India unveils ambitions to become 'a global leader in shipbuilding'
India is attempting to “play hardball” to become an alternative shipbuilding market, amid the trade ...
Up to 50,000 people could lose their jobs in the South Korean shipbuilding industry as demand for new ships is expected to remain low. Cheap fuel and weak world trade have contributed to a global 71% year-on-year slump in shipbuilding orders in the first quarter. In South Korea, orders are expected to fall 85% in value this year. The shipbuilding companies in the country are all trying to restructure, or boost their coffers, after the main three racked up losses ...
European port congestion now at five-to-six days, and getting worse
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