HD Hyundai Heavy Industries has launched its first U.S. Navy vessel overhaul project in Ulsan, signaling deeper defense and shipbuilding cooperation between South Korea and the United States.
United Heavy Lift (UHL) will see a major leadership transition as Managing Director Lars Bonnesen steps down at the end of 2025, transferring his shares to United Shipping Group. The move aligns with UHL’s new strategic focus on fleet investments and newbuilding programmes.
A Dutch-flagged general cargo ship, Minervagracht, was struck by an explosive device in the Gulf of Aden, causing a fire onboard and forcing the crew to evacuate. Two seafarers were injured, raising renewed concerns over maritime safety in the region.
