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…
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…
With over 187 years of experience, Wilson Sons has earned the 2025 Sustainability Seal in the Diamond category after a technical assessment conducted by Brazil’s Ministry of Ports and Airports (MPor). The awards ceremony was held Wednesday, November 12…
Damen Shipyards Group has announced the successful delivery of four advanced dredging component packages for Trailing Suction Hopper Dredgers (TSHDs). These vessels, which are being constructed at different shipyards in Central America, where…
Advanced Polymer Coatings (APC) has signed its first deal with Oman’s national shipping company.The contract will see APC’s MarineLINE coating system applied to two chemical tankers being constructed for Asyad Shipping Company.It is APC’s first deal with majority state-owned Asyad Shipping Company…
Konecranes has signed a wide-ranging service agreement with Meyer Turku shipyard in Finland for the maintenance and optimization of approximately 200 cranes.The service agreement covers smaller units handling just 63 kg to a massive 1,200-tonne Goliath gantry crane…
HII appointed Tim Taylor as vice president of engineering, technology and design at its Newport News Shipbuilding division.Taylor, a U.S. Navy veteran, has served NNS for 29 years in positions of increasing responsibility, including work control…
Danish shipping company Maersk said on Thursday its APM Terminals unit may invest around $2 billion in the Pipavav Port in western India.Maersk said in a statement it had signed a memorandum of understanding with the Gujarat Maritime Board on increasing capacity at the port…
DP World has pledged to invest an additional $5 billion in India to strengthen its integrated supply chain network, which supports both exports and domestic trade. This is in addition to the $3 billion that DP World has already invested in India over the past three decades…
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday…
Stena Line’s newest vessel, Stena Connecta, was officially named at the CMI Shipyard in Weihai, China on October 16, and will soon begin her maiden voyage to her new home port on the Irish Sea. Alongside Stena Futura, which entered service in September…
China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world's two largest economies, sending the company's shares sharply lower.The move, announced by the Chinese commerce ministry…