Anduril Industries plans to invest $3.7 billion in a new Maryland shipyard to manufacture Virginia-class submarine components and other subsea systems, alongside a U.S. Navy contract worth up to $2.9 billion tied to production targets.The Arsenal-2 facility will be built at Tradepoint Atlantic in Sparrows Point, Baltimore County, with permitting and site preparation beginning immediately and initial operations expected in 2030…
Lloyd’s Register (LR) appointed Hossam Edris as Naval Business Director for the Middle East.Based in Dubai, Edris will lead LR's naval and defence business development activities across the region, working closely with government and industry stakeholders as they modernise fleets…
Liberty Global Logistics (LGL) and Hyundai Glovis signed an Memorandum of Understanding (MoU) to evaluate the feasibility of developing and operating a small modular reactor (SMR)-powered Pure Car and Truck Carrier (PCTC), initially targeting service between the United States and South Korea…
Ongoing fleet renewal by niche player Cool Carriers indicates continuing competitiveness at scale of the specialized, pallet-optimized reefership.Not so long ago, it seemed that the unrelenting march of containerization and ever-widening influence…
NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17…
'When the world’s shipyards deliver just a few more container ships, the global fleet capacity will for the first time reach 34 million TEU. At that time, the fleet will have grown by 10 million TEU - or 42% - in just five and a half years,” says Niels Rasmussen…
Lloyd’s Register, A.P. Moller - Maersk (Maersk) and the ports of Charleston and Felixstowe will examine the security and safeguarding requirements for the theoretical deployment of a nuclear-powered container ship route between the UK and US…
The American Great Lakes Ports Association has signed a Memorandum of Understanding (MoU) with the Great Lakes Alliance of Shipyards to advance shared priorities in domestic shipbuilding and commerce.The MoU marks the first formal partnership between the U…
The U.S. Department of Transportation's Maritime Administration (MARAD) and CORE POWER (US) Inc. signed an agreement to accelerate the commercial, industrial, and regulatory pathways for U.S.-flagged nuclear-powered commercial ships. Fueled by small modular reactor (SMR) technology…
Conoship International has expanded its CIP-Series with a fully electric version of its CIP3800 general cargo vessel, pairing the established 3,800-dwt coaster platform with a 40-MWh battery energy storage system.Designed for short-sea routes…
Danish shortsea operator Baltic Shipping Company has added two new Damen-built hybrid coasters equipped with wind-assisted propulsion and battery systems to its fleet.The 3,550-dwt sister vessels Baltic Iron and Baltic Timber are each fitted with two Econowind VentoFoils…
Russia's second new domestically-built ice-class carrier for transporting liquefied natural gas, the Konstantin Posiet, departed from Bolshoy Kamen Bay in Primorsky Krai and set a course along the Northern Sea Route, LSEG data showed.For Russia…
MacGregor was selected to deliver a comprehensive scope of cargo handling solutions for six 1,700 TEU dual-fuel LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in India. The vessels are being built for the CMA CGM. The six 1…
I first heard about the Jones Act from my father in 1976. He had just become part of the US maritime community and one day came home and started to tell me about the differences between the US maritime community and the Dutch maritime community…
A wave of new investment in dedicated shuttle tankers has been spurred by the age profile of the existing fleet coupled with surging developments in the Brazilian offshore market.Constituting a specialized asset class, dynamic positioning (DP)…
