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Shipbuilding
Fincantieri Faces Setback as Navy Cuts Frigate Program
Fincantieri Marinette Marine (FMM) is grappling with significant changes following the U.S. Navy’s recent decision to scale back its Constellation-class…
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Marine Accident
Telematics Data Revolutionizes Fleet Safety Management
In a recent video feature by Business Reporter, Matt Scheuing, CEO of SambaSafety, emphasizes the transformative impact of telematics data…
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Bulk Carrier
New Zealand Man Sentenced to 20 Years for Cocaine Smuggling Attempt
A 31-year-old New Zealand man, Tamaohungia Joseph Tepatu-Edwards, has been sentenced to 20 years in prison for his role in…
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Shipbuilding
Hanwha Ocean Partners with Ontario to Revive Shipbuilding
In a significant move to bolster the shipbuilding industry in Canada, South Korea’s Hanwha Ocean has entered into cooperation agreements…
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Bulk Carrier
Safe Bulkers Reports Strong Financial Performance Amid Market Volatility
Cyprus-linked shipping company Safe Bulkers has demonstrated resilient profitability and improved liquidity in 2025, despite facing challenges in a volatile…
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Bulk Carrier
Costamare Bulkers Expands Fleet with New Acquisition and Vessel Sales
New York-listed Costamare Bulkers, a prominent Greek shipping company, is actively renewing its fleet by acquiring a modern ultramax vessel…
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Marine Accident
Tragic Migrant Incident Off Crete: Three Dead
Authorities reported a tragic incident off the coast of Crete, where the bodies of three migrants were recovered during a…
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Marine Accident
Congressman’s Careless Words Cost Submariners Lives
In a troubling chapter of World War II history, a careless statement by Congressman Andrew J. May may have led…
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Marine Accident
Kookaburra Queen I Found Sinking in Brisbane
The Kookaburra Queen I, a beloved paddleboat in Brisbane, has been discovered partially submerged at its dock in Hemmant, raising…
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Marine Accident
Urgent Response Ordered After Fatal Ferry Collision
Prime Minister Pham Minh Chinh has mandated immediate actions following a tragic ferry accident on Thac Ba Lake in Lao…
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