Italian shipping firm Grimaldi Group has welcomed the second ammonia-ready pure car and truck carrier (PCTC), Grande Tianjin, from Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation Limited (CSSC).The delivery of a 9,000-car capacity PTCT built for Grimaldi Group also marks SWS's 600th vessel or offshore platform since its inaugural delivery, the 150
The U.S. Coast Guard welcomed the nearly $25 billion investment included in the One Big Beautiful Bill Act Friday — marking the largest single commitment of funding in service history. The investment strengthens every facet of Coast Guard operations and supports the Service's role as the Nation’s leading drug interdiction and maritime border security force.
Ordering of alternative-fueled vessels is continuing to grow in 2025, despite a slowdown in the overall newbuild market. According to data from DNV’s Alternative Fuels Insight (AFI) platform, new orders for alternative-fueled vessels reached 19.8 million gross tonnes (GT) in the first six months of 2025, exceeding the 2024 figure by 78%.
Rates for shipping cargo containers from China to the U.S. have dropped by more than half since earlier this month, as imports rebounded less than expected after the slump that followed President Donald Trump slapping 145% tariffs on China.Trump quickly reversed course by lowering the rate to 30%. That cost increase on goods from the nation's No.
Former Iranian Economy Minister Ehsan Khandouzi has said that tankers and LNG cargoes should only transit the Strait of Hormuz with Iranian permission and this policy should be carried out from "tomorrow [Wednesday] for a hundred days."It was not immediately clear whether Khandouzi was echoing a plan under theIranian establishment's consideration or sharing his personal opinion.
Davie, a leader in icebreaker and specialized vessel construction, announced plans to acquire shipbuilding assets in Galveston and Port Arthur from Gulf Copper & Manufacturing Corporation — marking a major step toward revitalizing large-scale shipbuilding of icebreakers in the United States. The move underscores growing momentum behind domestic production of ice-capable vessels and aligns with U.
Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, have launched Mein Shiff Flow, a dual-fuel cruise ship newbuild.A sister ship to Mein Schiff Relax, delivered in February 2025, the new unit is scheduled to enter service in mid-2026.With approximately 160,000 gross tons
ASUKA III, said to be the largest Japanese-flagged cruise ship, has completed its first marine LNG bunkering by FueLNG Private at Singapore Cruise Centre.The bunkering milestone also marks Shell LNG's first supply to an LNG-powered cruise ship in the region, according to Singapore Cruise Centre.Asuka III is owned by NYK Cruises, a company of the Japanese shipping group NYK.
Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry.The Tidal Action is built on Hanwha Ocean’s proprietary design and is capable of drilling at depths of up to 12 kilometers in waters as deep as 3.6 kilometers.
In a move to restore full domestic ferry service by summer, Governor Bob Ferguson said that Washington State Ferries (WSF) will delay the hybrid-electric conversion of two of the state’s largest ferries. The decision comes as WSF works to increase its operational fleet, ensuring that 18 vessels are in service simultaneously for the first time since 2019.
The domestic passenger vessel answers the call for cleaner and more efficient platforms. It is truly an electric time to be a part of this niche industry.In the shadow of a rapidly changing political landscape, the domestic passenger ferry sector is nevertheless seeing an increasing number of newbuild vessel orders.
The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade.The vessel will dredge a 5 km-long shipping channel - an essential step in building this high-capacity port designed to elevate