Shipbuilding
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Here’s what deep sea ports and military vessels could mean for Arctic marine
The Arctic region is at a crossroads. As the Canadian government considers significant investments in Arctic infrastructure, the implications for…
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EnTrust Global to Acquire Belships in Tender Offer
In a significant move within the maritime investment sector, US asset management firm EnTrust Global has announced plans to launch…
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Northrop Grumman Enhances Marine Corps Targeting Systems
Northrop Grumman has secured a significant contract with the Marine Corps to modernize the LITENING targeting systems used in Boeing…
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Navantia’s Acquisition of Harland & Wolff: A New Era for British Shipbuilding
In a significant move for the maritime industry, Spain’s state shipbuilding company, Navantia, has acquired the historic British shipyard Harland…
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COSCO signs for 10 kamsarmax newbuilds
COSCO Shipping, a leading Chinese state-owned shipping company, is making significant strides in the dry bulk segment. The company has…
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Swedish police boards Chinese bulker to observe cable outage
On Thursday, Swedish police boarded the *Yi Peng 3*, a 23-year-old panamax bulker owned by Ningbo Yipeng Shipping. This vessel…
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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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