In yet another flare-up of the ongoing maritime tensions in the South China Sea, the Philippines and China have exchanged…
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U.S. and Finland Forge Historic Arctic Shipbuilding Alliance to Deliver Six Next-Generation Arctic Security Cutters
In a landmark move that underscores growing geopolitical interest in the Arctic, the United States and Finland have entered into…
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ABB and SwitcH2 Partner to Develop World’s First Green Ammonia FPSO off Portugal
ABB has entered into a term sheet agreement with Rotterdam-based SwitcH2 to provide automation and electrification technologies for a groundbreaking…
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EU Targets False Flag Operators in New Crackdown on Russia’s Shadow Oil Fleet
The European Union is reportedly preparing to target companies involved in organizing false flags for tankers supporting Russia’s oil trade,…
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Austal Secures USD 100 Million Export Finance Australia Loan to Boost U.S. Shipbuilding Expansion
Austal Limited (ASX: ASB) has announced the signing of a USD 100 million loan agreement with Export Finance Australia (EFA),…
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IWS Secures Charter for Final Skywalker-Class Vessel “IWS Sunwalker” and Extends Contract for “IWS Starwalker”
Integrated Wind Solutions ASA (IWS), headquartered in Oslo, has announced that its subsidiary IWS Fleet AS has signed a 75-day…
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Seagems and Wärtsilä Strengthen Partnership with Expanded Lifecycle Agreement to Boost Efficiency and Sustainability
Seagems, the Brazil-based offshore operator formerly known as Sapura, has renewed and significantly expanded its lifecycle agreement with Wärtsilä to…
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Baleària Becomes First European Ferry Operator to Run Vessels Fully on Bio-LNG
Spanish ferry operator Baleària has taken a major step in maritime decarbonization by operating three of its vessels exclusively on…
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Moran Towing Expands Presence with Acquisition of Bisso Towboat Co. in New Orleans
Moran Towing Corporation has announced the acquisition of Bisso Towboat Co., Inc., marking a strategic investment aimed at supporting the…
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NYK Stolt Tankers Expands Fleet with Order for Two Large Chemical Tankers in China
NYK Stolt Tankers, the joint venture between NYK and Stolt Tankers, has placed an order with Nantong Xiangyu Shipyard in…
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