With cruise ship orders increasing and the current orderbook value standing at US $47.6billion, the cruise shipbuilding sector still continues to be dominate.
Two of the agreements cover time charter parties; one provides for a change of charterer and the other a change of owner. The third agreement deals with a change of buyer under a shipbuilding contract.
Australia will speed up plans to build more naval vessels in domestic shipyards, Prime Minister Malcolm Turnbull said on Monday, making an announcement that could find favour with voters just weeks ahead of a likely federal election.
Daewoo shipyard of South Korea is planning to use innovative robotic exoskeletons to makes its workflow productive. The “Iron Man” type exoskeletons, based on the Human- Robot interaction (HRI) technology will allow shipyard workers to lift heavy load with extreme ease. Read more about the technology inside the article.