News
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Trump Budget Would Slash Some Construction Spending, Boost Transportation
The White House has unveiled a controversial proposal to cut $163 billion from non-defense spending in its 2026 discretionary budget…
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First European built offshore CO₂ Carrier to Be Christened
A groundbreaking CO₂ carrier is currently under construction at the Royal Niestern Sander shipyard in the Netherlands, marking a significant…
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Navy Modifies $18.45B Contract Awarded to GDEB, HII for Virginia-Class
The Naval Sea Systems Command has announced a significant contract modification to General Dynamics Electric Boat and Huntington Ingalls Industries,…
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Op-Ed: The hidden threat in America’s shipbuilding revival
The United States is initiating a significant revival of its shipbuilding industry, spurred by increasing global maritime competition and renewed…
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Dong Fang Offshore orders third CSOV from Vard
Taiwanese company Dong Fang Offshore (DFO) has placed an order for an additional commissioning service operation vessel (CSOV) from Vard,…
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Allseas taps Wuchang Shipbuilding for offshore vessel duo
Swiss marine construction leader Allseas has made a significant investment by ordering two state-of-the-art offshore construction vessels from China’s Wuchang…
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Premuda seals management buyout
Premuda, a prominent Italian tanker and bulker operator, has successfully completed a management buyout led by its top executives, including…
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CORE POWER: SHIPS for America Act will inject capital into US shipbuilding,
CORE POWER, a UK-based maritime nuclear innovation firm, is advocating for the reintroduction of the SHIPS for America Act in…
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Navigator fixes $300m of new financing
Navigator Holdings, a prominent player in the liquefied gas shipping industry, has successfully arranged $300 million in new financing aimed…
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HM Customs seizes 120kg of cocaine from bulk carrier in
In a significant drug interception, Gibraltar customs officials have seized 120 kilograms of cocaine hidden aboard a Panamanian-flagged bulk carrier.…
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