South Korean shipbuilding giant HD Hyundai has secured a 2.13 trillion won ($1.5 billion) contract to build eight dual-fuel containerships for South Korea carrier HMM,… Weiterlesen »HD Hyundai Confirms $1.5 Billion Containership Order in Largest Deal Since 2007 Boom

The U.S. Navy announced Tuesday it is terminating four ships from its troubled Constellation-class frigate program before construction begins, marking a significant strategic shift as… Weiterlesen »Navy Cuts Constellation-Class Frigate Program Short as Shipbuilding Delays Mount

Two of the world’s most established mutual insurance providers serving the global shipping and logistics industries announced today they are exploring a potential merger that… Weiterlesen »Major Maritime Mutuals Weigh Merger That Could Reshape Shipping’s Insurance Industry

Response operations entered their fourth day on Tuesday as the Unified Command continues efforts to suppress a fire aboard the containership One Henry Hudson, which… Weiterlesen »Four Days On, Crews Continue Response to Deep-Seated Cargo Fire Aboard Containership Off Los Angeles

A new Government Accountability Office report has exposed severe problems plaguing the U.S. Coast Guard’s Offshore Patrol Cutter program, with both shipbuilders failing to deliver… Weiterlesen »GAO Finds Coast Guard’s Offshore Patrol Cutter Program Mired in Problems

An unprecedented Pentagon threat has erupted just as Washington attempts its boldest shipbuilding revival in decades, raising doubts about whether the administration’s maritime strategy can… Weiterlesen »Pentagon Threat to Senator Kelly Casts New Shadow Over Trump Administration’s Maritime Revival

The amount of Iranian crude held on tankers at sea has swelled to the highest in two-and-a-half years, reflecting slower demand from top buyer China… Weiterlesen »Iranian Oil Held at Sea Hits Most Since ‘23 as China Demand Lags

Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natural gas, Russian Deputy Prime Minister Alexander Novak… Weiterlesen »Russia Sees Scope for Oil Exports Boost to China, Urges Cooperation in LNG

The Pentagon on Monday threatened to recall U.S. Senator Mark Kelly, a retired Navy captain, to active duty status in order to prosecute him after… Weiterlesen »Pentagon Threatens Unprecedented Recall After Sen. Kelly Questions Legality of Deadly Drug-Smuggler Strikes

The United Kingdom has awarded a £316 million (US $414 million) contract to defense contractor MBDA UK to develop and deploy DragonFire, the Royal Navy’s… Weiterlesen »UK Fast-Tracks Naval Laser Weapon After Successful High-Speed Drone Trials