Naval
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Austal USA awarded contract modification for two additional Landing Craft Utility (LCU) for US Navy
Austal Limited (ASX: ASB) has announced that Austal USA has received a contract modification worth US$54.99 million (A$84.46 million) for…
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Austal USA Launches Final Littoral Combat Ship – LCS 38
Austal USA has successfully launched the future USS Pierre (LCS 38), marking the conclusion of the U.S. Navy’s Independence-variant Littoral…
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U.S. Redeploys USS Lincoln From Pacific to Mideast in Order to Deter Iran
The U.S. Navy is increasing its presence in the Middle East to address potential threats from Iran, deploying the carrier…
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S&P markets offering asset players ‘mouth-watering’ returns
This year might see a record in ships changing hands, with owners paying huge sums for secondhand vessels. Dry bulk…
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MSC contacts defunct Rongsheng shipyard for its next wave of boxship orders
Global shipbuilding capacity is set to grow by 1% with the reactivation of a prominent shipyard from the past shipping…
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UK Chamber joins forces on a long-term plan to decarbonise shipping
The UK Chamber of Shipping and seven other maritime trade bodies have written to maritime minister Mike Kane (pictured) to…
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Third ship spills oil in same area of the Philippines
Authorities in the Philippines have attended to another distressed vessel in Bataan, west of Manila, marking the third ship accident…
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Regulations and shipowner experience driving wind power adoption
Demand for wind-assisted propulsion is rising as systems prove effective and emissions regulations increase their commercial viability. More shipowners are…
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Panama Canal rolls out new booking system for large vessels
The Panama Canal has introduced a new Long-Term Slot Allocation (LoTSA) Method for Neo-Panamax vessels to enhance transit certainty and…
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MOL Issues Integrated ‘MOL REPORT 2024’
Mitsui O.S.K. Lines, Ltd. (MOL), under the leadership of President & CEO Takeshi Hashimoto, has recently unveiled its “MOL Report…
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