Russian Ice-class LNG Carrier heads out via Northern Sea Route
Russia's second new domestically-built ice-class carrier for transporting liquefied natural gas, the Konstantin Posiet, departed from Bolshoy Kamen Bay in Primorsky Krai and set a course along the Northern Sea Route, LSEG data showed.For Russia, the tanker represents another step in overcoming Western sanctions designed to prevent it from moving gas to international markets and to curb its revenues for waging war on Ukraine.The vessel was built at the Zvezda shipyard, one of Russia's most advanced shipbuilding facilities, to serve the Arctic LNG 2 plant, which is subject to U.S.
MacGregor Inks Hatch Cover Deal
MacGregor was selected to deliver a comprehensive scope of cargo handling solutions for six 1,700 TEU dual-fuel LNG-powered containerships to be built at Cochin Shipyard Limited (CSL) in India. The vessels are being built for the CMA CGM. The six 1,700 TEU vessels are scheduled for delivery between 2029 and 2031. They will support and reinforce India’s role as a strategic hub for global trade and sustainable shipbuilding.The order was booked to MacGregor’s Q2 2026 orders received.The extensive scope of supply includes the design and key components…
Iskra Shipyard tapped to Build Firefighting Vessel
Croatian shipbuilder Iskra Shipyard has signed a €2.24 million contract to design and build a new high-speed firefighting vessel for the Zadar County Firefighting Association, with delivery scheduled within 12 months.The 15-meter vessel will be built at Iskra’s shipyard in Šibenik and deployed for firefighting operations around Zadar County’s islands, ports and coastal areas. It will also support firefighting, emergency response and civil protection services during maritime emergencies.The project is part of Zadar County’s EU-funded “Resilient Archipelago” program…
Lone Star Funds Sells Vigor Marine Group
Lone Star Funds has announced that an affiliate of Lone Star Fund XI, L.P. has completed the sale of Vigor Marine Group to Antin Infrastructure Partners.Based in Portland, Oregon, Vigor Marine Group operates shipyard and fabrication facilities across five locations and employs approximately 2,700 people in the Pacific Northwest, Virginia and California. The company offers advanced services and complete solutions for a variety of clients, including the U.S. Navy, U.S. Army, Military Sealift Command, U.S.
Older Bulkers and LNG Carriers Could Provide Short-Term Relief for Ship Recyclers
Limited recycling supply could get a brief respite in the coming weeks from a weakening second-hand interest in older vessels and softer demand for steam turbine LNG ships. Both of these factors will encourage these ships being sent for end-of-life disposal, according to Wirana Shipping.The prolonged shortage of vessels entering the ship recycling market could get a breather, with Wirana Shipping forecasting a comparative improvement in recycling supply led primarily by the dry bulk and LNG sectors.In its latest Demo Market Report & Market Outlook…
American Cruise Lines Announces Names for Two Riverboats
American Cruise Lines has announced the names of two more U.S.-built small ships: American Beauty, a new riverboat for the Mississippi that will launch in 2028, and American Rhapsody, another new riverboat for the Columbia and Snake Rivers that will launch in 2029.These riverboats represent the 29th and 30th ships in the company’s fleet. All American Cruise Lines’ new ships are built at Chesapeake Shipbuilding in Salisbury, Maryland.American Beauty will operate the company’s eight-day Upper Mississippi River cruises between St. Louis, MO and St. Paul, MN.
Glomar Debuts New Multi-Purpose OSV Design
C-Job Naval Architects and Glomar unveiled the design of a next-generation Offshore Support Vessel (OSV) that the pair claims provides a breakthrough in versatility and sustainable engineering.Purpose-built as Glomar’s first vessel of its kind, the design eliminates the need for multiple specialized ships. Engineered for peak performance across diverse offshore tasks — from subsea inspections and cable trenching to ROV operations — this vessel sets a new industry benchmark as a “Swiss Army knife” for offshore work.“This project reflects C-Job’s drive to deliver innovative…
KRATT: A Biomethane-Fueled, Ice-Class Workboat
Estonia has taken delivery of a new 38-meter multipurpose workboat that combines compressed biomethane and battery-electric propulsion with research, buoy-handling, pollution-response and rescue capabilities in a single vessel.Named KRATT, the new vessel was designed and built by Baltic Workboats for the Estonian State Fleet and christened August 12 at Saaremaa, Estonia. The €22 million vessel is scheduled to enter service in Estonian waters this autumn.At the center of the newbuild is an alternative-fuel power plant designed around compressed biomethane (CBM) as its primary fuel…
Trump Orders Carriers to Retrofit Aircraft Carriers, Return to Steam Catapults
U.S. President Donald Trump has allowed the Navy to build ships overseas and ordered it to abandon a complex system for launching jet fighters from its aircraft carriers and instead return to using steam catapults, the White House said on Thursday.Trump signed a national security memorandum directing the change, which would require the fourth vessel in the Gerald R. Ford class of aircraft carriers to abandon the Electromagnetic Aircraft Launch System (EMALS) used on the first three vessels.
Shipping Risks Repeating Stranded Asset Mistakes
Shipping lenders and investors risk repeating the mistakes made by Europe's electricity utilities and their financiers a decade ago, and the financial fallout could reach far beyond individual shipowners to lenders, investors, cargo owners and other supply-chain stakeholders, says UCL.The report, Lessons from electricity sector transitions and historic shipping collapses for understanding shipping stranded asset risks, by UCL Energy Institute's Shipping and Oceans Research Group…
MARAD Invests $35.1m Into Small US Shipyards
U.S. Transportation Secretary Sean P. Duffy today announced that the Maritime Administration (MARAD) is delivering $35.1 million to invest in critical infrastructure and workforce development at 45 shipyards across 24 states and the U.S. Virgin Islands. The program received a 300% increase in funding in 2026.Projects examples include:$1,007,678 to Gulf Marine Repair Corporation in Tampa, Florida, for training center equipment, wheel loaders and upgrades to three berths in its south slip.$1,000,000 to Robert E. Derecktor, Inc.
One Killed in Chinese Shipyard Explosion
An explosion at a shipyard in the southeastern Chinese province of Fujian on Thursday killed one fire and rescue worker, local authorities said.A fire broke out at 1:09 p.m.
Seatrium, Golar Ink FLNG Conversion LOI
Seatrium Limited entered into a Letter of Intent (LOI) with Golar LNG Limited to advance a potential third Floating Liquefied Natural Gas (FLNG) conversion project to be undertaken by Seatrium for Golar.Under the arrangement, Seatrium and Golar will work together to advance technical design development and project definition activities, with the objective of finalising an Engineering, Procurement and Construction (EPC) contract in the second half of 2026. An upfront consideration…
Innovation: IINO Lines Turns Emerging Tech into Operational Advantage
Technology identification, trial and adoption is cornerstone to running an efficient, cost-effective maritime operation. But with the speed of technological change, particularly in regards to Artificial Intelligence (AI), the process is neither straight nor short. We visited recently with Kenji Togasaki, SVP, Innovation Office, IINO Lines (USA), who’s job it is with his IINO Lines team to scout new technologies and implement them onto the fleet with IINO technical group in Tokyo.
When it Comes to Autonomous Boats: Show, Don’t Tell
Anyone who has attended a writer’s conference has heard writers, editors, agents and publishers repeat the same mantra: “Show, don’t tell.” You can likely intuit what this means, but just to be clear, if you are writing a western thriller and you are describing a bar fight, it can’t be told matter-of-factly. The reader has to hear the crash of beer bottles against the bar’s mirror, feel the gunshots and root for the sheriff.What does this have to do with uncrewed maritime systems? A great deal.The U.S.
SK Shipping to Become Asia's Largest LNG Carrier Operator
South Korean shipping companies SK Shipping and H-Line Shipping will swap vessels and long-term contracts in a deal that will make SK Shipping Asia's largest LNG carrier operator, their owner Hahn & Co. said on Thursday.SK Shipping will receive 16 LNG vessels and related long-term contracts from H-Line Shipping in exchange for 12 tankers, long-term contracts and about $300 million in cash, Hahn & Co. said in a press release.After the transaction, SK Shipping will operate 32 LNG carriers and 14 liquefied petroleum gas (LPG) vessels…
First Steel Cut for Skarv’s Ammonia-Fueled Multi-Purpose Ship
Skarv Shipping Solutions has marked two milestones in China: the delivery of Peak Skarv 3 and the first steel cut for hull 247, its new ammonia-fueled vessel.The ammonia-fuelled vessel will carry timber for Viken AT Market and be commercially operated by Arriva Shipping.A 160 m³ ammonia tank, with MGO as pilot fuel, covers a 14-day round trip between Norway and the continent, working alongside an electric propulsion system with batteries and shore power. Delivery is scheduled…
AURELIA Introduces Zero-Emission Vessel Concept for Bahamas
AURELIA has welcomed Silas Cooper, Honorary Consul of the Commonwealth of The Bahamas to the Kingdom of the Netherlands, to its Amsterdam office for a working visit dedicated to the future of inter-island connectivity in The Bahamas.The meeting, also joined by Bastiaan Visser of Sustainable Capital Group, focused on AURELIA’s zero-emission ferry and cruise concept — a vessel designed to connect the islands of The Bahamas through clean, silent, and future-proof maritime transport.As part of the AURELIA Clean Sailing fleet…
Rolls-Royce Establishes Regional Defense Headquarters in Canberra
Rolls-Royce is expanding its partnership with Marand Precision Engineering into a new export venture, supplying naval gas turbine propulsion packages to the Type 26 Global Combat Ship program.Alongside this, Rolls-Royce has opened a new regional defense headquarters in Canberra, Australia, marking a significant milestone in the company’s commitment to supporting the Australian Defence Force (ADF).Following a competitive international tender, Rolls-Royce selected Marand to build three additional gas turbine acoustic enclosures and corresponding ship interface systems for the Type 26 program.
This is the Last Article on the Jones Act you Ever Need to Read (Really)
I first heard about the Jones Act from my father in 1976. He had just become part of the US maritime community and one day came home and started to tell me about the differences between the US maritime community and the Dutch maritime community. Two things stood out; the heavy US union influence and the Jones Act. My father despised unions, as a lifelong non unionized shipping company employee (but a very benevolent one, sponsoring employee vacation resorts and excellent employee housing, and later found to have one of the most generous pension plans one can imagine).
Shuttle Tankers: A Distinct Vessel Breed, a Niche Market
A wave of new investment in dedicated shuttle tankers has been spurred by the age profile of the existing fleet coupled with surging developments in the Brazilian offshore market.Constituting a specialized asset class, dynamic positioning (DP) shuttle tankers are a flexible and cost effective way of lifting and transporting oil from offshore fields, where subsea pipelines are not a practical or economically viable option.Production platforms or floating units are increasingly located in deepwater areas prone to challenging weather and hydrological conditions…
German Warship Builder TKMS Raises 2026 Outlook
Warship manufacturer TKMS on Wednesday raised its outlook for the second time in six months, expecting higher demand for surface vessels such as frigates as well as for its sensors and mine-sweeping technology.TKMS has been one of the main beneficiaries of Europe's push to build up its defenses in light of dwindling U.S. support, scoring several landmark deals in recent months, including one for Germany's navy as well as a submarine agreement with Canada."Our recent successes confirm our outstanding positioning as a maritime powerhouse - both nationally and internationally…
Grimaldi Takes Delivery of First New-Series PCTC
The Grimaldi Group has taken delivery of Grande Pacifico, the 13th ammonia ready car carrier in the Grimaldi Group fleet and the first of five sister PCTCs vessels ordered from China Merchants Heavy Industries Jiangsu and classed by RINA.An evolution of the design that gave rise to the first five 9,000 CEU vessels already delivered by the same shipyard, the new units offer even greater cargo capacity while maintaining high energy efficiency, technological innovation and environmental sustainability.With an overall length of 220 meters…
Romulus USV Passes Critical Military Test
HII has announced that the U.S. Defense Innovation Unit (DIU) has officially recognized the successful completion of the company’s production-ready, inexpensive, maritime expeditionary (PRIME) prototype project.The prototype features the Watcher small unmanned surface vessel (sUSV), which is based on HII’s Romulus-25 USV and powered by HII’s Odyssey autonomous control system.The DIU recognition follows HII’s delivery and successful sea testing of two autonomous Watcher Romulus…
Corvus Energy Wins 40-MWh Battery Contract for BC Ferries
Corvus Energy will supply battery energy storage systems for four new hybrid-electric Summit Class ferries being built for BC Ferries, with a total initial installed capacity of 40 MWh.Each double-ended ferry will receive a 10-MWh Corvus Dolphin NxtGen battery system. Corvus will also provide battery interfaces and control systems designed to accommodate significant additional capacity, supporting a future transition toward near-zero-emission electric operation as shore charging infrastructure becomes available.The four vessels — Summit Arbutus…
ABB to Power Allseas’ Heavy Transport Vessel Grand Tour
ABB will supply the integrated power and propulsion system for Grand Tour, a new 230-meter semi-submersible heavy transport vessel being built by Guangzhou Shipyard International (GSI) for offshore contractor Allseas.Scheduled for delivery in 2028, Grand Tour is designed to transport large offshore wind converter stations from fabrication facilities in Asia and Europe and transfer them directly to Allseas’ heavy construction vessel Pioneering Spirit for offshore installation.Converter stations play a central role in long-distance offshore wind power transmission…
Vietnam Starts Construction of Largest Domestic Anti-Submarine Frigate
Vietnam has begun construction on what it describes as the country's largest and most advanced domestically made anti-submarine frigate, a military-owned newspaper reported.The vessel, being built at the defense ministry's Song Thu Shipyard in Danang City, will also have most of its weapons and military equipment developed or assembled in the country, the Quan Doi Nhan Dan newspaper said late on Monday.Vietnam, which has long been involved in maritime disputes with China and other claimants to the South China Sea, has been seeking to expand its domestic defense manufacturing capabilities while
Hanwha Makes $1.2B Offer for Austal USA
Australian shipbuilder Austal said on Tuesday that Hanwha Group had offered to buy its U.S. operations for up to $1.20 billion as the South Korean conglomerate seeks to expand in the American defence market.Austal shares rose more than 16%, logging their best intraday jump since mid-February. The stock was the top gainer on the benchmark ASX 200 index .AXJO, which traded 0.2% higher as of 0125 GMT.Hanwha Defence USA offered to buy Austal's U.S. entities and operations for $1.05 billion to $1.20 billion, a move that would deepen its push into the U.S.
Lockheed Martin Awarded Combat Systems Contract for Australian Submarines
The Australian Submarine Agency (ASA) has awarded Lockheed Martin a two‑year AUD$26.5 million ($18.7 million) contract to create a sovereign Combat Systems Integration (CSI) capability for Australia’s future Virginia‑class submarines under the AUKUS partnership.Australian engineers will be supported by U.S.-based Virginia-class submarine subject-matter experts, to accelerate capability development and build a sustainable, sovereign integration capability for the future force.Together with the ASA…
US Officials Work to Close Supply Chain Gaps as Foreign Investment Grows
U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and to help small- and medium-sized businesses scale up to meet rising demand as foreign investments surge.Assistant Secretary of the Treasury Chris Pilkerton and Small Business Administrator Kelly Loeffler told Reuters that U.S. President Donald Trump's tariffs on foreign imports and deregulation were fueling foreign investments in manufacturing…
India’s Recycling Market Gains Momentum
Wirana Shipping has identified improving steel demand in India as an encouraging sign for the country’s ship recycling market, while slower demand and financing pressures continue to weigh on Bangladesh.The latest Market Outlook reports a second consecutive week of improving steel demand in India. Local steel plate prices increased by $4/MT, semis and finished steel products by $2–4/MT and imported scrap by $1/MT. Recycler offers remained unchanged, although Wirana Shipping expects…
Cadeler Orders More Offshore Wind Installation Vessels
Cadeler has signed firm contracts with COSCO Shipping Offshore shipyard in Qidong, China, for the construction of two new T-class offshore wind installation vessels, scheduled for delivery in 2030 and 2031.The new T-class series vessels have been engineered to be the largest and most capable vessels ever introduced to this market. They are designed to tackle increasingly complex projects with greater efficiency, versatility and performance.Earlier this year, Cadeler secured the…
KCC Takes Delivery of Final CABU III Combination Carrier
Klaveness Combination Carriers (KCC) has taken delivery of MV Baltazar, its third and final contracted third-generation CABU vessel, from New Yangzi Shipyard in China.Equipped with the first wind-assisted propulsion system in KCC's fleet and a range of advanced energy efficiency technologies, MV Baltazar completes the CABU III newbuilding program and brings KCC's fleet to 19 combination carriers.Designed for trades carrying caustic soda solution to Australia and returning with dry bulk commodities…
Saronic Selects Port of Gulfport for Marauder On-Water Testing
Saronic has expanded its operations to Gulfport, Mississippi, establishing an initial site for on-water testing of the company’s medium unmanned surface vessel (MUSV), Marauder, at the Port of Gulfport.As production of Saronic’s Marauder platform continues to scale, the site will support testing and commissioning of the 180-foot autonomous ships as they move from production to final delivery.The Saronic facility at the Port of Gulfport spans more than 30,000 square feet and includes dedicated port access, office space, and warehouse space that can support Saronic’s growing operations.
Nichols Brothers to Build Bew San Francisco Bar Pilots Station Vessel
Nichols Brothers Boat Builders (NBBB) has been awarded a contract by the San Francisco Bar Pilots Benevolent and Protective Association to build the organization's next-generation station vessel.Designed by Glosten, the vessel will measure approximately 110 feet in length and is being built to support the San Francisco Bar Pilots as they guide commercial vessels through the waters of San Francisco Bay and the Golden Gate.The vessel will feature Tier 4 diesel propulsion designed to improve fuel efficiency, reduce emissions and meet California Air Resources Board (CARB) emissions requirements.
ADNOC L&S Acquires 11 Vessels in $1.3B Fleet Expansion Deal
ADNOC Logistics & Services (ADNOC L&S) has agreed to acquire 11 tankers for approximately $1.3 billion, expanding its crude oil and liquefied petroleum gas (LPG) shipping capacity to support ADNOC Group's growing production, trading and export activities.The acquisition comprises five very large gas carriers (VLGCs) and six very large crude carriers (VLCCs). Nine vessels - six VLCCs and three VLGCs - were acquired on the secondary market and are scheduled for delivery in the third quarter of 2026…
CNOOC's LNG Vessel Named Greenergy River
Yesterday HUAJING LNG TRANSPORT PTE. LTD. (HLT), a joint venture company in which NYK participates, held a naming ceremony for a new liquefied natural gas (LNG) carrier for the CNOOC Group, a Chinese state-owned energy company.The ceremony took place at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. in China, where the vessel is being built, and the ship was named “GREENERGY RIVER.” The ceremony was attended by NYK Senior Managing Executive Officer Hironobu Watanabe and other related parties.HLT is a joint venture company comprising NYK; CNOOC Gas and Power Singapore Trading & Marketing Pte.
Dajin Heavy Delivers Second KING-Class Offshore Wind Logistics Vessel
China-based offshore wind foundations manufacturer Dajin Heavy Industry has delivered KING TWO, the second 40,000 DWT heavy deck carrier in its self-developed and self-built KING series.The delivery represents a step in expanding the company's offshore vessel-building capabilities, marking the transition of the vessel class into standardized batch construction following the commercial deployment of KING ONE.KING TWO has an overall length of 239.8 meters, a beam of 51 meters, a 12…
Strong Cargo Demand Offsets Rising Costs for ONE
Ocean Network Express (ONE) reported a profitable first quarter for fiscal 2026, overcoming higher fuel costs and geopolitical disruptions through strong cargo demand, disciplined capacity management and rising freight rates, while continuing to invest in fleet modernization under its long-term ONE2030 strategy.For the quarter ended June 30, 2026, the Singapore-based container carrier generated revenue of $4.54 billion, EBITDA of $707 million and EBIT of $76 million, resulting in a net profit of $31 million.
Lemissoler Navigation Names Bulk Vessel Pair
Lemissoler Navigation has celebrated the naming of MV Lem Azalea and MV Lem Plumeria, the first two vessels in its four-vessel dual-fuel methanol newbuilding program.The naming ceremony took place on July 27, 2026. The two 65,000-dwt dry bulk carriers were built by CSSC Huangpu Wenchong Shipbuilding in cooperation with China Shipbuilding Trading Co. (CSTC). Shanghai Merchant Ship Design and Research Institute (SDARI) translated Lemissoler's operational requirements and continuous owner input into the vessel design and detailed engineering…
U.S. Dredging: A Cornerstone of Maritime Commerce and National Defense
There are several major dredging opportunities emerging across the United States that extend well beyond traditional maintenance dredging, channel deepenings, or harbor expansions. Increasingly, the American dredging industry is becoming a strategic tool for addressing some of the nation's most pressing challenges, including water security, agricultural sustainability, coastal resilience, maritime industrial revitalization, and national defense. Among the most significant opportunities…
Rebuilding U.S. Shipbuilding One Weld at a Time
The dearth of welding talent for shipyards – for all manufacturing operations – transcends the ‘finding the next generation’ discussion and fall squarely into a conversation about rebuilding U.S. shipbuilding capacity and national defense. Technology companies – specifically AI and robotics – continue to infiltrate nearly every maritime sector, and Path Robotics has taken an early lead in the development and supply or humanoid welding robots, robots that lean on more than eight years of learning and improving weld quality.
MarAd's Carmel: Great Lakes are Central to America's Maritime Revival
CHICAGO — July 30, 2026 — The United States cannot rebuild its maritime strength by focusing solely on its ocean coasts. Instead, the nation's industrial resurgence depends on recognizing the Great Lakes as one of America's five maritime coastlines and leveraging the region's unmatched manufacturing ecosystem, according to U.S. Maritime Administrator Stephen M. Carmel.Speaking at the American Great Lakes Ports Association's annual meeting in Chicago today, Carmel argued that the Great Lakes should be viewed not as a regional transportation network…
BMT Acquires Naval Architect One2three
BMT has acquired Australian naval architecture business One2three Naval Architects, expanding BMT’s ability to support customers delivering vessel programs across international markets and broadens its strengths in maritime design across ferries, specialist craft, autonomy and advanced vessel technologies.The acquisition brings together complementary maritime design expertise and strengthens BMT’s position as a global maritime design and technical consultancy. Existing customer relationships…
Sallaum Lines Orders LNG Dual-Fuel PCTC From China
Sallaum Lines has ordered an 8,600-car equivalent unit (CEU) pure car and truck carrier (PCTC) from China Merchants Shipyard, with an option for a second vessel, expanding its newbuilding program as it prepares for long-term growth in the global vehicle carrier market.The LNG dual-fuel, ammonia-ready vessel is scheduled for delivery in 2029 and follows a separate order announced earlier this month for two firm 8,600-CEU PCTCs, with options for two more, at Xiamen Shipbuilding Industry.The latest order increases Sallaum Lines' newbuilding program to nine vessels…
Samsung Heavy, Conrad Shipyard Get ABS Nod for LNG Bunkering ATB Design
The American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) and Conrad Shipyard for the basic design of a 12,000-cubic-metre LNG bunkering articulated tug-barge (ATB) planned for construction in the United States.The approval follows a memorandum of understanding between SHI and Conrad Shipyard to jointly develop and build LNG bunkering ATBs. ABS said it completed design reviews based on its class rules and applicable statutory requirements.The project is among the first initiatives announced through the Korea-U.S.
Northern Lights CCS Fleet Set for Next Stage with Latest LCO2 Carrier Arrival
Northern Lights joint venture has taken delivery of its fourth dedicated liquefied CO2 (LCO2) carrier, completing the vessel fleet required for the first phase of its carbon capture and storage (CCS) transport and storage operations.The Northern Purpose has arrived in Norway following delivery from Dalian Shipbuilding Offshore Company (DSOC), joining sister vessels Northern Pioneer, Northern Pathfinder and Northern Phoenix to provide CO2 transport capacity for customers across Europe.Northern Lights said the vessel fleet forms the core of its transport solution…
Maersk Takes Delivery of First Ammonia Carrier
HD Hyundai Samho has delivered its first-ever very large ammonia carrier (VLAC), the 93,000-cubic-meter Jane Maersk, to Danish shipping company Maersk.The vessel is the first of five ordered in November 2023 and is capable of transporting both liquefied ammonia and LPG. To safely handle ammonia’s highly corrosive and toxic properties, it is equipped with advanced systems, including a specialized 'High Level Alarm' to minimize misloading risks.The company has secured nine VLACs this year alone, bringing its total VLAC order backlog to 22 vessels worth $2.55 billion.
KUSPC: Commercial Shipbuilding’s New Partnership or an Outlet to Support Defense Acquisitions?
On July 23rd, 2026 Amtech, courtesy an invitation from the U.S. Department of Commerce, attended the Grand Opening of the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington DC, a Secretary level event with invitations provided to recognized leaders in the U.S. commercial and naval shipbuilding industry. Amtech has been working with Commerce from the initial release of the first Executive Order issued to recover and develop U.S. maritime dominance. And with that,…
Fraser Industries LLC Signs Shipyard Modernization Memorandum of Understanding with HD Hyundai to Advance U.S. Shipbuilding Revitalization
Fraser Industries LLC announced that it has signed a memorandum of understanding (MOU) on cooperation for shipyard modernization to revitalize the U.S. shipbuilding industry with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai's shipbuilding division.HD Hyundai will advance Fraser Shipyards as a hub for rebuilding the U.S. shipbuilding industry and will provide a shipyard modernization solution that includes shipyard design and construction expertise…
KSOE and Siemens Partner on AI-Powered Shipyard
HD Korea Shipbuilding & Offshore Engineering has signed an agreement with Siemens Digital Industries Software to develop an AI-powered shipyard.The next-generation marine platform is centered on integrating the entire shipbuilding process—from vessel design and production to supply chain management, quality control and maintenance—into a single 3D-model-based data environment powered by AI and digital technologies, enabling the use of consistent information across every stage of the process.Through the platform…
World’s Fastest Self-Unloader Ready for Simandou Project
SimFer, the Joint Venture between the Government of Guinea, Rio Tinto and the Chinalco-led CIOH Consortium, has named its first transhipment vessel (TSV), Wontanara.The vessel will be deployed to support Simandou, the largest greenfield mining and related infrastructure project in Africa, where it will become the first of five specialized TSV vessels supporting SimFer’s marine logistics operations at the Port of Morebaya in Guinea.Each specially designed TSV will transport more than 40…
ABS Deepens South Korea-US Shipbuilding Collaboration
ABS has signed two agreements with South Korean shipbuilding organizations aimed at advancing software-defined vessel technology and strengthening workforce development for the U.S. and Korean shipbuilding industries.The first agreement will see ABS Consulting and affiliate ABS Wavesight support HD Korea Shipbuilding & Offshore Engineering (HD KSOE) in developing its software-defined vessel (SDV) platform by providing software quality assurance advisory, verification and validation support.The collaboration is intended to help establish a framework for software quality…
South Korean, U.S. Shipbuilders Deepen Ties
The quest to rebuild U.S. shipbuilding capability quickly is premised on partnering with existing shipbuilding powers outside of China, with several recent announcements today solidifying the connection between the two allies.Four separate partnerships were recently announced, three today, underscoring a growing bilateral effort to rebuild America's maritime industrial base through investments in shipbuilding capacity, workforce development and advanced manufacturing technologies.The announcements, made in conjunction with the launch of the Korea-U.S.
Fincantieri Celebrates Delivery of Third Explora Luxury Travel Vessel
Explora Journeys celebrated the delivery of Explora III at Fincantieri's Sestri Ponente shipyard in Genoa. The vessel is the third ship built by Fincantier for Explora Journeys, MSC Group's luxury ocean travel brand.Held in the presence of national, regional and local authorities, the ceremony marked a milestone in the development of the Explora Journeys fleet, which has now reached the halfway point of its planned growth. With the delivery of Explora III, three of the six vessels planned for the fleet are now in service…
Fincantieri, OCCAR Amend U212 NFS Program Submarine Contract
Fincantieri signed a contract amendment with OCCAR (Organisation for Joint Armament Co-operation) under the U212 NFS (Near Future Submarine) program, related to the construction of four submarines currently being built by the Group for the Italian Navy at the Integrated Shipyard of Muggiano.The agreement, signed by Joachim Sucker, Director of OCCAR-EA and by Fulvio Palermo, Head of Project Management of Fincantieri’s Naval Vessels Division, is worth approximately USD$360.5 (317 million euros) and extends the scope of activities assigned to Fincantieri under the program.
Grandweld Lands Bahri Logistics’ OSV Shipbuilding Deal
UAE shipbuilder Grandweld Shipyards has secured a contract from Bahri Logistics, the logistics arm of Saudi Arabia's national shipping company Bahri, to design and build two offshore support vessels (OSV) for operations at Ras Tanura Port.The vessels will be designed to support Bahri Logistics' offshore operations at the Saudi port, one of the world's largest energy export hubs, and are scheduled for delivery later in 2026.Grandweld said the vessels will be equipped with advanced navigation…
VARD Banks €220M Vessel Construction Contract
VARD, the Norwegian shipbuilding subsidiary of Italy's Fincantieri Group, won a contract valued at more than €220 million to design and build two next-generation buoy and lighthouse maintenance vessels for Trinity House, the General Lighthouse Authority for England, Wales, the Channel Islands and Gibraltar.The award, made through a competitive public tender, is part of Trinity House's fleet renewal program and will replace the THV Patricia and THV Galatea, enhancing the organization's…
Inland Tank-Barge Safety Guide Updated
OCIMF and the Central Commission for the Navigation of the Rhine (CCNR) published the second edition, updated July 2026, of the International Safety Guide for Inland Navigation Tank-barges and Terminals (ISGINTT), making the industry reference guide available simultaneously in English, French, German, Dutch and Portuguese.ISGINTT provides recommendations for the safe handling and transport of crude oils, petroleum products, chemicals and liquefied gases as well as guidance on the interface between inland tank-barges and other vessels or terminals.
For the U.S. Navy, Biggest isn’t always Best
If the Navy can’t successfully introduce smaller ship classes of ships, why does it think it can succeed with the largest surface combatants since World War II?The Navy has announced a new class of guided missile battleships, the USS Defiant [BBG(X)] or the Trump-class, as the centerpiece of a new “Golden Fleet.” BBG(X)s would be 840 to 880 feet long and have a full load displacement of more than 35,000 tons. They would be the largest surface combatants built since World War II, and cost an estimated $17.5 to $22 billion each. The Navy wants 15 of them.
Sea1 Offshore’s First Offshore Energy Support Vessel Hits Water in China
Sea1 Offshore has launched the Sea1 Diamond, the first vessel in a series of four offshore energy support vessels under construction at COSCO Shipping.The float-out marks a key milestone in Sea1 Offshore's newbuild program, with the company describing the vessel as the start of a new chapter for its fleet.Sea1 Diamond is the first of four offshore energy support vessels ordered from the Chinese shipyard. The initial two vessels were contracted in November 2024, followed by two additional units in March 2025 as Sea1 expanded the program.Based on the ST-245 design…
Batteries at Sea: Not All-Electric, Not Everywhere but Increasingly Essential
For much of the maritime industry, the energy transition has been discussed in terms of alternative fuels – primarily LNG, methanol, ammonia, or hydrogen. Batteries have often been treated as a narrow tool for limited-purpose vessels, such as water taxis and harbor craft. That view is becoming too constrained.The importance of batteries comes not from technology enthusiasm alone. Global shipping accounts for roughly 3% of planet-warming emissions. Meanwhile, International Maritime…
TKMS Drops Out of Race to Acquire GNYK
German warship builder TKMS said on Tuesday it is no longer interested in acquiring smaller shipyard German Naval Yards, also known as GNYK.That would make German defence group Rheinmetall the only bidder currently in the running to purchase the ship maker, which has about 350 staff.Handelsblatt first reported on TKMS dropping out of the bidding earlier on Tuesday.Europe's naval firms are exploring tie-ups and partnerships amid accelerating consolidation in the booming defence sector, with Rheinmetall, the region's top ammunition maker, having last year joined the fray after the purchase of sh
Unmanned Vessels Proliferate in today's "Hybrid Navy Extravaganza"
Technology companies and shipyards are vying for attention as the US unmanned navy grows in size and sophistication.No too long ago, US Navy Secretary John Phelan said: “If the last few years of conflict have taught us anything, it is that we will not win the wars of the future with the platforms of the past.” The nation’s ability to deter future conflict or to prevail, if necessary, will benefit from high quantities of low-cost air, surface and subsea unmanned systems. These…
Balenciaga Returns to Shipbuilding After AD Ports Unit Takeover
Spain's Balenciaga Shipyard has restarted operations with the keel laying of its first vessel under new owner SAFEEN Drydocks, marking the revival of the historic Basque shipbuilder following its acquisition by the AD Ports Group subsidiary.The vessel is an offshore support tug and is one of two tugs currently in the yard's order book, which the company said positions Balenciaga to compete for work in the European offshore and renewable energy sectors.The keel laying ceremony…
Fourth NSMV Lone Star State Christened for Texas A&M Maritime Academy
The fourth of five National Security Multi-Mission Vessels (NSMVs), Lone Star State, was christened on July 17 at Hanwha Philly Shipyard in Philadelphia, marking another milestone in the U.S. Maritime Administration's next-generation training ship program.Built by Hanwha Philly Shipyard under the Vessel Construction Manager (VCM) model managed by TOTE Services, the vessel will be delivered to Texas A&M Maritime Academy this fall, where it will serve as the academy's primary training ship while also supporting federal humanitarian assistance and disaster response missions.Rachel Campos-Duffy…
Shipbuilding Contract Awarded for Missile Range Instrumentation Vessels
Hanwha Philly Shipyard (HPSI) and TOTE Services were selected to deliver the Missile Defense Agency’s (MDA) Missile Range Instrumentation Vessels (MRIV). TOTE Services will serve as vessel construction manager (VCM), and HPSI will build the ships at its Philadelphia shipyard.The MRIV will replace the Pacific Tracker and Pacific Collector, which currently support missile range instrumentation missions, and were constructed in 1965 and 1970, respectively. The selection of a VCM for the MRIV program comes as the federal government sharpens its focus on rebuilding the U.S.
Cadeler Welcomes Wind Ace WTIV to its Fleet
Cadeler has taken delivery of Wind Ace, its 11th offshore wind turbine installation vessel (WTIV) and the second of three A-class newbuilds.Built over the past two years at the COSCO Shipping Offshore shipyard in Qidong, China, the vessel was delivered on schedule and within budget, according to Cadeler.Following mobilization, Wind Ace will prepare for deployment on ScottishPower Renewables' 960 MW East Anglia TWO offshore wind farm in the UK, where Cadeler will transport and…
USCG RFP for Homeland Security Vessel Closes Soon
The Coast Guard released a request for proposal (RFP) for design, production, testing and delivery of homeland security cutter-light (HSC-L) vessels. The Coast Guard plans to acquire seven HSC-Ls through an indefinite delivery/indefinite quantity contract.The RFP is available here. Proposals are due by July 14, 2026.The Coast Guard’s aging fleet of 65-foot light icebreaking tugs was commissioned into service between 1961-1967 and is well beyond its planned end of service life.
76 Vessels, 30 Years: Fincantieri Delivers for Carnival Corp, Cuts Steel on New Ship
Three decades after helping redefine the modern cruise industry together, Fincantieri and Carnival Corporation have launched the next chapter in their long-running partnership.At Fincantieri's Monfalcone shipyard, executives from both companies gathered to celebrate the 30th anniversary of their relationship while officially marking the first steel cut for Carnival Destiny, the first of three next-generation Ace-class cruise ships being built for Carnival Cruise Line. The vessels are scheduled for delivery in 2029, 2031 and 2033.The ceremony carried a sense of history.
Berg Propulsion Secures Six-Vessel Equipment Order
Swedish marine propulsion technology company Berg Propulsion has secured a contract to supply propulsion packages for six 7,000-dwt multi-purpose dry cargo vessels being built by Jiangsu Dajin Heavy Industry in China for UK shipowner and operator Carisbrooke Shipping.The six vessels, designed by Dutch naval architecture firm Groot Ship Design, are scheduled for delivery between the third quarter of 2027 and the first quarter of 2029.Measuring 110 meters in length and 15.45 meters in breadth…
ADNOC L&S Orders Four LNG Carriers, Takes Delivery of VLAC Newbuild
ADNOC Logistics and Services (ADNOC L&S) has ordered four new liquefied natural gas (LNG) carriers from China’s Jiangnan Shipyard for about $900 million, expanding its LNG newbuild program to 18 vessels, while also taking delivery of the first of four very large ammonia carrier (VLAC) newbuilds.The four ships will each have a capacity of 175,000 cubic meters and are scheduled for delivery in 2029. They will be built at Jiangnan Shipyard in Shanghai.The agreement was signed during a visit to the shipyard by ADNOC Managing Director and Group CEO Sultan Ahmed Al Jaber.
Fincantieri Partners with Croatian Shipyards for MRC Corvettes Program
Italian shipbuilder Fincantieri has signed two memoranda of understanding with Croatian shipbuilding companies Brodotrogir Cruise and Iskra Shipyard in support of its participation in Croatia’s naval acquisition program for two Multi Role Corvettes.The agreements provide a framework for exploring cooperation in the design, engineering and construction of naval vessels in support of Fincantieri’s proposal for the MRC corvette program promoted by Croatia’s Ministry of Defense.The…
Concordia Damen to Build Two River Cruise Vessels for TUI River Cruise
Dutch shipyard Concordia Damen announced it has received a contract from TUI River Cruise for two CDS River Cruise 135 vessels. These cruisers are of in-house design and have been tailored to TUl's needs.TUI River Cruises' fleet is currently expanding from six to 10 ships, which will operate across Europe, the Rhine, Nile and the Douro. The two river cruisers that Concordia is constructing are designed for the UK market.These two newbuilds are constructed with methanol as a future fuel in mind. Each ship will contain 94 cabins for 188 guest capacity. Delivery is expected in 2028.
In the Heat of the Summer, Cool Carriers Receives Snow Flake
Cool Carriers has taken another step in its fleet renewal strategy with the delivery of MV Snow Flake, the second vessel in its next-generation Snow-class series, reinforcing the company's position as the world's largest operator of specialized refrigerated cargo vessels.The vessel was officially named June 29 at Kitanihon Shipbuilding in Japan, just three months after the delivery of sister ship Snow Flower. The ceremony was attended by Cool Carriers CEO Mikhail Ganyushin, while Nikolay Pavlyuchenko…