A dredge building boom that has been underway in the United States for several years is still going strong as the market remains highly completive for solid project workloads in both the public and private sectors.According The Mike Hooks Report…
CMB.TECH and Boeckmans will build four hydrogen-powered 5.000-dwt general cargo vessels with reduced greenhouse emissions.The first vessel is expected to be delivered in the second half of 2025. The vessels will be built at the Dung Quat shipyard in Vietnam and will be deployed on major sea routes…
Wabtec Corporation and Latin American Channel Partner, Marinsa International, signed a contract to supply the primary power for 10 new hybrid tractor tugboats for the Panama Canal Authority (ACP). Wabtec will deliver two 8L250MDA marine engines for each tugboat…
Siloed data systems represent a “recipe for duplicative and multiplicative cost inside a company and across companies”, an OrbitMI-hosted panel at the recent Shipping Insight event in the US was told, as a Bureau Veritas-backed study highlighted…
HGK Shipping ordered from De Gerlien van Tiem shipyard in Druten, Netherlands, a new, low-emission dry goods vessel, a vessel to be specially tailored to the requirements of Salzgitter Flachstahl. Equipped with a diesel-electric drive system and solar panels and designed to be “future-fuel-ready”…
Fincantieri announced on Monday it has reached a deal that will allow it to expand its shipbuilding footprint in the port of Ancona.The Italian shipbuilding company said it has signed a program agreement with the Port System Authority of the…
BIMCO’s Chief Shipping Analyst, Niels Rasmussen, has revealed that Greek and Chinese shipping companies now own 34% of the global fleet’s cargo capacity, with Greek owners leading on cargo capacity.“The global fleet of cargo carrying ships consists of around 61…
Orca AI, headquartered in Israel and founded in 2018, has a simple yet complex premise: develop and deliver an intelligent safety platform for the maritime industry to prevent collisions. To date it has attracted attention and business globally…
Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11…
Sturgeon Bay, Wis. shipbuilder Fincantieri Bay Shipbuilding (FBS) held a christening ceremony for recently constructed liquefied natural gas (LNG) bunker barge Clean Everglades.The vessel is the sister ship to the LNG barge, Clean Canaveral…
“At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of newbuild capesize ships has gradually decreased since its peak in 2013 and only 5 million DWT were contracted so far in 2023…
A new ferry, fully owned by the Sicilian Region and entirely 'Made in Sicily', will carry out the connection service with Lampedusa and Pantelleria. The President of the Sicilian Region Renato Schifani and the CEO and General Director of Fincantieri…
Austal USA introduced Chris Orlowski as the company’s vice president of engineering, leading a team of more than 350 engineers, naval architects, designers, and other engineering support staff. Orlowski has more than 30 years of program and…
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated…
Shipping and energy supply chain firm Crowley has teamed with nuclear power specialist BWX Technologies through a memorandum of understanding for a ship concept that, the companies say, has the potential to generate alternative, zero-carbon…
