U.S.-based military shipbuilder Huntington Ingalls and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) today to explore opportunities to collaborate on accelerating ship production in support of defense and commercial shipbuilding projects.This strategic partnership aims to leverage the combined expertise and resources of both companies to advance technological
In a move that underscores how quickly artificial intelligence is moving from pilot projects to production systems in global shipping, Ocean Network Express (ONE) and MTI Ltd. have established a new joint venture, QUAVEO Company Limited, aimed squarely at fast-tracking digital transformation (DX) across maritime operations.
State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year supply deal will see Shell deliver about 400,000 metric tons a year of LNG to the Southeast Asian nation, according to a Petrovietnam Gas statement issued late on Tuesday.
Nearly 12 years after Malaysia Airlines Flight MH370 vanished with 239 people on board, the mystery remains unresolved. Later this month, a new seabed search is scheduled to begin in the southern Indian Ocean, renewing hopes that long-awaited answers may finally emerge.The Boeing 777 disappeared on March 8, 2014, while en route from Kuala Lumpur to Beijing.
Emirates Shipping Line (ESL) enters the US market with the launch of the Sun Chief Express (SCX).The Sun Chief Express (SCX) will directly connect Seattle, WA with Ho Chi Minh, and Shekou, while also providing wider coverage of Southeast Asia via these ports. ESL will leverage its intermodal solutions within the US market
American Bureau of Shipping (ABS) and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) that opens the door for joint development projects to develop international naval ships.With the goal of achieving approval in principle, ABS will apply its goal-based and prescriptive requirements to three different types of naval ship designs from HHI
Ocean Network Express (ONE) and MTI have established a joint venture, QUAVEO, in Ho Chi Minh City, Vietnam. The new company aims to promote the digital transformation of operations and business models in container shipping by utilizing AI technology.ONE operates over 260 vessels and provides container transport services connecting over 120 countries globally.
CMA CGM has launched the first fully electric container barge in Vietnam, supported by the construction of a solar-powered charging station at the Cai Mep port, the country’s main container gateway near Ho Chi Minh City.As part of this initiative, CMA CGM has signed an agreement with its long-standing partner Gemadept, a key logistics and port operator in Vietnam
Fairbanks Morse Defense (FMD) and HD Hyundai Heavy Industries (HHI) have signed a memorandum of understanding (MoU) to explore opportunities for collaboration on future international Navy initiatives.FMD has served the U.S. Navy, U.S. Coast Guard, and Military Sealift Command for nearly a century, providing a comprehensive portfolio of OEM parts, turnkey services and advanced marine technologies.