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Shipbuilding
INSV Kaundinya Embarks on Historic Maiden Voyage to Oman
The Indian Navy’s innovative stitched sailing vessel, INSV Kaundinya, has set sail on its inaugural overseas journey from Porbandar, Gujarat,…
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Shipbuilding
U.S. Struggles to Compete with China’s Shipbuilding Dominance
As of December 30, 2025, the United States is facing significant challenges in the shipbuilding sector, particularly in light of…
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Bulk Carrier
Belgium’s Mergers and Acquisitions Market Hits Record High
Belgium’s mergers and acquisitions (M&A) market has experienced a remarkable surge in 2025, with total deal values exceeding €46 billion.…
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Shipbuilding
India Unveils Ambitious Shipbuilding Financial Assistance Scheme
MUMBAI: The Ministry of Ports, Shipping and Waterways has announced new guidelines for a comprehensive shipbuilding financial assistance scheme, part…
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Bulk Carrier
Newbuilding Market Surges Despite Slow Year
The newbuilding market has shown remarkable resilience as it closed out 2025, despite an overall slowdown in contracting activity throughout…
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Bulk Carrier
Climeon Achieves Key Milestone with HeatPower 300 System
Climeon has successfully completed the Factory Acceptance Test (FAT) for its innovative HeatPower 300 system, marking a significant advancement in…
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Shipbuilding
Capital Clean Energy Carriers Expands LNG Fleet with New Orders
Capital Clean Energy Carriers (CCEC) has announced a significant expansion of its liquefied natural gas (LNG) fleet by placing an…
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Shipbuilding
DHT trims vintage tonnage with twin VLCC sale
Supertanker specialist DHT Holdings has announced the sale of two of its oldest Very Large Crude Carriers (VLCCs), the DHT…
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Shipbuilding
Indian Navy’s INSV Kaundinya Embarks on Historic Voyage
Prime Minister Narendra Modi extended his best wishes to the crew of INSV Kaundinya as the Indian Navy’s unique engineless…
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Shipbuilding
Spanish Investigators Uncover Nuclear Components in Ursa Major Sinking
A year after the Russian cargo ship Ursa Major sank in the Mediterranean, Spanish authorities have revealed that the vessel…
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