Italy’s Fincantieri has signed a memorandum of understanding (MoU) with Aeronautical Service, a small and medium-sized enterprise specializing in aerospace solutions, to advance the use of carbon-based composite materials in naval shipbuilding.The agreement aims to introduce composite technologies across civil and military platforms
South Korean shipbuilder Samsung Heavy Industries said on Wednesday that two orders from Russia's Zvezda worth a total of 4.85 trillion won ($3.54 billion) for icebreaker ships were cancelled due to "illegal termination by the shipowner".Samsung Heavy said in regulatory filings that in June 2024
Höegh Evi and Aker BP have secured an Approval in Principle (AiP) from DNV for a next-generation liquefied CO2 (LCO2) carrier.The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, is designed to transport captured CO2 safely and cost-efficiently from European industrial emitters to offshore sequestration sites on the Norwegian Continental Shelf (NCS).
While many economic sectors were affected by the COVID-19 pandemic, Vietnam's shipbuilding industry continued to grow, affirming its strong and growing position in the international space. Vietnam's shipbuilding industry achieved many accomplishments in 2024 with the construction, launching and delivery of many specialized ships, contributing to the world's fleet
Energy storage system (ESS) supplier Corvus Energy has secured a $60 million growth capital injection from a group of blue-chip international investors. Morgan Stanley Investment Management led an investor consortium that includes Just Climate and J. Lauritzen.Founded in 2009, Corvus Energy has pioneered maritime ESS and today supplies more than half of the world’s zero-emission vessels.
Webb Institute has once again been recognized as one of the nation’s best undergraduate institutions, according to The Princeton Review. The education services company features Webb in the 2026 edition of its highly selective annual guide, The Best 391 Colleges, released by Penguin Random House.Only 15% of America’s nearly 2,400 four-year colleges are included in The Princeton Review guidebook.
On 25 June, the IMO leads the global celebration of the Day of the Seafarer – a day designated by the United Nations to recognize the critical role seafarers play in global trade, security and the flow of essential goods.This year, the theme #MyHarassmentFreeShip calls attention to the urgent need to eliminate bullying and harassment in the maritime industry and to foster a culture of dignity
A British Royal Navy patrol vessel has sailed through the Taiwan Strait, a Navy spokesperson said on Thursday, saying the passage complied with international law."HMS Spey's routine navigation through the Taiwan Strait was part of a long-planned deployment and took place in full compliance with international law," the spokesperson said in a statement.
The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as the administration wraps up a 45-day request for public input into a federal offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize domestic energy
Retlif Testing Laboratories, a family-owned and operated engineering and testing organization, has been named a Defense Logistics Agency approved testing facility. With comprehensive testing and engineering from three secure, northeast facilities, Retlif provides a broad scope of testing, engineering and consulting services across the following industries: commercial aviation and aerospace
As directed by the President, the US Department of Interior (DOI) has announced that Gulf of Mexico (GoM) will officially be known as the Gulf of America.The U.S. Board on Geographic Names, under the purview of the Department of the Interior, is working expeditiously to update the official federal nomenclature in the Geographic Names Information System to reflect the change