Local news today
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Shipbuilding
Subic Bay Shipyard Re-Opens after U.S., South Korean Investments
The Philippines has officially reopened the HD Hyundai Heavy Industries shipyard in Subic Bay, thanks to significant investments from South…
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Shipbuilding
OVP Shipping pens debut boxship order
Hong Kong-based OVP Shipping has made a significant move to enhance its capacity by ordering four new 4,350 TEU containerships…
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Shipbuilding
Ernst Russ and Eimskip team up for boxship newbuilds in China
German shipping company Ernst Russ has partnered with Icelandic carrier Eimskip to enhance their joint venture, ElbFeeder, by acquiring new…
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Shipbuilding
Ørsted sues US over offshore wind project stop-work order
Danish energy firm Ørsted and its partner Skyborn Renewables have initiated legal action in the DC District Court to overturn…
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Shipbuilding
City Breaks Ground on New Cruise Ship Dock
Milwaukee is taking significant steps to enhance its cruise tourism appeal with the groundbreaking of a new dock aimed at…
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Bulk Carrier
Land-Based Tests Underway for Seawing Automated Kite System
Kawasaki Kisen Kaisha, known as “K” LINE, has announced significant progress in the development of its innovative Seawing kite system.…
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Bulk Carrier
Russia: First NSR International Boxship Route to Start as Box Volume Grows
Russian officials are emphasizing a significant uptick in shipping activity along the Northern Sea Route (NSR), particularly for containerships. In…
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Bulk Carrier
G E Shipping signs deal to buy Kamsarmax dry bulk carrier
The Great Eastern Shipping Company (G E Shipping) has announced a significant addition to its fleet, contracting to purchase a…
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Shipbuilding
US threatens tariffs and port levies to sink IMO green deal
The United States is intensifying its diplomatic efforts to persuade both allies and rivals to reject a significant United Nations…
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Shipbuilding
Safety, shipping and capital markets
Recent findings from Allianz’s annual safety and maritime review for 2024 reveal a significant decline in total losses within the…
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