News

Seafarer Shortage, lack of skilled workforce

The shipping industry is a vital element of the global economy, responsible for transporting over 90% of the world’s goods by volume.

Nuclear Power for LNG Carriers: ABS Explores a Transformative Technology The maritime industry faces an unprecedented challenge: achieving net-zero emissions by 2050. While alternative fuels and energy-efficiency measures are crucial, …

 The maritime industry is under immense pressure to decarbonize.  Various technologies are competing for a role in the future of shipping. Surprisingly, wind propulsion, though ancient, is finding renewed interest …

China’s Shipbuilding Boom: Leading Global Orders Across 14 Vessel Types

Intercargo Raises Concerns Over RightShip’s Age Limit Reduction for Vessel Inspections

Gigantic Cargo Trimaran from Vela and Austal Shipyards.

U.S. Government Sues Cargo Ship Owner Over Baltimore Bridge Collapse and Cleanup Costs

Saipem has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program, aimed at sustaining the production of the North Field offshore natural gas reservoir, located offshore the north-east coast of Qatar. The contract value amounts to approximately 4 billion USD.

Salvagers confidently towed a Greek-flagged oil tanker ablaze for weeks after attacks by Yemen’s Houthi rebels to a safe area without any oil spill, a European Union naval mission reported …

MAN Energy Solutions In a groundbreaking stride towards sustainable energy, Helen Oy, one of Finland’s largest energy providers, has joined forces with MAN Energy Solutions and H-TEC SYSTEMS to spearhead …

Reuters Salvage operation is underway to recover Greek-registered oil tanker in Red Sea following Houthi militant attack last month, as per shipping source to Reuters. Towing the 900-foot (274.2-metre) MV …

LLoyds’ Register Class News A notice* released by the Zhoushan Maritime Safety Administration (MSA) on 29 March 2024 has led to the implementation of new safety measures and survey standards …

Fincantieri Press Release MSC Cruises’ high-end brand named Explora Journeys celebrated the delivery of its second luxury cruise ship today at Fincantieri’s Sestri Ponente shipyard in Italy, marking a significant …

The shipbuilding industry in South America boasts a longstanding history rooted in the continent’s maritime heritage. Dating back to the colonial era, shipyards have played a pivotal role in not …

Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of oil and gas giant Chevron, have agreed to implement Wind Challenger on a newbuild LNG carrier, making it the …

Niovis reveals ultramax orders in Japan

Disney Inks Largest Ever Order for Meyer to Build Four Cruise Ships by 2031