Shipbuilding
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Construction Begins on World’s First Ammonia-Powered Containership
Yara Clean Ammonia celebrates a milestone in maritime decarbonization with the steel cutting ceremony for Yara Eyde, the world’s first…
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Subic Bay Shipyard Re-Opens after U.S., South Korean Investments
The Philippines has officially reopened the HD Hyundai Heavy Industries shipyard in Subic Bay, thanks to significant investments from South…
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OVP Shipping pens debut boxship order
Hong Kong-based OVP Shipping has made a significant move to enhance its capacity by ordering four new 4,350 TEU containerships…
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Ernst Russ and Eimskip team up for boxship newbuilds in China
German shipping company Ernst Russ has partnered with Icelandic carrier Eimskip to enhance their joint venture, ElbFeeder, by acquiring new…
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Ørsted sues US over offshore wind project stop-work order
Danish energy firm Ørsted and its partner Skyborn Renewables have initiated legal action in the DC District Court to overturn…
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Hafnia’s Bold Move: Acquiring Torm Stake
This week, the maritime industry was abuzz with news from Singapore, where Hafnia, under BW Group’s control, announced its acquisition…
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City Breaks Ground on New Cruise Ship Dock
Milwaukee is taking significant steps to enhance its cruise tourism appeal with the groundbreaking of a new dock aimed at…
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US threatens tariffs and port levies to sink IMO green deal
The United States is intensifying its diplomatic efforts to persuade both allies and rivals to reject a significant United Nations…
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Safety, shipping and capital markets
Recent findings from Allianz’s annual safety and maritime review for 2024 reveal a significant decline in total losses within the…
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TB Marine and Ektank sign for chemical tanker newbuilds
TB Marine, a German ship owner, has joined forces with Sweden’s Ektank to enhance their fleet with new chemical carriers.…
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