Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will…
Great Lakes Dredge & Dock, the largest provider of dredging services in the United States, has taken delivery of its newest Jones Act-compliant hopper dredge, the Amelia Island from the Conrad Shipyard in Morgan City, Louisiana.The Amelia Island…
Wasaline says it has become the first carbon-neutral shipping company in the Baltic Sea, reaching its original 2030 climate target six years ahead of schedule. The milestone comes as the Finnish-Swedish operator signed a biogas supply contract…
Robert Allan Ltd. has been awarded a contract to design an AmpRA 3600 tug for Tianjin Port in Northern China.The AmpRA 3600 series tug will be constructed at Jiangsu Zhenjiang Shipyard (Group) Co. Ltd.The order builds on a successful conventional propulsion design for the same owner and shipyard…
“We estimate the dry bulk supply/demand balance to weaken in both 2025 and 2026, compared to 2024. Demand growth is expected to slow, impacted by a weaker economic outlook for China and the world and a shift in US trade policy,” says Filipe Gouveia…
“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding contracting was strong in 2023 and 2024, and several of the ships ordered during…
The Documentary Committee of BIMCO adopted a standard clause aimed at addressing contractual uncertainties that may arise from the United States Trade Representative’s (USTR) Notice of Actions to impose fees on Chinese-related ships calling US ports…
Current global economic and geopolitical landscapes are shaped by several key uncertainties. Tensions between Israel and Iran, particularly regarding the Strait of Hormuz, pose risks to regional stability and energy supply routes. Similarly…
SAAM christened Trapananda, reported to be the first electric tugboat in Latin America. Thanks to a strategic partnership with Enap, the electric tug will operate in one of the southernmost terminals in the world, Puerto Chacabuco, in the Aysén Region…
ASRY has held its first innovation forum in collaboration with Lumofy, an AI-powered talent management platform. The event, titled ‘Unlocking Creative Potential’, was organised to promote a culture of innovation in the workplace, enhance employee capabilities…
cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik…
The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical…
Ocean Network Express (ONE) named the 13,900-TEU ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan, marking another milestone in ONE's fleet expansion program…
Siemens Energy has had its hands on a number of groundbreaking ship design and construction projects globally, projects that highlight the possibilities and the challenges inherent in being a technology pioneer. Ed Schwarz, Head of Marine Solutions Sales for Siemens Energy in the US and Canada…
Wallenius Sol took delivery of the RoRo vessel South Enabler from the Visentini Shipyard.In February 2025, a new chapter began in European shipping as Wallenius Sol announced the acquisition of Mann Lines, significantly expanding the Swedish shipping line’s customer base and presence in key markets…
