Shipbuilding
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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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Belfast Harbour Launches Major Cruise Terminal Upgrade
Belfast Harbour is set to undergo a significant transformation with a £90 million project aimed at enhancing its cruise ship…
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KNOT Offshore Partners Faces Buyout Proposal
KNOT Offshore Partners (KNOP), a New York-listed shuttle tanker owner, has received an unsolicited buyout proposal from its parent company,…
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Dutch Offshore Wind Tender Receives No Bids Amid Rising Costs
In a concerning development for renewable energy in the Netherlands, the recent tender for the 1GW Nederwiek 1-A offshore wind…
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