Singapore-based Asia Break Bulk (ABB), part of Hamburg-based COLI Group, has signed long-term agreements with Schoeller Holdings for four new multipurpose heavy-lift vessels, with the first scheduled for delivery in October 2028.The four 12,600-DWT Octopus-type vessels, designed by CSSC-SDARI, will each feature two 250-tonne cranes capable of tandem lifts of up to 500 tonnes, expanding ABB's project cargo transportation capabilities…
Qatar Gas Transport Company (Nakilat) has named nine new gas carriers at three South Korean shipyards, marking progress in its fleet expansion programs aimed at increasing LNG transportation capacity and diversifying into LPG/ammonia shipping…
Dutch maritime technology company PortXchange is expanding its EmissionInsider platform with emissions forecasting, scenario modelling and AI-assisted decarbonization planning tools to help ports assess the environmental impact of their operations and future investments…
MacGregor reported record profitability in the third quarter of 2026 as new orders more than doubled to $340 million (€305.4 million), driven by strong demand across all its divisions.Orders increased 126% from $150 million (€135 million) in the same quarter last year…
Shipping through Romania's Black Sea port of Constanta was stable and grain exports had increased by end-September, the port authority said, despite a spike in marine insurance premiums driven by increased attacks on cargo vessels.In September…
HD Hyundai and Kiewit Maritime Co. have announced plans to establish a joint venture to develop a new shipyard in the United States, targeting the start of construction in 2027 and full-scale operations in 2029.The proposed venture, HD Kiewit Shipbuilding LLC…
German defense contractor Rheinmetall and Swiss shipping company MSC have won an auction to acquire Romania's Mangalia shipyard for approximately $155 million (€138 million), with plans to develop the facility for both commercial and military shipbuilding…
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…
Boskalis and Van Oord have been awarded a dredging contract worth approximately $570 million (€500 million) for the expansion of the Port of Luleå in Sweden.The contract was awarded by the Swedish Maritime Administration and the Port of Luleå…
Oman's Asyad Group and France's CMA CGM Group have signed a framework agreement to develop, manage and operate a multipurpose logistics terminal in Sohar, establishing a strategic partnership aimed at boosting maritime connectivity and opening new regional trade corridors…
International Car Operators (ICO), a member of Japan’s NYK Group, has started commercial operations at Belgium’s first shore power facility for roll-on/roll-off (RoRo) vessels at the port of Zeebrugge.The facility entered service after a testing phase earlier this month…
Maritime engineering consultancy BMT and Australian shipbuilder Austal have signed a strategic agreement aimed at expanding ship design and engineering capacity while supporting the delivery of commercial and defense shipbuilding programs.The…
A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…
Aqua superPower and Tidal Transit have formed a strategic partnership to support the deployment of electric crew transfer vessels (E-CTVs) for ports and harbors serving offshore infrastructure, including offshore wind projects.Under the agreement…
A consortium led by Stillstrom by Maersk has secured $5.8 million (€5 million) in funding from the European Union’s Horizon Europe program to develop and test offshore charging infrastructure for vessels at anchor in Denmark.The three-year SPARK…