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Shipbuilding
Austal Defence Secures $2.8 Billion Army Contract
Austal Defence Australia has been awarded a significant contract to construct eight Landing Craft Heavy (LCH) vessels for the Australian…
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Bulk Carrier
Voyants Solutions to Conduct Feasibility Study for New Port in Andaman
MUMBAI: Voyants Solutions Pvt Ltd has been awarded the contract to perform a techno-commercial feasibility study for a deep-water dry…
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Marine Accident
PM Orders Urgent Response to Lake Accident
Prime Minister Pham Minh Chinh has taken swift action following a tragic inland waterway accident on Thac Ba Lake in…
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Marine Accident
Cargo Ship Experiences Water Ingress in Andernach Harbour
On February 23, 2026, at approximately 11:50 a.m., the Koblenz Integrated Control Center alerted the Andernach Water Police Station about…
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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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