News
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Frontline Secures High-Value Charters for VLCCs
Frontline, a prominent player in the maritime industry controlled by John Fredriksen, has made headlines by securing one-year time charters…
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Shipbreaking Industry’s Environmental and Human Toll in Bangladesh
Every day, the coastal region of Sitakunda, Bangladesh, witnesses the dramatic dismantling of ships, a process that poses significant environmental…
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Canadian Defense Minister Evaluates Hanwha Ocean’s Submarine Capabilities
SEOUL, Feb. 2 (Yonhap) — Stephen Fuhr, Canada’s minister responsible for defense procurement, visited Hanwha Ocean Co.’s shipyard in Geoje,…
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Tragic Incident Aboard Bulker Off Buenaventura Coast
Colombia’s maritime authority has confirmed a tragic incident involving the geared bulker *Cetus Narwhal*, which resulted in the death of…
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DHT Holdings Accelerates Fleet Renewal with $51.5M Sale
DHT Holdings, a prominent player in the supertanker industry, is moving forward with a significant fleet renewal strategy by agreeing…
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Samsung Heavy Industries Announces Performance Bonuses After 12-Year Hiatus
Samsung Heavy Industries (SHI) is set to distribute performance bonuses for the first time in over a decade, marking a…
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Nuclear Power Set to Transform Commercial Shipping
The Norwegian University of Science and Technology is spearheading the Nuclear Propulsion in Merchant Shipping (NuProShip II) project, which aims…
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Sonangol Expands LNG Shipping Fleet with New Order
Angola’s state-controlled energy company, Sonangol, is set to enhance its liquefied natural gas (LNG) shipping capabilities by placing an order…
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Canada Evaluates Submarine Bids with Economic Cooperation in Mind
Canada is currently assessing bids from South Korea and Germany for its multibillion-dollar Canadian Patrol Submarine Project (CPSP). Stephen Fuhr,…
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Canada Approves Steensby Railway Project in Baffin Island for Iron Ore Expansion
Canada has given the green light for the construction of the Steensby Railway project in Baffin Island, a crucial development…
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![Stephen Fuhr, Canada’s secretary of state for defense procurement, center, tours production facilities at Hanwha Ocean’s Geoje shipyard with Lee Doo-hee, vice minister of national defense, left, and Kim Hee-cheul, CEO of Hanwha Ocean, second from left, on Feb. 2. [HANWHA OCEAN]](https://nauticalvoice.com/wp-content/uploads/2026/02/Canadas-defense-procurement-chief-tours-Korean-shipyard-says-submarine-bid-390x220.jpg)
