Local news today
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Shipbuilding
RWE pens $3.7bn Apollo deal for stake in German TSO
German energy company RWE has formed a strategic alliance with US asset manager Apollo Global Management to secure funding for…
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News
400 war-hit ships eyed for recycling
Pakistan is set to receive nearly 400 ships from Russia and Ukraine for dismantling at the Gadani shipbreaking yard, as…
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Shipbuilding
Spanish ports closed to arms for Israel
Spain has implemented a ban on ships and aircraft transporting weapons or military-grade fuel to Israel, a decision prompted by…
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Bulk Carrier
MOL Develops Innovative Designs for Wind-Assisted LNG Carriers
Mitsui O.S.K. Lines (MOL) is making significant strides in wind-assisted propulsion technology, following the successful deployment of its first rigid,…
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Bulk Carrier
Ubuntu fleet keeps Anglo American shipping going green
Anglo American’s shipping chief, Peter Lye, expressed confidence in the company’s Ubuntu fleet, which consists of ten LNG dual-fuel capesize…
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Shipbuilding
Ningbo Ocean Shipping looks to Singapore for global fleet expansion
Ningbo Ocean Shipping has announced a significant investment of approximately CNY2.9 billion ($406.5 million) through its Singapore subsidiary, aimed at…
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Bulk Carrier
Erik Thun: Fifth hybrid vessel touches water at Dutch
Erik Thun has unveiled its latest addition to the Lake Vänern Max series, a new eco-friendly vessel named Kolland, at…
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Bulk Carrier
Russian Shipbuilding Faces Crisis as USC Sells Off Yards
The United Shipbuilding Corporation (USC) is set to sell several of its shipyards that currently lack orders, according to Chairman…
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Classification News
Risk-based fire safety notation for container ships
Lloyd’s Register (LR) has launched Fire (C, Risk), a new risk-based notation developed to enhance the assessment of fire safety…
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Shipbuilding
U.S. visa roadblock creates speed bump for Korea’s billion-dollar investments
A recent immigration enforcement operation in Georgia has significantly impacted the operations of a joint battery plant established by LG…
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