Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant vessel is the largest self-propelled hopper dredger in US history.Key highlights:Largest in the U.S. – 420’ length x 81’ beam, with a 15,000+ cubic yard hopper capacityPowerful and Agile – Self-propelled with 25,000 horsepower, triple azimuthing stern drives, and twin bow…
Wilson Sons held a launch ceremony for the tugboat WS Halcyon Thursday, January 29, in Rio de Janeiro. It is the first of a new series of three high-powered tugs.Built at the company’s shipyard in Guarujá (São Paulo), WS Halcyon is a class 2312…
Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result…
Frontline plc (NYSE and OSE: FRO) entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel.“We are in unprecedented times…
The CMA CGM Group recently received its 400th owned vessel, the CMA CGM Monte Cristo, the first in a series of six methanol container ships.This key milestone reflects the Group’s long-term investment strategy, built on asset ownership and the…
Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…
The Marshall Islands Flag State Administration and Bureau Veritas have formally approved SOLAS equivalency proposals submitted by Union Maritime and BAR Technologies for two MR2 tankers under construction at Wuhu Shipyard, China. The vessels…
Last Chance: Early Bird Registration Ends January 15 for Port of the Future Conference 2026Secure your spot at Houston's premier maritime event before rates increaseHOUSTON, TX – The clock is ticking for port executives, maritime professionals…
Dalian Shipbuilding Industry Co., Ltd. (DSIC) unveiled a new generation of decarbonization-focused vessel designs, including a wind-assisted 175,000-cu.-m. LNG carrier that has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV)…
Sallaum Lines accepted its latest Pure Car and Truck Carrier (PCTC) vessel, MV Ocean Explorer as part of its Ocean Class fleet. The newbuilding’s arrival represents a major milestone in the company’s ongoing fleet expansion strategy and its…
DHT Holdings, Inc. has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the company during the first half of 2026…
Product tankers shipowner d’Amico International Shipping S.A. said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) signed a shipbuilding contract with Guangzhou Shipyard International Company Limited (China) for two new Medium Range 1 (MR1 – 40…
15,000 cu. yd. Hopper Dredge = “the Cookie Monster” of Beach ReplenishmentManson Construction Co.’s Frederick Paup is the largest Trailing Suction Hopper Dredge in the United States. Designed and built specifically to meet the needs of the U…
WAPS: Making the Wind Blow for Shipping’s DecarbonizationIn the evolving landscape of maritime decarbonization, few subjects are as timely or arguably as misunderstood as wind-assisted propulsion. Yet the shipping industry finds itself at a decisive moment…
'Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2…
