News
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World’s largest ECA to stretch from Portugal to Greenland
In a significant development, the Marine Environmental Protection Committee (MEPC) convened this week at the International Maritime Organization (IMO) and…
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South Korea considers role in U.S. LNG and defense shipbuilding plans
U.S. President Donald Trump recently engaged in discussions with South Korea’s acting President Han Duck-soo, proposing collaborative efforts in the…
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U.S. Maritime Strategy Aims to Revitalize Shipbuilding
In a significant move to bolster national security and economic stability, President Biden has issued a comprehensive executive order aimed…
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Defiant Drone Ship Gets Closer To Months-Long DARPA At Sea Demonstration
The U.S. military’s USX-1 Defiant, a cutting-edge medium-sized drone ship, is currently undergoing dockside trials in Washington state. Designed for…
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Sea-Air-Space: Private Equity Floats Role in U.S. Military and Commercial
The U.S. shipbuilding industry may soon see a significant transformation, driven by private equity investments and innovative business practices. At…
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GRSE shares down 2% despite MoU with Swan Defence & Heavy Industries
Garden Reach Shipbuilders & Engineers Limited (GRSE) has entered into a strategic partnership with Swan Defence and Heavy Industries Limited…
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DOF secures CSV work offshore Australia
Norwegian offshore vessel operator DOF has announced a significant contract for subsea mooring installation services in the Asia-Pacific region. The…
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Danish Tanker Group Monjasa Adds New Tanker to its Fleet
Danish tanker company Monjasa has announced the addition of a new vessel, the Hafnia Pegasus, to its growing fleet. This…
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ADES renews suspended jackup deal for 10 years
Saudi oil and gas driller ADES has successfully renewed a significant contract for one of its offshore jackup rigs that…
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Marinakis readies $1.6bn boxship series in South Korea
Evangelos Marinakis, the Greek shipping magnate, is embarking on a significant expansion in the maritime sector with plans for new…
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