Shipbuilding
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COSCO Shipping Specialized Carriers seals $310m deal for six
COSCO Shipping Specialized Carriers has secured a significant deal with Bank of Communications Financial Leasing (BoComm Leasing) to acquire six…
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Odfjell Technology and OSP form oilfield services
Odfjell Technology, a spinoff from Odfjell Drilling focused on offshore operations, has announced a strategic global partnership with Oilfield Service…
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New Ship Orders Slump Amid US-China Tensions and IMO Vote
New ship orders have reached a historic low in early 2025 as shipowners hesitate to commit to long-term investments due…
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Korea, No. 2 in shipbuilding order by volume, looks to spur sales with container
In May, South Korea secured the second-largest volume of shipbuilding orders globally, trailing only China, despite a significant decline in…
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MOL Announces Plans to Retire Pioneering Japanese Cruise Ship
MOL Cruises, the leisure operation for Japan’s Mitsui O.S.K. Lines, has announced plans to retire its iconic cruise ship, Nippon…
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Spain Extends Financial Incentive Program to Support Shipbuilding Industry
The Spanish government has approved an extension of its financial support program aimed at bolstering the shipbuilding and repair sector.…
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Höegh Autoliners behind groundbreaking ship upcycling project in Norway
In a significant move for maritime sustainability, Höegh Autoliners and Nordic Circles announced a transformative agreement at the Blue Talks…
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Port of Corpus Christi celebrates completion of $625m
The Port of Corpus Christi in Texas is on the verge of a significant milestone in U.S. maritime infrastructure with…
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MR2 tankers lead secondhand sales
This week has witnessed a notable increase in secondhand tanker sales, particularly within the MR2 segment, which is drawing significant…
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The port productivity revolution transforming global
The maritime industry is undergoing a significant transformation, driven by advances in port automation and technology. Nearly 80,000 tons of…
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