Breaking news
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Shipbuilding
Global Container Shipping Faces Empty Crisis
Recent analysis by Danish consultancy Sea-Intelligence reveals a concerning trend in global container shipping: 41% of container transport currently consists…
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Shipbuilding
Maryland offshore wind project permit challenged in federal court
The Trump Administration has taken legal action to overturn a permit granted for US Wind’s Maryland Offshore Wind project, previously…
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Shipbuilding
Australia to Spend $8 Bln on Nuclear Submarine Shipyard Upgrades
Australia has announced a significant investment of 12 billion Australian dollars (approximately $8 billion USD) aimed at modernizing and expanding…
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Bulk Carrier
CSL Group Launches Innovative Hybrid Vessel
CSL Group has unveiled its newest vessel, the CSL Flexvik, a hybrid self-loading and unloading ship designed to enhance marine…
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Shipbuilding
Subsea7 scores Aramco contract worth up to $1.25bn
Subsea7, a leading global contractor, has secured a significant engineering, procurement, construction, and installation (EPCI) contract from Saudi Arabian Oil…
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Shipbuilding
Hengli Heavy seals deal for up to four VLCCs
Hengli Heavy Industries, a prominent Chinese shipyard, has clinched a significant contract with a European shipowner for the construction of…
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Shipbuilding
Zhongxin Funeng seals boxship newbuild quartet
In a significant move for the shipping industry, Anhui Zhongxin Funeng Shipping has announced the order of four new containerships…
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Shipbuilding
Minerva Marine firms up feeder options at Yangzijiang
Minerva Marine has announced the addition of two feeder container ships to its orderbook at Yangzijiang Shipbuilding, bringing its total…
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Shipbuilding
CY Shipping and BigLift double down on heavylift fleet expansion
CY Shipping and BigLift Shipping are set to enhance their joint fleet with the addition of two new heavylift vessels,…
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Bulk Carrier
HMM signs $309 mil. shipping deal with Brazil’s Vale
HMM, South Korea’s leading shipping company, announced on Friday that it has finalized a significant transportation agreement worth 430 billion…
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