The U.S. military said on Monday it destroyed six Iranian small boats and intercepted Iranian cruise missiles and drones as Tehran sought to thwart a new U.S. naval effort to open shipping through the Strait of Hormuz.U.S. President Donald Trump launched the operation, called Project Freedom, on Monday as he sought to wrest control of the critical waterway from Iran
The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok said on Thursday during a parliamentary hearing.His remarks come after U.S. President Donald Trump wrote on social media last week that he had given approval for South Korea to build a nuclear-powered submarine and that it would be
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday.Beijing announced the sanctions on Tuesday as the U.S.
The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week
South Korea's HD Hyundai Heavy Industries is in talks with multiple companies about buying a U.S. shipyard, a senior company executive said, seeking to tap into President Donald Trump's push to revive America's ailing shipbuilding industry.The world's largest shipbuilder based on orders is targeting 3 trillion won ($2.2 billion) in annual revenue by 2035 from building warships for the U.S.
South Korea's HD Hyundai Heavy Industries, the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding market.With the merger, the company said it aims to lead U.S.-Korea shipbuilding cooperation projects touted during a recent summit between the leaders of the countries that Seoul has dubbed
Tourism in the Antarctic Peninsula is a niche but booming industry powered by deep-pocketed adventure-seekers travelling thousands of miles to marvel at penguin colonies and take "polar plunges" in sight of icebergs.But growing numbers of visitors bring risks including disease, invasive species and pollution to the delicate ecosystems of Antarctica and the remote sub-Antarctic islands that teem
The World Health Organization said on Tuesday that it suspects some rare human to human transmission of the deadly hantavirus took place between very close contacts on board a luxury cruise ship hit by seven confirmed or suspected cases.Human to human transmission is not common, and the U.N.
Medics were working on Monday to evacuate two people with symptoms of the deadly hantavirus after a suspected outbreak on a luxury cruise ship held off West Africa carrying mostly British, American and Spanish passengers, officials said.Around 150 people were still stuck on the vessel after three people - a Dutch couple and a German national - died, and others fell ill
Global stocks wavered on Tuesday, while oil prices were perched above $110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline for a deal to be reached kept nervy investors on the sidelines.Markets have been rattled since the U.S.-Israel war on Iran broke out at the end of February, with Tehran effectively closing the Strait of Hormuz
Marine technology company Alfa Laval UK has enhanced its dry-docking support services for shipowners, introducing pre-docking audits and customized spare parts packages designed to reduce turnaround times and extend fleet uptime.The initiative is part of the company’s strategy to turn dry-docking, typically seen as a cost burden
Warship builder TKMS has submitted a non-binding offer along with Norway for a multi-billion-dollar submarine contract from Canada, a company spokesperson told Reuters on Tuesday.The offer consists of around 1,500 pages and is supported by the governments of both countries.TKMS is one of two companies shortlisted by Canada to supply up to twelve modern submarines.