Navantia UK welcomed the Secretary of State for Northern Ireland, Rt Hon Hilary Benn MP, to the Harland & Wolff shipyard, just over a year since the company’s acquisition and the launch of plans to revitalize the historic site for the future…
Damen Shipyards Group has signed a contract with Polidano for the delivery of two Combi Freighters (CF) 3850. The Malta-based company will use the vessels primarily for the transport of aggregates for its construction business. The new vessels…
GT Wings has signed a Memorandum of Understanding (MoU) with Zunsion Technology in China to establish a strategic manufacturing partnership for its AirWing Jet Sail wind propulsion system.The agreement creates a framework for industrial scale production of AirWing units in China…
CK Hutchison posted a 7% rise in 2025 underlying profit on Thursday, as the market awaits updates on the company's proposed sale of its ports business and other spin-off plans.The Hong Kong ports-to-telecoms conglomerate reported underlying profit of HK$22…
Panama Ports Company (PPC), a unit of Hong Kong conglomerate CK Hutchison 0001.HK, said on Monday that the Panamanian government failed to file its response by the March 13 deadline in an international arbitration brought by the company.PPC…
In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…
China's COSCO Shipping has suspended operations at Balboa port which is located at the entrance to the Panama Canal, according to local newspaper La Prensa, which published a notice to clients from the shipping and logistics conglomerate.Balboa…
The transition towards digitalisation and automation is speeding up in the maritime industry, and a comprehensive strategy is emerging to turbo-charge efficiency, safety and sustainability. Yet key questions remain about the adoption of technologies and solutions to enhance operational performance…
Semco Maritime and Zamakona Yards have formed a strategic alliance to establish Las Palmas Shipyard, a new hub for rig upgrades, vessel maintenance and offshore modification projects in the Canary Islands.The partnership combines Semco Maritime’s…
The Scottish Government has announced its intention to award Ferguson Marine the contracts to build four vessels. This decision provides a guaranteed five-year pipeline of work.The package of vessels as part of the proposed award includes the…
Greek ΟΝΕΧ Shipyards and Technology said on Thursday it signed an agreement with South Korean Hanwha Power Systems to expand their joint activities in the United States in shipbuilding, energy production and regasification units.ONEX, which operates two shipyards in Greece…
Dajin Offshore has signed a $13.1 million contract with Poland’s state-owned Szczecin Shipyard Wulkan to fabricate at least 40 ready-to-install internal platform sets for foundations for the Nordseecluster B offshore wind project in the German North Sea…
At gathering in New Delhi in the presence of Shri Shantanu Thakur, Minister of State at the Ministry of Ports, Shipping and Waterways, and the CMA CGM Group’s Chairman and CEO Rodolphe Saadé, the group reinforced its commitment to India. During the visit of its global leadership in India…
Germany's Hapag-Lloyd said on Monday it would buy Israel's ZIM Integrated Shipping Services for $4.2 billion in cash to secure its position as the world's fifth-largest shipping group.However, the deal prompted a backlash in Israel, with ZIM…