Industry News

Image credit: Canadian Coast Guard. The US is teaming up with Canada and Finland to build better icebreakers (ICE stands for Icebreaker Collaboration Effort). They want to: There’s a catch […]

Image credit: Smit Lamnalco. Boskalis, a company known for marine services, just signed a deal to buy the remaining half of Smit Lamnalco. This means Boskalis will now own Smit

Image credit: HE MARITIME EXECUTIVE. India’s shipbuilding industry is setting its sights on a bigger piece of the global pie, and it’s attracting attention from European companies. Here’s why: India

Image credit: Anatoly Menzhiliy/Shutterstock. Three oil tankers recently hit with UK sanctions are now in the Baltic Sea. Two are expected to load oil in Russian ports soon. This activity

Image credit: HD Hyundai. The shipbuilding industry is seeing a big jump in prices, with costs reaching their highest point in 16 years! This surge is being driven by a

Image credit: THE MARITIME EXECUTIVE. ASENAV, a family-owned shipyard in Chile, has been building specialized boats for South American waterways since the 1970s. This year marks their 50th anniversary! The

Image credit: REUTERS/Tatiana Meel//File Photo Sovcomflot, Russia’s leading tanker group, admitted that Western sanctions and shifting market conditions could slash their revenue this year. This is a rare public acknowledgment

Image credit: CMB.TECH Damen Shipyards and CMB.TECH are joining forces to construct some of the very first tugboats powered by hydrogen. This project strengthens Damen’s portfolio, following the introduction of

Image credit: REUTERS/Khaled Abdullah Yemen’s Iran-backed Houthi rebels, led by Abdulmalik al-Houthi, announced a significant expansion of their target zone. In a televised speech on Thursday, al-Houthi declared that all

Image credit: Lloyd’s Register China’s Marine Design & Research Institute (MARIC) has received LR approval for its design of a massive new car carrier. This behemoth, designed to hold a