Shipbuilding
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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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Royal Navy’s first of five Type 31, –HMS Venturer–, in final phase of
On June 2, 2025, HMS Venturer, the first of five Type 31 frigates for the Royal Navy, has entered the…
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Bumi Armada JV nets three-year FPSO charter in India
Malaysian oilfield services firm Bumi Armada, in partnership with Shapoorji Pallonji Energy (SP Energy), has clinched a significant contract with…
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