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Shipbuilding
DOF Secures $200M Petrobras Contracts in Brazil
Norwegian offshore vessel operator DOF has secured two significant long-term contracts with Petrobras, Brazil’s state-owned oil company. The agreements involve…
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Shipbuilding
JPMorgan Chase Launches $1.5 Trillion Security Initiative
JPMorgan Chase has unveiled a groundbreaking $1.5 trillion Security and Resiliency Initiative aimed at bolstering national economic security. The initiative…
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Shipbuilding
TS Lines Exits Transpacific Trade Amid Rate Declines
TS Lines is set to withdraw from the transpacific shipping market next month, marking a significant shift in its operations.…
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Shipbuilding
Ukrainian Cargo Ship Eileen Sinks in Black Sea
A Ukrainian cargo ship named Eileen sank in the Black Sea near Bulgaria on Sunday, October 12. The vessel sent…
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Shipbuilding
Cochin Shipyard Secures Major LNG Vessel Order
Cochin Shipyard Limited (CSL) has announced a significant achievement, securing a mega order from a leading European client for the…
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Shipbuilding
Cochin Shipyard Secures Major European Vessel Order
Cochin Shipyard Ltd (CSL) has announced a significant contract with a leading European client for the design and construction of…
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Shipbuilding
Shipping Industry Embraces AI and Sustainability
As the maritime sector prepares for a new investment cycle, global shipowners, shipyards, and suppliers are focusing on fleet efficiency,…
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Shipbuilding
Cochin Shipyard Secures ₹2,000 Crore Order
Cochin Shipyard Limited (CSL) has announced a significant contract worth over ₹2,000 crore from a leading European client. The order…
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Shipbuilding
Funding to Build First Ship Tunnel Withdrawn by Norwegian Government
Norway has announced the suspension of its groundbreaking ship tunnel project, citing prohibitive costs as the primary reason. Prime Minister…
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Shipbuilding
Ship Repair Demand Surges Amid Fleet Ageing
Global ship repair activity has seen a significant increase of 7% this year, outpacing the growth of the overall fleet,…
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