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Carbon Tax

The United Nations is Rolling Out Climate Taxes on You

October 15, 2025 Clark Savage

In a move that could reshape global trade and hit everyday Americans right in the wallet, the United Nations’ International Maritime Organization (IMO) is on the verge of approving a so-called “net-zero framework” for shipping. […]

Finance

Seatrium offloads US shipyard to Karpowership

September 24, 2025 Stu Turley

Seatrium Singapore shipyard group Seatrium has sold its AmMFELS yard located at Brownsville, Texas, for a consideration of S$65m ($50.6m) to Karpower Valley, a related party of Karpowership. Seatrium stated that the accretive divestment would […]

HD Hyundai
Press

HD Hyundai eyes US yard in bid to cash in on Trump’s shipbuilding revival

September 20, 2025 Mariel Alumit

South Korea’s HD Hyundai Heavy Industries has confirmed it is in talks with multiple firms to buy a US shipyard, a move aimed at tapping into Washington’s resurgent naval build-up under president Donald Trump. A […]

HD Hyundai
Finance

More details emerge about HD Hyundai yard merger

August 29, 2025 Mariel Alumit

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of the HD Hyundai shipbuilding empire, has provided more details of the decision to merge its two flagship yards. Splash reported yesterday on the […]

Finance

Hanwha bankrolls Philly revival in showpiece of Korea-US shipbuilding pact

August 28, 2025 Mariel Alumit

Hanwha Group has unveiled a $5bn expansion plan for Hanwha Philly Shipyard as well as ordering 10 tankers to be built in Philadelphia, in a landmark moment for Korea-US industrial cooperation designed to revive American […]

Hanwha
Exports

Hanwha pens deal with its US yard to build second LNG carrier

August 28, 2025 Mariel Alumit

Hanwha Ocean said on Wednesday that it has signed a contract to build one LNG carrier worth 346.6 billion won ($250 million) with its affiliate, Hanwha Philly Shipyard. The vessel is scheduled for delivery by […]

HD Hyundai
Finance

HD Hyundai buys Doosan’s Vietnam yard for $207m

August 22, 2025 Mariel Alumit

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility, in a transaction worth 290bn […]

Samsung Heavy
Finance

Samsung Heavy bags orders for six LNG carriers

August 19, 2025 Mariel Alumit

Samsung Heavy said on Monday that it will build the LNG carriers for unidentified owners in Oceania. Under the first order, Samsung Heavy will build four LNG carriers for 1.43 trillion won ($1.04 billion), or […]

Carbon Tax

Is Germany About to Tax Your Sun Use? – ENB Weekly Recap

August 16, 2025 Andy Del Prado

This was a crazy week on the news desk. Check out the Energy News Beat Substack on the Alaskan Summit we put out this morning. Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases […]

HD Hyundai
Press

HD Hyundai’s new Philippine yard to open in January with capacity for 10 ships a year

August 14, 2025 Mariel Alumit

South Korea’s HD Hyundai is set to start shipbuilding in the Philippines from January next year, with a revamped Subic Bay yard capable of turning out up to 10 vessels annually. The shipbuilding giant has […]

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