EU regulators will reportedly open an in-depth investigation of the acquisition by South Korea's STX Shipbuilding of a controlling stake in Norway's Aker Yards, according to a Reuters report.
Earlier this year STX bought a nearly 40% stake in Aker Yards for $800m.
Related News
16 Oct 2026
Uncertain IMO Rules Weigh on Shipping’s Demand for Cleaner Marine Fuels
Shippers' appetite for lower-carbon marine fuels weakened this year as the fate of a regulatory emissions framework from…
15 Oct 2026
Keel Laid for Canada's Largest Polar Icebreaker
The 158-meter CCGS Imnaryuaq will feature 47 MW of installed power, diesel-electric propulsion and Polar Class 2 icebreaking capability…
14 Oct 2026
Shipyard of the Future will be Built on Robotics, AI
Fincantieri is accelerating the integration of robotics, artificial intelligence (AI) and automation across its global shipyard network…
13 Oct 2026
Sanmar Shipyards, NEMECA Sign BOĞAÇAY Tug Contract
Sanmar Shipyards has signed a contract with Greek towage operator NEMECA for the construction of a new BOĞAÇAY Class tugboat.
Sponsored Content
The Hidden Cost of Manual Barge Operations
Discover the operational costs hiding between your biggest transportation expenses.
Licensed Engineers Can Quickly Advance Their Earnings with MSC
Military Sealift Command (MSC) is looking to hire and onboard record numbers of licensed engineers—and its sign-on bonuses reflect that.