Shipbuilding
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S. Korean shipbuilders to retain edge in high-value vessels
South Korea’s shipbuilding industry is experiencing a significant shift. This year, the country’s share of global new ship orders is…
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Sanctioned Russian vessel with key cargo lost in Mediterranean disaster
The maritime world faced another tragedy as the Russian bulk carrier Ursa Major sank in the western Mediterranean Sea. This…
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Russia says two missing after cargo ship sinks in Mediterranean
In a tragic incident, the Russian cargo ship Ursa Major sank in international waters of the Mediterranean Sea following an…
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Qatar’s Naval Strength Boosted by New Fast Attack Craft
On December 23, 2024, Dearsan Shipyard, a prominent Turkish shipbuilder, celebrated a significant milestone in naval defense. The company held…
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Fuel for Shipbuilding and Ship Repair
The offshore energy sector is rapidly evolving, particularly with the rise of floating wind farms. As this industry grows, the…
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Hanwha Philly Shipyard plans growth after $100 million purchase from Aker
Hanwha Group Expands Shipbuilding in Philadelphia South Korea’s Hanwha Group is making significant strides in the U.S. shipbuilding industry. The…
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How Scotland and Trident would benefit the most from 2.5% defence spending rise
The Labour Party has made a significant pledge to increase defence spending in the UK, aiming for a target of…
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U.S. SHIPS Act Promises Major Boost for Merchant Shipping and Korean
On December 19, the U.S. Congress introduced the SHIPS for America Act, a significant piece of legislation aimed at revitalizing…
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China Launches First Hydrogen-Powered Container Ship
China has taken a significant step towards sustainable shipping by launching its first hydrogen-powered container ship. This innovative vessel, unveiled…
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Future of Vessels in Floating Wind Sector
Introduction The offshore energy sector is evolving rapidly, particularly with the rise of floating wind farms. As the demand for…
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