Liberty Global Logistics (LGL) and Hyundai Glovis signed an Memorandum of Understanding (MoU) to evaluate the feasibility of developing and operating a small modular reactor (SMR)-powered Pure Car and Truck Carrier (PCTC), initially targeting service between the United States and South Korea.The MoU moves the nuclear-powered ship project beyond conceptual design toward examining the regulatory, infrastructure…
The future of shipbuilding and maritime competitiveness will be featured at the Maritime Risk Symposium 2026, hosted by the Institute for Homeland Security, Sam Houston State University. On June 2–3 at LyondellBasell Center for Petrochemical…
Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result…
