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Shipbuilding
Borr Drilling Secures Multi-Year Rig Contracts in Mexico
Borr Drilling has successfully secured contract extensions for three of its offshore jackup rigs operating in Mexico, strengthening its partnership…
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Shipbuilding
UK Sets £1.08bn Budget for Offshore Wind Auction
The UK government has announced a substantial budget of £1.08 billion ($1.44 billion) for developers participating in the upcoming AR7…
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Shipbuilding
Agricore Expands Fleet with Cape Aqua Acquisition
Chinese dry bulk giant Agricore has confirmed its purchase of the 178,100 dwt vessel Cape Aqua, built in 2009 by…
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Shipbuilding
Queue times for commodity vessels off Chinese ports hit highs not seen since 2022
As tensions rise between the U.S. and China, a crucial meeting between President Donald Trump and President Xi Jinping is…
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Shipbuilding
Efnav Expands Fleet with Six Eco-Friendly Bulk Carriers
Greek shipping company Efnav is set to enhance its dry bulk fleet by ordering six kamsarmax bulk carriers from Hengli…
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Decarbonization
Singapore and China Launch Green Shipping Corridor
In a significant move towards sustainable maritime practices, Singapore and China have formalized their collaboration by signing a Memorandum of…
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Shipbuilding
First-Ever Fully Autonomous River Cruise Completed
A groundbreaking milestone in maritime technology has been achieved as the luxury river cruise ship Lumière successfully completed the first-ever…
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Shipbuilding
Trump’s Asia Tour Boosts US-Korea Shipbuilding Alliance
This week, shipyard diplomacy takes center stage as former President Donald Trump embarks on a tour of Asia. A significant…
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IMO Advances Net Zero Framework Despite Delays
As the International Maritime Organization’s (IMO) Intersessional Working Group on Reduction of Greenhouse Gas (GHG) Emissions from Ships (ISWG-GHG 20)…
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Shipbuilding
Port shares limitations for cruise ship industry
The Port Authority of Guam is embarking on a significant transformation of its main facility in Piti, aimed at enhancing…
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