Newport News Shipbuilding
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Shipbuilding
New Credit Note Scheme Boosts India’s Ship Recycling Industry
The Indian government has introduced a new ship recycling credit note scheme aimed at promoting vessel recycling and shipbuilding. Under…
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Shipbuilding
Scorpio Tankers Sells Four Vessels to Torm
In a significant move within the maritime industry, Scorpio Tankers has finalized the sale of four mid-range product tankers to…
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Bulk Carrier
Shipping Corporation Shares Plunge After Profit Drop
Shares of the Shipping Corporation of India (SCI) fell sharply by 7.3% to a low of Rs 247.25 on the…
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Decarbonization
Transition Industries Partners with MGC for Green Methanol Supply
Transition Industries LLC has secured a significant long-term agreement with Mitsubishi Gas Chemical Company, Inc. (MGC) for the supply of…
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Shipbuilding
Freire Shipyard Launches Diver Support Vessel for Spanish Navy
Freire Shipyard, a family-owned company in Spain, has officially laid the keel for its first diver support vessel, designated NC…
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Bulk Carrier
Wattlab Partners with Berge Rederi for Solar-Powered Bulk Carrier
Dutch solar innovator Wattlab has landed a significant contract with Norwegian shipping company Berge Rederi to equip the BRF Froan,…
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Bulk Carrier
Shipping Corporation Reports Significant Profit Decline
The Shipping Corporation of India Limited (SCI) has announced a substantial 35% drop in its consolidated net profit for the…
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Bulk Carrier
Shipping Corporation Declares Dividend Amid Profit Decline
The Shipping Corporation of India (SCI) announced a dividend of Rs 3 per share for the fiscal year 2026, with…
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Decarbonization
EU Unveils €2.9 Billion Green Fuel Initiative
The European Commission has announced a significant €2.9 billion investment plan aimed at boosting sustainable fuel production for aviation and…
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Shipbuilding
Jasvinder Singh Appointed Director of Hindustan Shipyard
In a significant leadership move, the Public Enterprise Selection Board (PESB) has recommended Shri Jasvinder Singh for the role of…
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