Shipbuilding
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Hanwha Closes $100 Million Philly Shipyard Acquisition
On December 19, 2024, Hanwha Systems and Hanwha Ocean announced a significant milestone in the maritime industry. They completed a…
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ExxonMobil Acquires FPSO Liza Destiny
ExxonMobil Guyana, a subsidiary of the American oil giant ExxonMobil, has made a significant move in the offshore oil industry…
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NYK and ENEOS Partner for Carbon-Neutral Marine Fuel
In a significant move towards sustainability, Japanese shipping giant Nippon Yusen Kabushiki Kaisha (NYK) has partnered with energy leader ENEOS.…
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South Korea awards almost 1.9GW of offshore wind capacity
South Korea is making significant strides in renewable energy. The Ministry of Trade, Industry, and Energy has recently awarded nearly…
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Mitsubishi Shipbuilding And Nihon Shipyard Launch Joint Study For Development Of LCO2 Carrier
In a significant move towards sustainable shipping, Mitsubishi Shipbuilding and Nihon Shipyard have announced a joint study focused on developing…
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Monaco Celebrates 25 Years of Marine Conservation
As the Pelagos Agreement marks its 25th anniversary, Monaco reaffirms its commitment to marine conservation. This trilateral initiative, established in…
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MSC boss Soren Toft takes the chair at World Shipping
The World Shipping Council (WSC) has announced a significant leadership change. Soren Toft, the chief executive of the Mediterranean Shipping…
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Ongoing Strikes Disrupt Major Australian Ports
Strikes at major Australian ports are set to continue as unionized workers clash with Qube Ports over unresolved contract negotiations.…
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Bo Pardau Wins Grand Prize in Photo Contest
In a remarkable achievement, 75-year-old Bo Pardau has captured the grand prize in the National Wildlife Federation’s 53rd annual photo…
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Castor Maritime Sells Containerships Amid Strategic Moves
Cyprus-based shipowner Castor Maritime has made headlines with its recent decision to sell two containerships. The company, which is listed…
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