Shipbuilding
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COSCO targeted by the Pentagon over alleged ties to the
The U.S. Department of Defense has recently expanded its blacklist of companies with alleged ties to the People’s Liberation Army…
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Chinese Naval Developments 2024 – Part 2: Subs, support, industry
The Chinese Navy, known as the People’s Liberation Army Navy (PLAN), is undergoing significant advancements in its submarine and auxiliary…
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Norwegians eye nuclear propulsion
The maritime industry is on the brink of a significant transformation. Norwegian shipbuilder Vard is leading the charge by collaborating…
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Russian Navy: New Ships Milestones in December 2024
The Russian Navy has been actively expanding and modernizing its fleet amid ongoing geopolitical tensions. This includes the commissioning of…
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SHIPS for America Act Aims to Revitalize US as Maritime Nation
On December 19, 2024, a significant piece of legislation was introduced in Congress. Senators Mark Kelly (D-Ariz.) and Todd Young…
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Keel laid for service ship for nuclear-powered icebreakers
On January 6, 2025, a significant milestone was achieved in maritime engineering with the keel-laying ceremony for the multipurpose service…
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South Korea’s Shipbuilding Industry Outlook for 2025
South Korea’s shipbuilding sector is gearing up for a challenging yet ambitious 2025. HD Hyundai, the country’s largest shipbuilder, has…
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Seacon agrees sale and leaseback for bulker newbuild
China’s Seacon Shipping has made significant strides in expanding its fleet. The Hong Kong-listed company recently announced that it has…
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Azerbaijan’s“Azykh” Tugboat Officially Goes Into Operation
Azerbaijan has recently expanded its maritime capabilities with the commissioning of a new tugboat named “Azykh.” Built at the Azerbaijan…
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Dutch and Norwegians cashing in on wind and cable ship boom
The maritime industry is witnessing significant advancements as companies innovate to meet the growing demands of the wind energy sector.…
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