Italy’s Cimolai Technology reached a major construction milestone on one of the largest crane projects currently underway in Europe, completing the lifting and erection of the main girder of the first of two massive 800-ton rail-mounted Goliath cranes at the Port of Chioggia…
Bunker barge United LNG I was christened in the port of Antwerp, an important moment for shipping company Somtrans, main shipbuilding contractor RensenDriessen and outfitting partners TeamCo Shipyard and Gas & Heat.The vessel will enter service in early 2026…
HD Hyundai has signed a strategic partnership with the Tamil Nadu state government regarding the establishment of a new shipyard in India.The Indian government is strategically pursuing the 'Maritime Amrit Kaal Vision 2047' to become one of the world's top five shipbuilding and shipping nations…
Mitsubishi Shipbuilding Co., Ltd., part of Mitsubishi Heavy Industries (MHI) Group, and Nippon Steel Corporation have received the world’s first General Design Approval (GDA) from ClassNK for a breakthrough tank technology that enables the manufacture…
Royal T Shipyards christened and launched tha diesel-electric MV Vertom Quina, the tenth vessel in the LABRAX series for Vertom. “The launch of MV Vertom Quina is a truly special moment,” said CEO Thecla Bodewes. “Not only does it reflect the…
More than 200 guests attended the official naming ceremony of Stena Line’s newest vessel, Stena Futura, at Belfast Harbour. The 147-mhybrid freight ferry Stena Futura is the first of two next-generation “NewMax” freight vessels purpose-built for the busy Belfast–Heysham route…
Okeanis Eco Tankers Corp. said that following strong demand it has successfully priced an offering of 3,239,436 new shares of the Company’s common stock, par value USD 0.001 per share, at a price of $35.50 per Offer Share, raising gross proceeds of $114…
Fincantieri has finalized a multi-decade concession agreement that will reshape its operations at the Port of Ancona, enabling a major expansion and modernization of one of Italy’s most strategically important shipyards.The agreement—signed…
TotalEnergies Marketing Middle East, a fully owned subsidiary of TotalEnergies based in Dubai, has time chartered a first-of-its-type 750 cubic meter hybrid lubricants bunkering barge from Tristar Group to supplement its Lubmarine division’s ship-to-ship operations in the port of Fujairah…
“Due to low contracting volumes in 2022, the crude tanker order book/fleet ratio bottomed out at 2.8% in March 2023. It has climbed steadily since and has now hit a nine-year high of 14.1%. The order book may kickstart the renewal of a fleet that has grown older on average since 2018…
Mitsubishi Shipbuilding delivered the large car ferry KEYAKI, built for Shin Nihonkai Ferry Co., Ltd. and Japan Railway Construction, Transport and Technology Agency (JRTT), at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture on the November 11…
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45…
Fuel-agnostic and suitable for newbuilds and retrofit, Organic Rankine Cycle waste heat recovery systems are making headway as an energy-efficiency measure.Market prospects are looking so good for waste heat recovery systems that Orcan Energy…
Newbuilds expand AET’s dual-fuel fleet to all of its sectors: Aframaxes, Shuttle Tankers, Suezmaxes and Very Large Crude Carriers (VLCCs)AET signed shipbuilding agreements with Samsung Heavy Industries (SHI) for the construction of two LNG dual-fuel Suezmax tankers…
On October 28, 2025 U.S. Senator Dan Sullivan (R-Alaska), Chairman of the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries, convened the Senate hearing “Sea Change: Reviving Commercial Shipbuilding”…
