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April 29, 2025
Petrobras, the Brazilian state-owned energy giant, said that it was looking to attract new Chinese investment to Brazil's oil, gas and naval sectors, particularly, on Tuesday as its Chief executive Magda Chambriard visited the Asian country.
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April 28, 2025
Maeil Business Newspaper reports that the state-run Korea Development Bank of South Korea plans to sell its Hanwha Ocean shares. The newspaper, without citing any sources, reported that KDB planned to divide its 19,5% stake in the shipbuilder after a bookbuilding on Monday.
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April 28, 2025
On Monday, a senior South Korean official said that Seoul will not agree to a package of trade deals with Washington before the June 3 presidential elections. He also noted the challenges in reaching an agreement even by early July. Seoul's…
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April 24, 2025
Seoul's trade delegation announced after the first round in Washington that the United States and South Korea had agreed to create a package of trade measures aimed at removing any new U.S. duties before the reciprocal tariff pause is lifted in the month of July. Scott Bessent, U.S.
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April 24, 2025
Seoul's trade delegation announced that the United States and South Korea had agreed to develop a package of agreements aimed at removing any new U.S. duties before the reciprocal tariff pause is lifted in July. Scott Bessent, U.S. Treasury secretary…
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April 24, 2025
Treasury Secretary Scott Bessent described the U.S.-South Korea meeting as "very successful", after the two countries began trade negotiations with Seoul, which was seeking to reduce the tariffs that President Donald Trump wants to impose. Bessent…
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April 24, 2025
On Thursday, a South Korean delegation is expected to meet with U.S. counterparts for an initial round of trade negotiations. The agenda will likely include cooperation in shipbuilding, energy, and perhaps shared defence costs as Seoul seeks to lower tariffs. South Korea, facing 25% reciprocal U.S.
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April 28, 2025
On Monday, a senior South Korean official ruled out the possibility of a deal being reached with the United States before the presidential elections in the Asian nation on June 3. He also noted that reaching an agreement even by early July would be difficult.
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April 25, 2025
The Dutch prosecutor said that they summoned Damen Shipyards, a shipbuilder in the Netherlands, on suspicion of violating EU Sanctions against Russia. They also opened a separate corruption case against Damen Shipyards and its top executives. The company denied the accusations.
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April 25, 2025
According to a congressional aide and a document, Republicans in the U.S. Congress are planning to introduce a sweeping 150 billion dollar defense package. This will provide an initial boost of $27 billion to President Donald Trump’s controversial Golden Dome shield missile defense system.
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April 21, 2025
Han Duck-soo, the acting president of South Korea, said that he expects the trade talks to begin this week with the United States in Washington. However he added that the negotiations may not be simple. Han stated that the South Korean ministers of Finance and Industry will meet U.S. Treasury Sec.
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April 10, 2025
As U.S. President Donald Trump’s tariffs begin to take effect, there are new questions about the sale of nuclear submarines to Australia as part of the AUKUS Treaty. Washington is also concerned that the sale to Canberra could reduce the deterrence against China.
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April 9, 2025
Cheong In Kyo, South Korea's top Trade Envoy, said that President Donald Trump's tariff reprieve has provided room for negotiation as the country tries to reduce tariffs by talks. The trade ministry reported that Cheong had met with U.S. Trade…
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April 8, 2025
U.S. trade representative Jamieson Greer informed lawmakers on Tuesday that the proposed multimillion dollar fees for Chinese-built vessels docking at U.S. port may not be implemented in full and they might not be cumulative. Greer said at a…
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April 7, 2025
The companies announced on Monday that Huntington Ingalls, a U.S. military shipbuilder, and HD Hyundai Heavy Industries of South Korea have signed an agreement exploring opportunities to increase production for commercial and defense projects.
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April 6, 2025
Ukraine's officials reported that three women were injured, and several fires started in the aftermath of a Russian air strike on Mykolaiv, a region located in southern Ukraine. Vitaly Kim, the governor of Mykolaiv, posted on Telegram that the attack…
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April 2, 2025
Analysis of a satellite picture showed that North Korea's new warship class can accommodate dozens vertical launch cells for missiles the military has already developed. This would give their navy more power and create export opportunities.
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March 26, 2025
The Russian drone attacked the Ukrainian port city of Mykolaiv, which provides access to the Black Sea for the country. It also struck Kryvyi Rih. Ukrainian officials claimed that this was the biggest drone strike on the city in the war. On Tuesday…
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March 25, 2025
Renata Baruzzi said that the head of Petrobras' engineering, technology, and innovation department, Brazil, should be analyzing the appeal filed by India Shapoorjipallonji Energy this week in order to charter an off-shore oil production vessel.
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March 21, 2025
A poll conducted on Friday revealed that 72% of Americans said the U.S. could not remain dependent on China or other foreign shipbuilders. Morning Consult conducted a survey on March 10-12 of 2,204 adults for the Alliance for American Manufacturing.
