shipyards

Joe Biden’s China probe throws lifeline to South Korea and Japan shipyards

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Joe Biden’s try and problem Chinese language supremacy in business shipbuilding will in all probability do little to revive US shipyards, analysts say, but it surely might assist producers in South Korea and Japan stand up to competitors from Beijing. President Biden in April opened an investigation into alleged unfair Chinese language financial practices in … Read more

Samsung Heavy says it has stopped making blocks for Russian shipyard’s LNG carriers

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SEOUL: Samsung Heavy Industries mentioned on Tuesday it has stopped making blocks and gear for 10 out of 15 Arctic LNG carriers contracted with Zvezda. Samsung has been delivering blocks and gear for 5 of them to Zvezda, the Russian shipyard that’s assembling the carriers, after receiving South Korean authorities approval. Samsung is nearing the … Read more