Stay informed with real-time maritime industry updates
Seatrade Maritime
Seatrade Maritime reports that the European Union is set to unveil a new policy next week aimed at boosting investment in the shipbuilding sector. This initiative is part of the EU's broader 'Made in EU' strategy to support European manufacturers.
Seatrade Maritime
China State Shipbuilding Corporation (CSSC) has opened a representative office in Qatar, enhancing its presence in the Middle East, as reported by Seatrade Maritime. This move is part of CSSC's strategy to strengthen its foothold in a core market region.
Splash247
A landmark Supreme Court ruling has invalidated CK Hutchison's long-held concession contracts for two key ports at the Panama Canal, escalating tensions between Panama and China, as reported by Splash247. This development has been a constant source of headlines, highlighting the strategic importance of these ports.
Seatrade Maritime
Seatrade Maritime reports that German engine builder Everllence has reached a milestone by securing its 2,000th contract for dual-fuel two-stroke engines. These engines, which are compatible with fuels such as methane, methanol, ethane, LPG, and ammonia, are part of a contract with Cosco.
Splash247
Splash247 reports that Russian captain Vladimir Motin has been sentenced to six years in prison by a London court for manslaughter by gross negligence. This follows the March 2025 collision between the container ship Solong and the anchored tanker Stena Immaculate off the Yorkshire coast, resulting in a fatality and significant damage.
Seatrade Maritime
Kongsberg has been awarded a contract to fully design four new tankers for Transpetro, as reported by Seatrade Maritime. The Norwegian company will integrate a range of systems into the Brazilian-built vessels.
Splash247
Dr. Raymon Krishnan, president of Singapore’s Logistics & Supply Chain Management Society, discusses the potential pitfalls of index-based freight contracts for beneficial cargo owners (BCOs), as reported by Splash247. While these contracts offer transparency and alignment with market conditions, they may not always deliver on their promises in practice.
Splash247
Australian engineering firm Worley has secured contracts in both offshore hydrogen and US LNG sectors, as reported by Splash247. The company will support the AquaDuctus project, a significant offshore hydrogen pipeline linked to the AquaVentus initiative in Germany's North Sea.
gCaptain
The future USS John F. Kennedy has successfully completed its first Builder’s Sea Trials, a significant step for the Navy’s second Ford-class aircraft carrier, as reported by gCaptain. This milestone moves the ship closer to delivery and integration into the fleet.
gCaptain
The U.S. Coast Guard is struggling with workforce shortages and equipment readiness despite receiving nearly $25 billion in supplemental funding, as highlighted in a Government Accountability Office report. gCaptain reports that this funding is the largest in the Coast Guard's history, yet it warns that financial resources alone are insufficient to address the service's operational challenges.
