News
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New Ship Orders Slump Amid US-China Tensions and IMO Vote
New ship orders have reached a historic low in early 2025 as shipowners hesitate to commit to long-term investments due…
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Korea, No. 2 in shipbuilding order by volume, looks to spur sales with container
In May, South Korea secured the second-largest volume of shipbuilding orders globally, trailing only China, despite a significant decline in…
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MOL Announces Plans to Retire Pioneering Japanese Cruise Ship
MOL Cruises, the leisure operation for Japan’s Mitsui O.S.K. Lines, has announced plans to retire its iconic cruise ship, Nippon…
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Corvus Energy partners with HD Hyundai Mipo for AiP on new
Corvus Energy, a leader in zero-emission maritime solutions, has partnered with HD Hyundai Mipo to unveil a groundbreaking green product…
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Maritime Protection Secures Record €22.7m Contract For Inert
Maritime Protection, a division of Survitec specializing in inert gas systems, has landed a landmark contract worth €22.7 million. The…
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What are rotor sails and how do they work?
The Port of Vancouver recently welcomed a unique vessel, the Chinook Oldendorff, which is equipped with cutting-edge rotor sails designed…
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Panama Canal Sees Post-Drought Spike in Container Shipping
The Panama Canal is experiencing a remarkable increase in container ship traffic, outpacing the Suez Canal as it struggles to…
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South Africa to Establish Steering Committee for National
South Africa’s Department of Transport has taken significant steps toward establishing a national shipping line, a plan that has been…
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Spain Extends Financial Incentive Program to Support Shipbuilding Industry
The Spanish government has approved an extension of its financial support program aimed at bolstering the shipbuilding and repair sector.…
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Wärtsilä Fit4Power solution to deliver significant fuel
Technology group Wärtsilä will supply a conversion package featuring the company’s Fit4Power radical derating solution for the containership ‘ONE Maestro’.…
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