News
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INS Udaygiri, Himgiri showcase India’s growing shipbuilding prowess
New Delhi: The Indian Navy has officially commissioned two advanced Project 17A multi-mission stealth frigates, INS Udaygiri and Himgiri, on…
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South Korea pledges $150 billion to revive U.S. shipbuilding in bid to woo Trump
South Korean President Lee Jae Myung is prioritizing shipbuilding during his inaugural visit to Washington, D.C., announcing a significant investment…
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Samsung Heavy Industries Partners with U.S. Shipyard to Enter U.S. Maritime Market
Samsung Heavy Industries is making significant strides in the U.S. shipbuilding sector through a newly formed partnership with Vigor Marine…
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Solstad Offshore lands $65m in new vessel contracts
Norway’s Solstad Offshore has announced significant new contracts for two of its vessels, totaling $65 million. The company has secured…
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Shreeji Shipping Global shares list at 8% premium over IPO price
Shreeji Shipping Global made a strong entrance into the stock market on Tuesday, with shares opening at Rs 271.85 on…
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Piracy in Strait of Malacca, Singapore Strait surges nearly fourfold in 2025, says anti-piracy watchdog
KUALA LUMPUR, Aug 26 — A dramatic rise in piracy and armed robbery incidents has been reported in the Strait…
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South Korea bets big on reviving troubled US shipbuilding to woo Trump
During his inaugural visit to the United States, South Korean President Lee Jae Myung is emphasizing a commitment to revitalizing…
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Ukraine targets Russia’s Ust-Luga port and Syzran refinery in latest wave of drone strikes
In a bold escalation of its military campaign, Ukraine has targeted key Russian oil and logistics facilities, launching drone strikes…
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TGS clinches streamer contract in Indonesia
Oslo-based TGS has announced a significant offshore seismic data acquisition contract in Indonesia, covering an area of approximately 10,000 square…
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Champion Tankers takes options on final two MR newbuilds in China
Norway’s Champion Tankers has successfully concluded its latest fleet renewal initiative by confirming options for two additional MR tankers from…
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