Oslo-based car shipping company Wallenius Wilhelmsen has announced plans to supersize four of its twelve Shaper Class vessels on order to a record-breaking capacity of 11,700 Car Equivalent Units (CEUs)....

Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting due diligence. Following the acquisition of the former Daewoo Shipbuilding and...

Japan-based shipping group Nippon Yusen Kabushiki Kaisha (NYK) and compatriot Oono Development have signed a memorandum of understanding (MoU) to jointly explore the commercialization of responsible ship recycling in Japan....