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Austal Australia Delivers 7th Evolved Cape-Class Patrol Boat To Royal Australian Navy
Austal Limited (ASX: ASB) is proud to announce the delivery of the seventh Evolved Cape-class Patrol Boat (ECCPB), ADV Cape…
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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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World Container Index – 01 Aug
Drewry’s World Container Index decreased 1% to $5,736 per 40ft container this week. Detailed assessment for Thursday, 01 August 2024…
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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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