Cruise Industry News
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Bulk Carrier
Overreliance on autopilot linked to multiple fishing vessel accidents
On June 9, 2021, the fishing vessel Sage Catherine Lane ran aground on the north jetty at the St. Marys…
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Shipbuilding
From Great Mills HS to Amphibious Assault Ship
A sailor from Lexington Park, Maryland, has achieved a significant milestone by advancing to the rank of chief petty officer…
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Shipbuilding
Himalaya switches newcastlemax brace to fixed deals
Himalaya Shipping is making significant strides in its earnings strategy by converting two more Newcastlemax vessels to fixed-rate charters. The…
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Shipbuilding
HD Hyundai Heavy and Hyundai Mipo to merge
In a significant move aimed at bolstering its presence in the U.S. naval and Arctic shipbuilding sectors, South Korea’s HD…
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Shipbuilding
Trial Begins for Officers of Russian Tanker in Cable Cut Case
The trial has commenced in Helsinki for the captain and two officers of the Russian-linked oil tanker Eagle S, who…
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Shipbuilding
Oil surplus drives tanker demand
As President Donald Trump seeks to resolve the ongoing conflict in Ukraine, oil markets are grappling with heightened geopolitical risks…
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Shipbuilding
Chinese Demand Shifts Shipping Earnings in August
In August, the shipping market witnessed notable fluctuations, largely driven by Chinese demand for commodities. While Chinese buyers continued to…
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Shipbuilding
Maine Maritime Academy’s New Federal Training Vessel Christened at Hanwha Philly Shipyard
The U.S. Maritime Administration (MARAD) recently marked a significant milestone with the christening of the State of Maine at Hanwha…
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Shipbuilding
Hanwha to boost capacity at Philly Shipyard with $5 billion expansion
In a significant move to bolster its presence in the U.S. maritime industry, Hanwha Group has announced a $5 billion…
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Shipbuilding
Hanwha Group Unveils $5 Billion Shipyard Investment
South Korea’s Hanwha Group has announced a significant $5 billion investment plan for the Hanwha Philly Shipyard, marking a crucial…
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