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Shipbuilding
Australia Commences $3.9 Billion Submarine Yard Construction
On February 15, 2026, Prime Minister Anthony Albanese announced a significant investment of $3.9 billion to kickstart the full-scale construction…
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Bulk Carrier
NYK’s Methanol-Fuelled Bulk Carrier Achieves Significant GHG Emission Reduction
Japanese shipping giant NYK has announced a groundbreaking achievement in maritime sustainability. The company’s methanol-fuelled bulk carrier, named *Green Future*,…
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Shipbuilding
Yinson Launches Floating Storage Unit for Vietnam Oil Field
Yinson Production, a subsidiary of Yinson Holdings based in Kuala Lumpur, has successfully launched a floating storage and offloading (FSO)…
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Marine Accident
Technical Issues Lead to Cancellations for Ferry ‘Himmeltind’
The ferry ‘Himmeltind’, which operates on the Rødøy route, has recently faced multiple technical issues leading to cancellations of its…
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Bulk Carrier
Energy Efficiency in Maritime Transport: A Key to Lower Emissions
The maritime transport sector plays a crucial role in global trade, moving 70-80 percent of internationally traded goods daily. Recent…
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Bulk Carrier
Diana Shipping Secures New Charter for Bulk Carrier Phaidra
Diana Shipping Secures New Charter for Bulk Carrier Phaidra Diana Shipping, a prominent Greek shipping company listed on the New…
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Shipbuilding
Columbia-Class Submarine Delivery on Track for 2028
The U.S. Navy’s first Columbia-class submarine, the District of Columbia, is set for delivery in 2028, according to Rear Adm.…
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Marine Accident
Efforts Underway to Control Diesel Spill After Fishing Vessel Sinks
The fishing vessel ‘Nueva Santa Irene’ sank on February 10 in O Grove, Pontevedra, while carrying 11 tons of diesel.…
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Bulk Carrier
Maran Dry Management Expands Fleet with New Capesize Orders
Maran Dry Management has made a significant move in the maritime industry by re-entering the newbuilding market. The company, part…
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Shipbuilding
Korea-U.S. Shipbuilding Center Set for Washington
A new initiative aimed at enhancing cooperation between Korea and the U.S. in the shipbuilding and maritime sectors is on…
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