Shipbuilding
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Dispute Erupts Over Korea’s Nuclear Submarine Plans
In a significant development regarding South Korea’s nuclear submarine ambitions, Defense Minister Ahn Gyu-back revealed that no specific agreements have…
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Maersk Orders Eight New LNG Containerships
In a significant move to modernize its fleet, Maersk has placed an order for eight LNG dual-fuel containerships at New…
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Disney Destiny Arrives in Florida Ahead of Maiden Voyage
The Disney Destiny has officially docked in Florida after a remarkable transatlantic journey. This new addition to the Disney Cruise…
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Russia’s Oil Exports Plummet Amid Sanctions
Russia’s crude oil exports are experiencing their most significant disruption since the onset of the war, driven by new U.S.…
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ABS and Siemens Unite for Maritime Digital Transformation
ABS and Siemens Digital Industries Software (DISW) have entered into a significant memorandum of understanding aimed at revolutionizing maritime classification…
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US Shipbuilding Faces Urgent Challenges
In 2024, the United States accounted for a mere 0.1% of global commercial shipbuilding output, a stark contrast to China’s…
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Diana Shipping Secures $12.5M in New Charter Deals
Greek dry bulk owner Diana Shipping has announced significant new charter agreements, projecting approximately $12.5 million in gross revenue from…
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Star Bulk Carriers Expands Fleet with New Orders
Star Bulk Carriers, a prominent player in the Greek dry bulk shipping sector, has made a significant move by ordering…
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Shadow tanker trapped in Suez standoff
The crew of the Dignity, a Russian tanker detained in Egypt, is urgently seeking assistance as they face dire conditions.…
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U.S. Backs South Korea’s Nuclear Submarine Ambitions
SEOUL, Nov. 4 (Yonhap) — U.S. Defense Secretary Pete Hegseth announced on Tuesday that the United States will collaborate across…
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