Shipbuilding
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Flex LNG hammers out $175m refinancing deal for LNG carrier
Flex LNG, backed by shipping magnate John Fredriksen, has successfully arranged a $175 million lease financing deal for its LNG…
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Capital Maritime adds to Korean boxship newbuild series
Capital Maritime of Greece has solidified its position in the shipping industry by finalizing an order for two new 8,800…
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Faster, greener shipping route launched in Vietnam
DP World, in collaboration with VIMC Container Lines Joint Stock Company, has unveiled the Mekong Express, a new coastal and…
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Industrial conglomerate ThyssenKrupp to be broken up
ThyssenKrupp, a leading global steelmaker, has announced a significant shift in its corporate strategy, aiming to transform itself into a…
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Turkey Launches Third Reis-Class AIP Submarine, Boosting Naval Modernization
The Turkish Navy has taken a significant step forward in its undersea warfare capabilities with the launch of the TCG…
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Newport News Shipbuilding Immediately Furloughs 471 Salaried Employees
In a surprising turn of events, Newport News Shipbuilding has announced the immediate furlough of 471 salaried employees, representing about…
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US Navy to field ‘game-changer’ anti-ship Tomahawk by September
The U.S. Navy is set to introduce an anti-ship variant of its Tomahawk cruise missile on destroyers by late September…
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St. Johns Ship Building wins its first U.S. Navy shipbuilding contract
St. Johns Ship Building, located in Palatka, Florida, has achieved a significant milestone by securing its first shipbuilding contract with…
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Giant crane ship sitting off Rhode Island attracts attention from locals,
JAMESTOWN, R.I. (WJAR) — A striking sight has captured the attention of locals and tourists in Narragansett Bay: the Thialf,…
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St. Johns Ship Building awarded first Navy contract
St. Johns Ship Building in Palatka, Florida, has achieved a significant milestone by securing its first contract to construct a…
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