STX Shipbuilding Co. reported second-quarter earnings climbed 15.3 per cent from a year earlier on increased demand for high-priced ships. Net profit reached $65.2 million in the April-June period, compared with a profit of 57.4 billion won a year earlier, the company said in a regulatory filing. Sales increased 54 percent to 711 billion won over the cited period, and operating income gained 54 percent to 29.1 billion won. (Source: Yonhap)
Sweden is asking a Chinese vessel to return to Swedish waters to help facilitate the Nordic country's investigation into…
The Federal Communications Commission voted 5-0 to propose new rules governing undersea internet cables in the face of growing…
The American Association of Port Authorities (AAPA) today announced its newly elected Board of Directors and officers who will serve for the 2024-2025 term. These port leaders…
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For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
Gas carrier reporting presents distinctive challenges due to the specialized nature of LNG cargo. From complex loading and unloading procedures to stringent safety regulations
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