in the cruise ship construction sector is in the spotlight again, with China State Shipbuilding Corporation (CSSC) releasing further details for its joint venture with US-based Carnival Corporation, and also previewing a new luxury cruise ship design. The Chinese […]
Sustained demand for sustainable PCTC equipment, says MacGregor With a VesselsValue blog post logging earnings for the Pure Car and Truck Carrier (PCTC) ship type at US$150,000 a day in August 2022 – 174% more than in January 2022 – the finished car logistics sector is “short of PCTC supply following years of underinvestment”. Demand […]