News Archives

NV Tech DeskSeptember 15, 2025

World Shipping Council deploys AI in fight against misdeclared cargoes

The World Shipping Council (WSC) has unveiled its new Cargo Safety Program, aimed at tackling the critical issue of misdeclared…

South Korea to Subsidize Construction of Ice-class Vessels and Expand Port in

NV Tech DeskSeptember 15, 2025

South Korea Invests Billions in Arctic Shipping Hub

South Korea is taking significant steps to position itself as a key player in Arctic shipping. The government, led by…

NV Tech DeskSeptember 15, 2025

Global Container Shipping Faces Empty Crisis

Recent analysis by Danish consultancy Sea-Intelligence reveals a concerning trend in global container shipping: 41% of container transport currently consists…

NV Tech DeskSeptember 15, 2025

Maryland offshore wind project permit challenged in federal court

The Trump Administration has taken legal action to overturn a permit granted for US Wind’s Maryland Offshore Wind project, previously…

Australia to Spend Bln on Nuclear Submarine Shipyard Upgrades

NV Tech DeskSeptember 15, 2025

Australia to Spend $8 Bln on Nuclear Submarine Shipyard Upgrades

Australia has announced a significant investment of 12 billion Australian dollars (approximately $8 billion USD) aimed at modernizing and expanding…

Yukta SharmaSeptember 15, 2025

CSL Group Launches Innovative Hybrid Vessel

CSL Group has unveiled its newest vessel, the CSL Flexvik, a hybrid self-loading and unloading ship designed to enhance marine…

Subsea7 scores Aramco contract worth up to .25bn

NV Tech DeskSeptember 15, 2025

Subsea7 scores Aramco contract worth up to $1.25bn

Subsea7, a leading global contractor, has secured a significant engineering, procurement, construction, and installation (EPCI) contract from Saudi Arabian Oil…