Spanish ferry operator has reached an agreement with the owners of the shipping company Armas Trasmediterránea to acquire its business in the Canary Islands, the Alboran Sea, and part of the Strait of Gibraltar.

Singapore-based commodity trading company Trafigura signed a long-term agreement to supply liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS) – the Republic of Korea’s national gas company and a large importer of LNG.

Nasdaq-listed Capital Clean Energy Carriers Corp. (CCEC) inked an agreement for the sale of a neo-panamax 13,312-teu container vessel and secured financing for four dual fuel 45,000 cbm and two dual fuel 40,000 cbm medium gas carriers under construction.

South Korean President Lee Jae Myung has pledged to revitalize the U.S. shipbuilding industry during his official visit to the United States.

HD Hyundai signed on Monday a memorandum of understanding (MOU) to establish a multi-billion-dollar investment program to revitalize the U.S.

The South Korean shipbuilder has partnered with Cerberus to explore investments in US shipyards, ports, and maritime technology.