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
Firefighters and federal authorities continued working Saturday to contain a hazardous-materials fire aboard the container ship ONE Henry Hudson after an explosion and onboard fire forced the evacuation of all crew members at the Port of Los Angeles, according to the Los Angeles Fire Department (LAFD) and port officials. By 6:30pm local time, the fire had been substantially contained.
The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer, will take over on January 1, 2026, when present ABS Chairman and CEO Christopher J. Wiernicki retires.
ABS and Persona AI inked an MOU to develop inspection technologies for Persona AI’s humanoid robot platform deployment in shipyards. Humanoid robots are suited to operate in shipyards designed for human workers, offering flexibility and mobility in complex, confined, or ergonomically challenging spaces.
On April 30, Senator Mark Kelly (D-AZ), together with several original co-sponsors, reintroduced the SHIPS for America Act in the U.S. Senate, first introduced in December 2024, divided into two bills. Companion legislation was also introduced in the U.S. House of Representatives by Rep. Trent Kelly (R-MS) and Rep. John Garamendi (D-CA). This is a major, historic effort to revitalize the U.S.
At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving it pole position in global class in global new order share with 22 percent.
U.S. President Donald Trump’s regulatory freeze has injected chaos and uncertainty into a number of lucrative American fisheries, raising the risk of a delayed start to the fishing season for some East Coast cod and haddock fleets and leading to overfishing of Atlantic bluefin tuna, according to Reuters interviews with industry groups and federal government employees.
Four major defense companies have proposed the establishment of an AUKUS Combat Systems Collaborative Team in contemplation of a potential role for Australia’s SSN-AUKUS conventionally armed nuclear-powered submarines, under a Memorandum of Understanding (MoU) signed Wednesday, November 5.
Watson Farley & Williams (WFW) advised a consortium of lenders on an ECA-backed JOLCO financing for Ocean Network Express Pte. Ltd. (ONE) to finance four newbuild container vessels. The consortium comprised BNP PARIBAS (acting through its Tokyo Branch and as ECA Coordinator), The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch and Citibank, N.A.
Homeland ministers from Britain, the United States and the other "Five Eyes" alliance will announce new measures this week to increase border security and target people smugglers, British interior minister Shabana Mahmood said on Sunday.The ministers from the Five Eyes intelligence sharing network - the U.S.
New Zealand is seeking to expand Asia-Pacific military deployments in its quest to show it was now "pulling our weight" with increased spending on its armed forces, the South Pacific nation's defence minister said in Singapore on Friday.Defence minister Judith Collins raised the prospect of welcoming increased warship visits to the country
The Philippines and New Zealand strengthened defence ties with the signing of a landmark troop pact on Wednesday, opening the way for expanded military cooperation amid shared security concerns in the Indo-Pacific region.The Status of Visiting Forces Agreement, signed in Manila by Philippine Defense Secretary Gilberto Teodoro and NZ Defence Minister Judith Collins