Shipbuilding News

Fincantieri this week pledged to double its core profit to $1.49 billion in 2030 under a new defence-centred multi-year strategy that will also double its shipyard production capacity in Italy and expand its underwater business.Rising demand from the defence sector as Europe steps up military spending, with new contracts coming in already this year, is driving the need to increase production capacity, Fincantieri said.The Italian shipbuilder projected a 40% increase in revenue through 2030…

Stena Line has invested millions in extensive refurbishment and modernization of the Stena Germanica and Stena Scandinavica ferries on the Gothenburg–Kiel route. The renovation includes restaurant and bar areas as well as outdoor decks ahead of the com-ing travel season.Stena Line has carried out an extensive modernisation of the Stena Germanica and Stena Scandinavica ferries that operate on the route between Gothenburg and Kiel. Now that the ships have recently returned from the shipyard, passengers can enjoy renovated restaurant and bar areas and an upgraded outdoor deck.

Delaware River and Bay Authority (DRBA) Commission awarded a contract for the construction and outfitting of a new 75-car passenger/vehicle ferry to SENESCO Marine LLC of North Kingstown, RI. The project low bid was $78.6 million.The new ferry will eventually replace the MV Cape Henlopen, an over 40-year-old diesel engine ferry that currently serves passengers who travel between Lewes, Delaware, and Cape May, New Jersey. DRBA Executive Director Joel Coppadge realizes the historical…

Island Offshore’s new hybrid Ocean Energy Construction Vessel (OECV) has been launched to the water at Vard Shipyards Romania in Brăila.The 120-meter vessel, labeled NB 977, is designed to support offshore operations with reduced environmental impact. The vessel, of VARD 3 25 design, will be equipped with a 250-tonne heave-compensated subsea crane, DP2 capability and accommodation for up to 130 personnel.The hybrid-powered vessel will feature a 1.7 MWh energy storage system for hybrid propulsion, a heat recovery system and engine sets prepared for alternative low-emission fuels.

The shipping industry's biggest players are shrugging off Trump administration opposition to a global carbon price and are forging ahead with billions of dollars in emissions-reducing investments, according to company officials and a Reuters analysis of data.Europe, Brazil and a host of other nations are pushing the sector, which is responsible for nearly 3% of the world's greenhouse gas emissions, to go green. But, in October, the U.S. and Saudi Arabia, the world's two largest oil producers…

U.S. autonomous vessel developer Saronic is moving to integrate physical AI-driven welding robotics into its Louisiana shipyard operations, launching a collaboration with Path Robotics aimed at accelerating production and modernizing American shipbuilding.The initiative will begin at Saronic’s Franklin, Louisiana facility, where intelligent welding cells will combine Path Robotics’ AI-enabled welding models with Saronic’s in-house team of welders. The goal is to increase throughput…

In a move that underscores the accelerating adoption of robotics in shipbuilding, Seaspan Shipyards has awarded a $1.5 million contract to Alberta-based Confined Space Robotics (CSR) to develop and integrate semiautonomous robotic systems for blast and paint operations.Surface preparation and coating are core processes in both newbuild and complex repair and overhaul programs, particularly in submarine work where confined spaces and hazardous materials present heightened safety risks.

GustoMSC, through its parent company NOV, has secured contracts for the design and supply of critical equipment for Hanwha Ocean’s new wind turbine installation vessel (WTIV), based on the GustoMSC NG-16000X design, with delivery scheduled for the second quarter of 2028.The vessel will be the fourth based on the NG-16000X platform, following an initial U.S.-built unit and two vessels for Cadeler currently under construction at Hanwha Ocean.Designed to support Korea’s offshore wind ambitions…

The German Shipbuilding and Ocean Industries Association (VSM) is calling on European leaders to adopt a pragmatic industrial strategy as debate intensifies around a proposed “Buy European” approach tied to public spending in strategic sectors.In a statement issued during an informal meeting of the European Council in Belgium, VSM argued that requiring a defined level of European value creation in publicly funded projects should not be framed as protectionism. Instead, the association…

The U.S. Coast Guard has completed the award of contracts for 11 Arctic Security Cutters with the announcement that Canada's Davie Defense, Inc. will construct two Arctic Security Cutters at Helsinki Shipyard in Finland and three domestically.The contract fulfills President Trump’s directive to rapidly expand America’s icebreaker fleet.The Arctic Security Cutters will defend U.S. sovereignty, secure critical shipping lanes, protect energy and mineral resources, and counter foreign malign influence in the Arctic region.A robust icebreaker fleet will enable the Coast Guard to control…

Meyer Turku has unveiled a net-zero cruise ship concept design named AVATAR.The project achieved its set emissions reduction target: the vessel’s lifecycle carbon footprint was successfully reduced by more than 90 percent compared to the baseline defined by the IMO.Developing a net zero vessel concept was one of the key objectives of NEcOLEAP, Meyer Turku’s four‑year research and development program co‑funded by Business Finland. The outcome has also been critically reviewed by a third party.“AVATAR has provided a solid foundation for our development work.

Great Lakes Dredge & Dock Corporation and Saltchuk Resources, Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion.Under the terms of the agreement, which has been unanimously approved by the Board of Directors of both companies, Saltchuk will commence a tender offer to acquire all outstanding shares of the Company for $17.00 per share in cash. The per share purchase price represents a 25% premium to Great Lakes’s 90-day volume-weighted average price as of February 10…

With a growing focus on mitigating climate change and progressing toward the International Maritime Organization’s (IMO) 2050 net-zero target, the marine sector is under intense pressure to decarbonize. Today, maritime transport emits nearly one billion tons of CO2 annually, representing roughly 2-3% of all energy-related carbon emissions worldwide .Substantial progress has been made over the past decade in reducing emissions from small commercial and coastal vessels via all-electric and diesel-electric propulsion (DEP) systems.

Italian shipbuilding giant Fincantieri has launched an industrial partnership with Generative Bionics aimed at developing a humanoid welding robot designed to operate alongside human workers in shipyard environments. The initiative aligns with Fincantieri’s broader strategy around advanced robotics, physical AI and innovation, core pillars of the Group’s new Industrial Plan.The collaboration brings together Fincantieri’s deep industrial and shipbuilding expertise with Generative Bionics’ autonomous humanoid robotics platform.

Sustainability has become a defining priority across industrial and maritime operations. While much of the discussion centers on alternative fuels and emerging technologies, one of the most immediate and cost-effective opportunities to reduce energy consumption and emissions is often overlooked: precision shaft alignment.AME sees firsthand how precision shaft alignment services improve equipment reliability, reduce vibration, and support long-term sustainability across both marine and industrial environments.The Hidden Energy Fee of Shaft MisalignmentMisalignment in rotating equipment…

NYK recently made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares, funding expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles (USVs), among other initiatives.OC, an ocean-tech startup, aims to establish a mass-production framework for USVs within the next few years. The large-scale production and social implementation of USVs will enable the creation of new marine infrastructure that contributes to addressing societal challenges such as ocean surveillance…

Anemoi Marine Technologies and COSCO Shipping Heavy Industry have renewed a framework agreement to expand collaboration on the installation of rotor sail wind-propulsion systems across COSCO Shipping subsidiary shipyards.The renewed agreement builds on cooperation that began in 2022, during which the companies completed the installation of nine rotor sails at COSCO Shipping Heavy Industry yards, including installations on very large ore carriers for Vale and U-Ming at the Zhoushan yard.Under the updated framework…

While the IMO has established interim guidelines to facilitate the use of ammonia as a marine fuel, international standards governing the safe treatment and discharge of toxic ammonia effluent generated during vessel operations have yet to be developed.Unlike typical aqueous ammonia, this effluent exhibits different physical and chemical characteristics, and the lack of clearly applicable international standards has created uncertainty for ship design, operation, and environmental management.In response…

The weekly roller coaster that has become the global marketplace went through its regular gravitational drop this week, with the U.S. dollar taking the “cement-footed diving approach” in all ship-recycling destinations… except Turkey, reports cash buyer GMS.The Baltic Exchange Dry Bulk Index fell 0.7% down to a two-week low, dragged by the Capesize index, which fell 1.1% over the week. The Panamax index slipped 0.4%, while the Supramax index rose 0.2%. Meanwhile, easing tensions between the U.S.

On January 22, 2026, Eastern Shipbuilding Group (ESG) and partners, U.S. Army Corps of Engineers (USACE) and Royal IHC, held a keel laying ceremony for the ongoing construction of the Dredge DONNELLY at Eastern’s Allanton Facility.The DONNELLY is a Medium Class Hopper Dredge that has been under construction since April 2025. The vessel will replace the Dredge McFARLAND and will play a critical role in enabling USACE to continue to deliver its navigation mission.The keel laying…

AET signed an agreement for its first hybrid electric Dynamic Positioning Shuttle Tanker (DPST), designed to be dual-fuel, lower-emissions-ready and secured on long-term charter. AET operates one of the world’s largest DPST fleets, with 17 vessels deployed across Brazil and Norway, and further growth planned. With dual-fuel capability across all tanker segments, the addition of hybrid electric propulsion further broadens lower-emissions optionality for customers while enhancing competitiveness.The agreement was signed with Dalian Shipbuilding Industry Corp.

A.P. Moller - Maersk has ordered eight large container vessels from China’s New Times Shipbuilding.All eight ships will have the same characteristics and make up a new series of 18,600 TEU vessels with delivery in 2029 and 2030.The ships will be equipped with dual-fuel engines able to operate on conventional bunker fuel or liquified gas.“We are pleased to have signed this agreement for eight large vessels. The order is part of our ongoing fleet renewal and helps maintain our fleet’s competitive edge…

PaxOcean, a part of Kuok Maritime Group (KMG), has opened a new S$200 million shipyard at 5 Jalan Samulun (5JS).The shipyard, situated in the Jurong Industrial Estate, spans 17.26 hectares and features two large graving docks, one floating dock, expanded quayside capacity, and dedicated, integrated workshops to support complex and high-value maritime and offshore assets. The build took two years and was jointly supported by JTC Corporation (JTC) and Singapore Economic Development Board (EDB).5JS replaces PaxOcean’s previous location at 33 Tuas Crescent.

Turkish tugboat builder Sanmar Shipyards has further reinforced its partnership with SAAM Towage through the delivery of a Boğaçay-Class tug that will operate in Latin America.The vessel, which has been named SAAM GUANAY, is based on the RAmparts 2400SX-MKII design by Canadian naval architects Robert Allan Ltd and becomes the 13th Sanmar-built tug in the SAAM Towage fleet.Designed for optimum performance in ship-handling operations, the tug measures 24.4m in length, with a 12m beam, 4.5m molded depth, and a 5.45m draft.

Kongsberg Maritime has been hired by Consórcio Marenova to design and equip four methanol- and ethanol-ready handy-size product tankers for Petrobras Transporte (Transpetro).The vessels will be built by Consórcio Marenova, a partnership between Ecovix in Rio Grande and MacLaren in Niterói, and will be operated by Transpetro.Kongsberg Maritime said the contract is valued at more than $31 million (NOK 300 million) and includes delivery of complete ship design and a range of integrated systems.These include propulsion systems with Promas and controllable pitch propellers…

Mitsui O.S.K. Lines (MOL) has taken delivery of a new liquefied petroleum gas (LPG) dual-fuel very large gas carrier (VLGC), Energia Grandeur.The vessel was ordered by MOL group company MOL Energia from Hyundai Samho Heavy Industries, with delivery taking place off Mokpo port in South Korea on January 29, 2026.Energia Grandeur will operate under a time charter contract for CSSA Chartering and Shipping Services SA, a subsidiary of TotalEnergies.The vessel is a dual-fuel carrier capable of operating on LPG and heavy fuel oil.

Italian shipbuilder Fincantieri and Oceania Cruises, a brand of Norwegian Cruise Line Holdings (NCLH), have held the keel laying ceremony for the Oceania Sonata cruise ship at Fincantieri’s Marghera shipyard.With a gross tonnage of about 86,000 tonnes, Oceania Sonata will accommodate up to 1,390 guests. The ship is designed to feature large public spaces and high levels of comfort, continuing Oceania Cruises’ focus on luxury travel and onboard experiences.The vessel is scheduled for delivery in 2027.Oceania Sonata is the first vessel in the new Sonata class…

In a major milestone for Auckland’s public transport network, the city’s first plug-in hybrid electric fast ferry has performed exceptionally on sea trials and will soon enter service on the busy Auckland to Devonport commuter route. The vessel achieved a top speed of 36 knots on all-electric mode, with the performance of the electric propulsion and onboard systems consistently meeting and surpassing expectations.Designed by Incat Crowther, built by Q-West Boat Builders with systems integration by Hamilton Jet…

Huntington Ingalls said on Thursday that it had expected free cash flow for the current quarter to be negative, despite beating quarterly profit estimates, sending its shares down 11% at midday.CEO Chris Kastner said on a post-earnings call that the negative cash flow represented use of about $600 million, "as some of the fourth-quarter working capital benefit unwinds".Rising global tensions are driving up demand for Huntington Ingalls' nuclear-powered Columbia-class submarines, and the company is also positioned to benefit from U.S.

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, won a defense export order from the Government of Sultanate of Oman to supply a state-of-the-art training ship. The vessel that will support the Royal Navy of Oman’s (RNO) advanced naval training and maritime operations, is expected to be delivered within 18 months.Measuring 104.25 x 13.88m and displacement of up to 3500T, the training vessel will be equipped with modern classrooms, training offices and accommodation facilities.

Fincantieri has signed a strategic agreement with Italian deep-tech company WSense to jointly develop and commercialize advanced wireless technologies for underwater applications, strengthening the shipbuilder’s position in subsea monitoring and protection systems.The agreement covers both the co-development of wireless underwater communication solutions and a commercial framework for deploying the technology in environmental monitoring and infrastructure integrity applications through Fincantieri Infrastructure.Under the partnership…

Damen Shipyards Group announced the completion of sea trials for the latest Island Class ferry for BC Ferries. The seventh Island Class vessel in a series of ten undertook trials during weeks 49 and 50 last year in the Black Sea.Damen is currently constructing four Island Class vessels for the Canadian ferry operator. Upon delivery, the vessels will fulfil an important function, connecting coastal communities along the British Columbian coast, a role that is thoroughly aligned with Damen’s values, says Project Manager Richard Tijpens. “We are a family company, with deeply held family values.

Global operator of roll-on/roll-off carriers Sallaum Lines has taken delivery of the MV Ocean Legacy, a pure car and truck carrier (PCTC) that has joined its Ocean Class fleet.The delivery follows the recent entry into service of the MV Ocean Explorer and forms part of Sallaum Lines’ Ocean Class program, which focuses on fleet renewal, operational efficiency and lower-emission maritime operations.The vessel was built at China Merchants Jinling Shipyard (Jiangsu) and measures about 199.9 meters in length and 37.7 meters in breadth.

Maybe it is a human trait, or maybe a Washington, D.C. trait, but when confronted with a difficult problem with unpalatable solutions, there is usually an impulse to delay the moment of difficult decision by ordering a study. The U.S. merchant marine industry is the poster child for this behavior. The industry has been studied and studied, and is currently being studied, but studies don’t build ships -- shipyards build ships.Going back to the Lynch Committee in 1870, the U.S. government has regularly produced studies on how to revive the U.S. merchant marine.

Tim Mooney is the third-generation family member at the helm of the iconic Fire Island Ferries. While the company’s primary focus has been moving people to and fro, from the Long Island, NY mainland to the Fire Island barrier communities and beaches, the business has evolved and grown since its start in 1948 via acquisition and organic growth. Mooney discuss the assets, the people and the priorities to safely, efficiently keep his cumulative operation of moving about one million people annually in good order.There are ferry operators…

Financial support from federal and state agencies helped Gladding-Hearn Shipbuilding, Duclos Corporation, in undertaking capital projects that have made its shipyard operations more efficient and safer.With a Small Shipyard Grant from the U.S. Maritime Administration (MARAD), the yard replaced heavy bi-fold doors on its 12,000 square foot Walker St. facility. It took two cranes and as many as six employees to open the doors, explained Peter Duclos, shipyard co-president and director of business development.

The European Commission is set to propose measures designed to ensure more vessels and other goods and services for the European Union's shipping sector are made in the bloc, according to a draft document seen by Reuters on Tuesday.The "Made in EU" proposals will be presented next week, a week before the EU executive announces a broader push to prioritise locally manufactured products, a plan that has split EU countries.For shipping, the draft document says the Commission will encourage public authorities buying ships or equipment to select suppliers based on non-price factors such as sustaina

Singaporean shipbuilder Strategic Marine has delivered a 27-meter crew transfer vessel (CTV) to a Taiwanese company for offshore wind operations in Taiwan.The vessel is based on Strategic Marine’s StratCat 27 design, which was developed in collaboration with BMT, and is intended to support offshore wind farm construction, operations and maintenance activities.According to Strategic Marine, the CTV features a hull form designed to enhance seakeeping, maneuverability and operational performance in Taiwan’s offshore conditions.

Vard, the Norwegian subsidiary of the Fincantieri Group, has delivered the second Commissioning Service Operation Vessel (CSOV) to Windward Offshore, named Windward Paris.The naming ceremony was held at the delivery yard, Vard Brattvaag in Norway on January 28, 2026.Windward Paris is the second CSOV Vard has delivered to Windward Offshore, one week before contractual delivery date.The first vessel Windward Athens, delivered on time in September 2025, is currently operating under an O&M contract…

Maersk has taken delivery of Tangier Mærsk, the first vessel in a new series of six mid‑size vessels.The delivery took place at Yangzijiang Shipbuilding Group’s yard in Jingjiang, China, where the vessel was named Tangier Mærsk.The six vessels in this new series have a capacity of 9,000 TEU each and are equipped with a dual fuel engine able to operate on methanol.On its maiden voyage, Tangier Mærsk will call Shanghai and enter deployment on Maersk’s TP15 service, which connects…

January 2026 joins the pages of history as being part of the ongoing misery for the global ship recycling world, but there were noteworthy surges to report this week, saysreports cash buyer GMS.“Across the board, for most of the major fundamentals, except sub-continent steel plate prices that have become the perennial party poopers of the recycling world of late, the momentum was definitely beyond noticeable,” says GMS. “The Baltic Exchange Dry Index, oil futures, and the U.S. Dollar collectively soared this week, creating ripples that would certainly be felt within the next four weeks.

Trident Maritime Systems, a major supplier to the U.S. Navy, has partnered with Gecko Robotics to deploy advanced manufacturing technologies that expand production of the fleet’s essential components.Across 20 fabrication facilities responsible for mission-critical parts to fully integrated shipboard systems, AI and robotics will increase throughput by at least 40% in support of the Navy’s growing shipbuilding and sustainment demands.Gecko and Trident will bring new digital and robotic capabilities to increase capacity within legacy manufacturing environments…

The World Shipping Council (WSC) has published its latest update to the WSC Dual-Fuel Fleet Dashboard, tracking the global liner shipping industry’s investment in new ships capable of running on renewable and lower-emission fuels.As of December 2025, the number of dual-fuel container ships and vehicle carriers on the water has reached 400, up from 218 in 2024.The number of dual-fuel ships on order has also continued to grow, reaching 726 vessels, despite a flurry of deliveries shifting from the orderbook onto the water.

Specialist provider of crew transfer solutions to the offshore wind industry Tidal Transit has unveiled the latest addition to its growing fleet of purpose-build crew transfer vessels (CTVs).The new 24-passenger CTV, Emilia Jane, is the latest WindFlex-27 with quad-IPS propulsion, designed by Incat Crowther UK and built by Penguin International.Expected to arrive in the UK in March 2026, Emilia Jane will provide essential service and maintenance support to offshore wind operations in the North Sea.Building on her predecessors’ designs (Arabella Jane…

Northern Lights JV has awarded a charter agreement to a consortium of “K” Line and MISC Berhad initially for one new liquid CO₂ transport vessel. A second vessel will be awarded to the same consortium in April 2026. Further, two charter agreements have been awarded to Mitsui O.S.K. Lines for two new CO₂ transport vessels.The three first vessels awarded will each have a 12,000 m3 cargo capacity.The long-term time charter agreements are for cross-border transport of CO₂ from commercial customers in Europe.

A comprehensive suite of Furuno navigation and communication systems have been installed aboard Federal Hill, a new Baltimore Class high-speed pilot boat recently delivered to the Association of Maryland Pilots by Gladding-Hearn Shipbuilding.Designed for demanding harbor pilotage in all seasons, Federal Hill relies on Furuno’s NavNet TZtouchXL Multi Function Displays (MFDs) to support safe, efficient operations in congested waterways and challenging conditions. The wheelhouse features dual 16" TZT16X MFDs with a networked DRS6ANXT Solid-State Doppler Radar…

The U.S. Coast Guard is accelerating long-term investments in cutters, aviation assets and autonomous systems following what service leaders described as a historic infusion of funding from Congress in 2025, according to testimony before the Senate Commerce Committee.During the hearing, Senator Roger Wicker (R-Miss.) pressed Admiral Kevin Lunday, Commandant of the United States Coast Guard, on how the service is translating recent budget increases into operational capability, particularly in the Indo-Pacific.Adm.

Wilson Sons held a launch ceremony for the tugboat WS Halcyon Thursday, January 29, in Rio de Janeiro. It is the first of a new series of three high-powered tugs.Built at the company’s shipyard in Guarujá (São Paulo), WS Halcyon is a class 2312 tug (23 meters long and 12 meters wide) with azimuth propulsion and 70 tons of bollard pull, which is capable of supporting the world’s biggest ships on docking and undocking maneuvers in Brazil's main ports. It is also equipped with a firefighting system with a capacity of 2…

Ocean Network Express (ONE) reported a net loss of $88 million for the third quarter of FY2025, as persistent fleet growth and slower cargo movement weighed on short-term freight rates, particularly in the Asia–North America tradeThe result marked a sharp year-on-year deterioration from the same period in FY2024, reflecting a softer supply-demand balance driven by continued newbuilding deliveries across the global container fleet.For the quarter ended December 31, 2025, ONE generated revenue of $4.07 billion…

DHT Holdings, Inc. (NYSE:DHT) entered into an agreement to sell the DHT Bauhinia, built in 2007, for a price of $51.5 million. The vessel is expected to be delivered to the new owner during June/July 2026. The vessel is debt free and the company expects to record a gain of $34.2 million related to the sale.

In the 1990’s, my father was asked to attend a side shell damage on a US Navy vessel. The damage was caused by assist tug hard contact. He surveyed the damage and came back to the office to write it up. His partner Harry Ottaway saw my Dad’s commercial damage repair estimate, and said: “Henk it is a Navy ship. Double it, and double it again”. He did and came pretty close to the Navy’s claimed repair cost.This was not a complex damage, and in actual repair process was no different than the repair of a commercial vessel side shell damage…

Hafnia has taken delivery of the ECOMAR GIRONDE, the final vessel in its four-ship ECOMAR dual-fuel methanol newbuilding program developed in joint venture with France’s Socatra, completing the newbuilding series.Built at Guangzhou Shipyard International in China, ECOMAR GIRONDE is a 49,800-deadweight dual-fuel, methanol-capable Chemical IMO II medium-range tanker. With its delivery, the ECOMAR quartet - ECOMAR GASCOGNE, ECOMAR GARONNE, ECOMAR GUYENNE and ECOMAR GIRONDE - is now…

French engineering specialist GTT has received an order from the shipyard Hanwha Ocean for the tank design of two new liquefied natural gas (LNG) carriers.As part of this order, GTT will design the cryogenic tanks of the two LNGCs, each offering a capacity of 174,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery of the vessels is scheduled between the first and second quarters of 2029.

The newest addition to the Manson Construction Co. (Manson) fleet—the hopper dredge Frederick Paup—departed the Seatrium AmFELS shipyard in Brownsville, TX, on Tuesday afternoon, setting sail for Mobile, AL.Representing Manson’s single biggest investment since its founding in 1905, the Frederick Paup—designed in collaboration with Hockema Whalen Myers Associates, Inc. of Seattle, WA and built by Seatrium AmFELS in Brownsville, TX—is the largest self-propelled hopper dredge in the United States.The 15…

Deltamarin has signed a basic design contract with Jiangsu Zhenjiang shipyard (Group) CO., LTD for Meriaura’s new open deck carrier.Design work will start immediately at Deltamarin Finland, with delivery scheduled for early 2028. The ordered 6,800 DWT open deck carrier is 120 meters long and features 1A ice class and DP2 notation.Deltamarin developed the vessel concept together with Meriaura during 2025, based on Meriaura’s two preceding open deck carriers. The contract signed with the builder…

Stena RoRo has ordered a new generation of Roll-on/Roll-off (RoRo) vessels, placing firm orders for two C-Flexer RoRo ships with options for an additional four, as the company moves to expand its offering of flexible and future-proofed tonnage for the global market.The vessels have been developed by Stena RoRo in cooperation with Italian design firm NAOS Ship and Boat Design and form part of the company’s long-term strategy to provide adaptable RoRo vessels capable of meeting evolving operational and regulatory requirements.“With Stena RoRo’s extensive experience and market knowledge…

Mitsui O.S.K. Lines (MOL) has signed a long-term charter agreement with India’s state-owned Oil and Natural Gas Corporation (ONGC) for two newbuilding very large ethane carriers (VLECs) to be constructed by Samsung Heavy Industries.MOL established two joint ventures with ONGC, with the joint ventures and ONGC signing a 15-year charter contract for the vessels.The two vessels, each with a cargo capacity of 100,000 cubic metres, will be built at Samsung Heavy Industries’ Geoje shipyard in South Korea.

Elomatic, an international consulting and engineering company with expanding operations in Canada, has established a strategic partnership with Indigenous Works (IW), a prominent national Indigenous not-for-profit organization with a mandate to support the employment and inclusion for Indigenous peoples, throughout Canada.Established in 1998, Indigenous Works has significant expertise in developing inclusive labor market solutions and employer workplace inclusion strategies for Canada’s major industrial sectors.

Technology group Wärtsilä will supply its Wärtsilä 25 ammonia solution to power a new cargo vessel for Norway-based Skarv Shipping Solutions, marking the first newbuild to use the company’s four-stroke ammonia engine technology.The vessel will be constructed at Huanghai shipyard in China and is intended to support Skarv Shipping Solutions’ strategy to deliver sustainable short-sea shipping services in Northern Europe.Wärtsilä will provide the Wärtsilä 25 Ammonia engine together with the complete fuel gas supply system and exhaust after-treatment…

Fincantieri has launched Italian Navy’s newly built hydro-oceanographic ship (N.I.O.M.) Quirinale at its integrated shipyard in Riva Trigoso, marking a milestone in Italy’s maritime research and monitoring capabilities.The vessel, designated N.I.O.M. Quirinale, has been designed to support scientific mapping and monitoring activities and will operate in support of the Italian Navy Hydrographic Institute, the state authority responsible for producing official national nautical documentation.Measuring approximately 110 meters in length with a displacement of around 6…

China and Denmark renewed a memorandum of understanding on cooperation in green maritime technology and shipbuilding during a meeting between the two nations' industry ministers in Beijing on Tuesday, China's industry ministry said in a statement.China is willing to jointly conduct research and development with Denmark on low-carbon and zero-carbon fuel-powered ship technologies and explore cooperation potential in the new energy vehicle sector, Li Lecheng, the Chinese minister, told Denmark's Business and Industry Minister Morten Bodskov.(Reuters - Reporting by Ethan Wang, Yukun Zhang and Rya

Indian sub-continent ship recycling markets have been reflecting on what has been escalating on the international stage of late, reports cash buyer GMS. The company notes extremely turbulent effects emanating week after week from these markets — meaning it is becoming increasingly difficult to identify what price can be obtained for which type / LDT of unit and, most importantly, which buyer in which market would be willing to jump for the unit in question.“As we await January’s inflation figures from the various destinations…

Frontline plc (NYSE and OSE: FRO)  entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel.“We are in unprecedented times, and these are charter-out-levels not seen for decades," said Lars H. Barstad, CEO, Frontline Management AS. "Frontline remains largely spot exposed after these contracts become effective, retaining upside in one of the most volatile markets in the world.”

Seatrium delivered FREDERICK PAUP to Manson Construction Co. Built at Seatrium’s Brownsville Texas yard, the Jones Act-compliant vessel is the largest self-propelled hopper dredger in US history.Key highlights:Largest in the U.S. – 420’ length x 81’ beam, with a 15,000+ cubic yard hopper capacityPowerful and Agile – Self-propelled with 25,000 horsepower, triple azimuthing stern drives, and twin bow thrustersSustainable – Tier 4 Wabtec Diesel-Electric Engines and an advanced hull…

Swan Defence and Heavy Industries (SDHI) has signed its first newbuild contract for six IMO Type II chemical tankers, marking a milestone for India’s commercial shipbuilding sector and the country’s first chemical tanker order placed with a domestic shipyard.The contract, valued at $227 million, was awarded by European shipowner Rederiet Stenersen AS and covers six 18,000 deadweight-tonne vessels to be built at SDHI’s shipyard in Pipavav, Gujarat. The agreement also includes an…

The CMA CGM Group recently received its 400th owned vessel, the CMA CGM Monte Cristo, the first in a series of six methanol container ships.This key milestone reflects the Group’s long-term investment strategy, built on asset ownership and the integration of advanced technologies to enhance the environmental and operational performance of its fleet.With the CMA CGM Monte Cristo, the Group reaches a milestone of 400 owned vessels, within a fleet of more than 650 vessels worldwide.

As global demand for data storage and processing accelerates — driven by cloud computing, streaming media, and the explosive growth of artificial intelligence — the physical footprint of data centers has become a growing challenge. Land-based facilities face mounting constraints: limited space, water scarcity, grid congestion, long permitting timelines and rising community opposition. Against that backdrop, a once-niche concept is moving rapidly into the mainstream conversation: floating data centers.For maritime designers…

Anschütz completed refit of Integrated Navigation System for RRS Sir David AttenboroughSince entering service in 2021, the polar research vessel RRS Sir David Attenborough has been equipped with navigation systems from Anschütz. As part of a recent refit, Anschütz has now supplied the vessel with a new, state-of-the-art SYNAPSIS NX Integrated Navigation System (INS), along with upgrades to the radar systems. The new technology enhances the stability and performance of the bridge system…

HII’s Ingalls Shipbuilding division has successfully completed builder’s sea trials for USS Zumwalt (DDG 1000).The Ingalls and Navy team conducted a comprehensive series of at-sea tests following an extensive modernization availability as the Navy’s first Conventional Prompt Strike (CPS) platform.USS Zumwalt, the lead ship of the Zumwalt-class destroyers, arrived at the Pascagoula shipyard in August 2023 for modernization. Shortly after arrival, the ship was moved onto land where the Ingalls team completed major technology upgrades.

Norwind Offshore has taken delivery delivery of Norwind Maestro commissioning service operations vessel (CSOV) from Vard Søviknes, further expanding its managed fleet and reinforcing long-term commitment to supporting offshore wind farm operations.The 85-meter long Norwind Maestro CSOV has become the sixth vessel in Norwind Offshore’s fleet.The vessel, of VARD 4 19 design, will immediately start its 10-year contract at the Global Tech 1 Offshore Wind Farm in Germany, supporting operations and further strengthening the company’s long-standing partnership with Wind Multiplikator, a subsidiary of

Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector.SAFEEN Drydocks, part of Noatum Maritime, acquired the Basque-region shipyard, which will be renamed Balenciaga Shipyard, adding nearly a century of shipbuilding experience and advanced infrastructure to AD Ports Group’s portfolio.The facility includes two drydocks…

Engineering and design company Stantec and AECOM has been selected by the U.S. Naval Facilities Engineering Systems Command (NAVFAC) to lead multidiscipline architect-engineer and consulting services as part of a five-year, US$150 million single award contract.The Stantec-AECOM Joint Venture work will directly support the US Navy’s Shipyard Infrastructure Optimization Program (SIOP) focusing on the modernization of Portsmouth Naval Shipyard (PNSY) in Kittery, Maine.SIOP is upgrading…

Damen Shipyards Group has announced a contract with the Qatar Emiri Naval Forces (QENF) for the delivery of two ASD Tugs 3212. The contract was announced at the Doha International Maritime Defence Exhibition and Conference (DIMDEX) 2026 in Qatar.The order follows a memorandum of understanding (MoU) signed by Damen and the QENF at the previous DIMDEX event in 2024, for the delivery of auxiliary vessels. Damen is constructing the two tugs at the Damen Song Cam Shipyard in Vietnam.One of the vessels is already under construction and will be delivered later this year.

Palantir leaders said the U.S. technology company has clinched a deal to sell more software to HD Hyundai, ramping up its heavy-industry work in South Korea.The agreement is worth hundreds of millions of dollars to Palantir over several years, a person familiar with the matter told Reuters on Tuesday.Palantir declined to comment on terms of the deal.The companies organized a signing ceremony at office space Palantir set up for the World Economic Forum's annual meeting this week in the Swiss resort of Davos.The agreement marks an expansion of work Palantir began in 2021 with HD Hyundai…

On Monday, January 19, 2026, production of the fifth vessel in the Icon Class began at the Meyer Turku shipyard. The ceremonial event held in the steel hall was attended by representatives of the ship’s owner Royal Caribbean Group, the Meyer Turku organization, and the classification society.The traditional steel-cutting ceremony marked the start of more than two years of construction and outfitting work, involving thousands of professionals across different fields. Once completed…

The Marshall Islands Flag State Administration and Bureau Veritas have formally approved SOLAS equivalency proposals submitted by Union Maritime and BAR Technologies for two MR2 tankers under construction at Wuhu Shipyard, China. The vessels will be equipped with BAR Technologies' WindWings advanced wind propulsion systems designed to reduce fuel use and emissions.The approvals cover detailed equivalency proposals addressing bridge visibility, navigation-light placement and radar line-of-sight, critical compliance factors affected by the installation of wing sails.

Hydromover 2.0, an all-electric light cargo transfer vessel designed by Incat Crowther for Singapore’s marinEV, a business of Yinson GreenTech, has officially entered service in Singapore.Building on the success of the prototype Hydromover 1.0, Singapore’s first fully electric cargo vessel launched in 2023, the next-generation Hydromover 2.0 is now transporting light cargo to vessels anchored in the Singapore Strait waiting to dock at the Port of Singapore. The launch of Hydromover…

The Baltic Exchange Dry Index halted a nine-session slide to mark a 2.3% U-turn, climbing to 1,567 points, reports cash buyer GMS. This was driven by gains across segments: Capes (up 2.3%), Panamax (up 4.3%), and the smaller segments adding four points by week’s end.“Notably, the overall benchmark index still finished the week down 7.2%. Oil too continued to trip on itself and stayed below the coveted USD 60/barrel mark despite a 0.4% increase, closing the week out at USD 59.44/barrel.“The U.S.

European shipowners who wish to have their vessels recycled will now be able to fulfil their legal obligations using a single administrative form.The European Commission has adopted new formats for the certificates used to list all hazardous material present on board a vessel and to confirm that a ship is ready for recycling.The update will enable ship owners to fulfil their obligations under both the EU's Ship Recycling Regulation and the Hong Kong Convention with a single certificate…

On January 20, Brazil President Luiz Inácio Lula da Silva will sign contracts for the construction of vessels for the Mar Aberto Program, an initiative aimed at renewing and expanding the Petrobras fleet.Petrobras and Transpetro are contracting five gas carrier ships, in addition to 18 barges and 18 pushboats, in a total investment of R$ 2.8 billion, with the potential to generate more than 9,000 direct and indirect jobs.All vessels will be operated by Transpetro and built in shipyards in three states.

The formerly retired tugboat Polar King is back on the water thanks to the hard work of the Alaska Marine Lines team and many others throughout the Lynden companies. The 50-year-old tugboat was completely overhauled earlier this year and is now back in the fleet and will be towing barges between Seattle, Hawaii, and Western Alaska ports. The 120- by 34-ft. tug was built in 1974 at McDermott Shipyard, one of eight built that year. Four of those vessels ended up towing barges at AML.