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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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Bulk Carrier
Safe Bulkers posts $1.7m profit in Q2 despite weaker rates and higher costs
Safe Bulkers, a Limassol-based shipping company listed on the New York Stock Exchange, has managed to report a profit in…
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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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Classification News
LR and Anemoi publish new report to advance standardisation of wind propulsion performance methodology
Anemoi Marine Technologies, a leader in wind-assisted propulsion technology, has developed an in-service performance verification process that reduces cost and…
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Classification News
LR secures in-service submarine contract to support UK Ministry of Defence
LR has announced a significant milestone in its naval assurance services, having secured a 12-month in-service submarine support contract from…
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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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Classification News
LR appoints Edward Koo as Strategic Business Partner
Lloyd’s Register (LR) has announced the appointment of Edward Koo as its new Strategic Business Partner and Senior Responsible Person…
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Classification News
ABS Consulting Drives Innovation in Enterprise Asset Management through Strategic Relationship with Ultimo
Houston – ABSG Consulting Inc. (ABS Consulting), a global leader in risk management and enterprise asset management, has announced a…
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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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