News
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Caspian Shipyard Attracts UAE and Uzbekistan Interest
The Caspian Shipyard in Azerbaijan is gaining international attention as the UAE and Uzbekistan seek to collaborate on ship construction…
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AD Ports awards container vessels contract to Baku Shipyard
AD Ports Group has recently awarded a contract to Baku Shipyard in Azerbaijan for the construction of two 780 TEUs…
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Harland & Wolff Delays Shipbuilding for Royal Navy
Harland & Wolff’s Belfast shipyard will miss the deadline to commence work on a significant £1.6 billion contract with the…
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Artifacts Unearthed from Britannic Shipwreck
More than a century after its tragic sinking, the wreck of the Britannic, the Titanic’s sister ship, has yielded a…
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BSC to acquire two ships for $77 million
The Bangladesh Shipping Corporation (BSC) has finalized a significant agreement to purchase two new ships from Hellenic Dry Bulk Ventures…
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VARD Launches Second Hybrid Power Vessel for Island Offshore
Norwegian shipbuilder VARD has officially laid the keel for the second hybrid power ocean energy construction vessel (OECV) for Island…
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Foundamental Launches Third Fund, Targets Indian Market
Berlin and Mumbai-based venture capital firm Foundamental has unveiled its third fund, focusing on investments in construction technology and related…
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China Regulates Shipbuilding Growth Amid Global Dominance
China is taking proactive measures to manage its shipbuilding capacity, aiming to prevent an oversupply in a sector where it…
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Baker Hughes secures Petrobras contract extension for vessel duo
Oilfield services leader Baker Hughes has finalized a multi-year contract with Petrobras, extending the deployment of two advanced stimulation vessels.…
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MV Densa Lion Arrested At Paradip Port For Outstanding Dues
In a significant legal development, the bulk carrier MV Densa Lion has been detained at Paradip Port following an order…
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