Breaking news
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Shipbuilding
U.S. Urged to Revive Shipbuilding Amid Chinese Competition
Industry experts testify before Senate subcommittee on urgent need to rebuild U.S. shipbuilding capacity in response to Chinese dominance. Industry…
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Shipbuilding
Borr Drilling Secures Multi-Year Rig Contracts in Mexico
Borr Drilling has successfully secured contract extensions for three of its offshore jackup rigs operating in Mexico, strengthening its partnership…
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Shipbuilding
UK Sets £1.08bn Budget for Offshore Wind Auction
The UK government has announced a substantial budget of £1.08 billion ($1.44 billion) for developers participating in the upcoming AR7…
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Bulk Carrier
Efnav Expands Fleet with Six New Bulk Carriers
Greek shipping company Efnav is making significant strides in the dry bulk sector by ordering six kamsarmax bulk carriers from…
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Shipbuilding
Agricore Expands Fleet with Cape Aqua Acquisition
Chinese dry bulk giant Agricore has confirmed its purchase of the 178,100 dwt vessel Cape Aqua, built in 2009 by…
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Bulk Carrier
Safe Bulkers Awards Scholarships to Future Leaders
Safe Bulkers Inc., a prominent shipping company listed on the New York Stock Exchange and led by CEO Polys Hajioannou,…
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Shipbuilding
Queue times for commodity vessels off Chinese ports hit highs not seen since 2022
As tensions rise between the U.S. and China, a crucial meeting between President Donald Trump and President Xi Jinping is…
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Shipbuilding
Efnav Expands Fleet with Six Eco-Friendly Bulk Carriers
Greek shipping company Efnav is set to enhance its dry bulk fleet by ordering six kamsarmax bulk carriers from Hengli…
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Bulk Carrier
Everllence Secures Major Engine Order from Dynacom Tankers
Everllence has announced a significant contract to supply two 6G70ME-C Mk10.7 engines for two 159,000 dwt crude oil tankers being…
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Decarbonization
Singapore and China Launch Green Shipping Corridor
In a significant move towards sustainable maritime practices, Singapore and China have formalized their collaboration by signing a Memorandum of…
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