Local news today
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Shipbuilding
US-South Korea Boost Shipbuilding Ties
In a significant development following last week’s summit, the collaboration between South Korea and the United States in shipbuilding is…
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Shipbuilding
US Navy launches monster assault ship with 1.2 million-pound payload capacity
Austal USA has made significant strides in its steel shipbuilding capabilities with the launch of its first Landing Craft Utility…
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Shipbuilding
Finnish Navy’s Third Corvette Enters Production
On August 26, 2025, Rauma Marine Constructions (RMC) celebrated a significant milestone with the steel-cutting ceremony for the Finnish Navy’s…
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Shipbuilding
Royal Caribbean’s Newest Ship, Legend of the Seas, Is Coming Next Year
Royal Caribbean has announced the upcoming launch of its latest cruise ship, Legend of the Seas, which is set to…
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Decarbonization
Furetank Leads Shipping Emission Cuts with Biogas
In a significant move towards sustainable shipping, Swedish tanker company Furetank is pioneering efforts to reduce greenhouse gas emissions through…
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Bulk Carrier
USCG Lifts Hatch Cover as It Investigates Baltimore Bulker Explosion
In a significant development following the explosion on the bulk carrier W-Sapphire, authorities successfully retrieved the hatch cover that was…
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Bulk Carrier
Panamax Freight Rates Dip After Two-Week Surge
After a steady climb over the past two weeks, average spot rates for panamax bulkers experienced a slight decline on…
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Bulk Carrier
TSB: Fuel Leak Due to Casual Repair Caused Fire on Canada’s Oldest Laker
A recent report from the Transportation Safety Board of Canada (TSB) reveals alarming details about a fire that erupted on…
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Bulk Carrier
Ship Management Transforms Amid Industry Challenges
The ship management industry is undergoing a significant transformation as it adapts to modern challenges such as geopolitical tensions, technological…
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Shipbuilding
SCFI blip can’t mask deepening container carnage ahead of Q4
Despite a brief uptick in the Shanghai Containerized Freight Index (SCFI), container shipping lines are bracing for significant financial losses…
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