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Shipbuilding
Coast Guard Moves to Boost Icebreaker Fleet
The U.S. Coast Guard is taking significant steps to enhance its icebreaker fleet with the upcoming acquisition of new vessels…
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Shipbuilding
Floating data centres become a new segment for shipping to pursue
The surge in global data processing and storage needs is driving innovation in the tech industry. As land-based infrastructure faces…
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Shipbuilding
EnerMech wins two-year deal at BP Trinidad and Tobago
EnerMech, a UK-based oilfield services company, has successfully secured a two-year extension for its contract with BP Trinidad and Tobago.…
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Shipbuilding
‘Unexciting’ container market sees liner CFOs adjusting full-year forecasts
The global container shipping market is bracing for a challenging second half of 2025, as weak demand, overcapacity, and fluctuating…
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Shipbuilding
Diana Shipping reaches near 10% stake in Genco
In a significant move within the shipping industry, Greek dry bulk owner Diana Shipping has expanded its investment in Genco…
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Shipbuilding
Electricity blackouts are a blessing for shipping
As the world pushes towards renewable energy, a surprising trend emerges in the shipping sector: an increasing reliance on fossil…
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Shipbuilding
(LEAD) HD KSOE’s Q2 net profit up 25 pct on strong ship sales
SEOUL, July 31 (Yonhap) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced a significant 25% increase in…
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Naval
GRSE Delivers its 801st Vessel—‘Himgiri’, an Advanced P17A Frigate to Indian Navy
Kolkata (July 31, 2025): In a historic achievement, Garden Reach Shipbuilders and Engineers (GRSE) Ltd delivered Himgiri, the Advanced Guided-Missile…
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Shipbuilding
Korea and U.S. finalize $150 billion shipbuilding cooperation package ahead of August deadline
In a significant development for the shipbuilding industry, South Korea and the United States have finalized a tariff agreement that…
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Shipbuilding
Ardmore snaps up trio of modern MR tankers
Ireland-based Ardmore Shipping is enhancing its product tanker fleet by acquiring three modern MR vessels for nearly $104 million. The…
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