News
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Flex LNG hammers out $175m refinancing deal for LNG carrier
Flex LNG, backed by shipping magnate John Fredriksen, has successfully arranged a $175 million lease financing deal for its LNG…
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Australia’s plan to protect its trade in war is flawed
As tensions rise between the United States and China, Australia faces significant concerns regarding the safety of its trade routes.…
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Capital Maritime adds to Korean boxship newbuild series
Capital Maritime of Greece has solidified its position in the shipping industry by finalizing an order for two new 8,800…
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Mastering maritime complexity with APIs
The maritime industry is increasingly reliant on effective data management to enhance operational efficiency and maintain competitiveness. However, data fragmentation…
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Faster, greener shipping route launched in Vietnam
DP World, in collaboration with VIMC Container Lines Joint Stock Company, has unveiled the Mekong Express, a new coastal and…
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Industrial conglomerate ThyssenKrupp to be broken up
ThyssenKrupp, a leading global steelmaker, has announced a significant shift in its corporate strategy, aiming to transform itself into a…
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Turkey Launches Third Reis-Class AIP Submarine, Boosting Naval Modernization
The Turkish Navy has taken a significant step forward in its undersea warfare capabilities with the launch of the TCG…
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Dual-fuel Methanol Carrier Kohzan Maru VII Delivered –
On May 30, Mitsui O.S.K. Lines, Ltd. (MOL) celebrated the delivery of the Kohzan Maru VII, a groundbreaking methanol dual-fuel…
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Newport News Shipbuilding Immediately Furloughs 471 Salaried Employees
In a surprising turn of events, Newport News Shipbuilding has announced the immediate furlough of 471 salaried employees, representing about…
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US Navy to field ‘game-changer’ anti-ship Tomahawk by September
The U.S. Navy is set to introduce an anti-ship variant of its Tomahawk cruise missile on destroyers by late September…
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