Consulting company Decem has acquired fellow Australian company Penguin Composites through voluntary administration.

The loan will support REC Silicon’s capital needs during the shutdown of its US polysilicon production plant at Moses Lake.

Despite losing ground in order volumes, South Korean firms remain strong in backlog rankings. As of January 2025, HD Hyundai Heavy Industries led the global list with 8.93 million CGT (compensated ...

Last week, India bought over 70 MRSAM (medium-range surface-to-air missile) systems from Bharat Dynamics, Israel Aerospace ...

Three Korean shipbuilders were on the list of the world's top 10 companies by new global orders in 2024, while the remaining ...

Three South Korean shipbuilders were on the list of the world's top 10 companies by new global orders in 2024, while the remaining seven spots were claimed by Chinese shipyards, industry data showed ...

Hanwha Ocean posts strong 2024 results. Find the latest news from the maritime industry on the PortNews website.

A grouping of several South Korean companies has begun a process to refine details for the country's future FFX Batch IV ...

Korean shipyards must not follow Japan’s path toward standardised vessel production, despite Chinese competition, a senior ...

Hanwha Ocean expects to receive additional orders this year to repair U.S. naval vessels and to build new warships at its ...

Hanwha Ocean is forecasting profit growth in 2025 as the yard delivers what it describes as loss-making container ships and ...