Italy’s Fincantieri and Spain’s Navantia have signed a memorandum of understanding to jointly coordinate and execute the European Patrol Corvette (EPC) program, strengthening industrial cooperation under one of Europe’s most ambitious defense initiatives.The two shipbuilders plan to create a joint venture to manage and execute the program.
Hong Kong conglomerate CK Hutchison said on Tuesday Panama authorities had threatened its employees with criminal prosecution if they defied orders to leave two strategic canal ports at the centre of a legal battle that has embroiled Beijing and Washington.CK Hutchison said Panama's decision to cancel key port contracts and grant temporary licences to Maersk and the Mediterranean Shipping (MSC)
In December of 2025, the U.S. Coast Guard announced the award of two contracts to build up to six Arctic Security Cutter (ASC) icebreakers. The announcement declaring the vessels would be built between the United States and Finland in a major step forward for America’s national security in the Arctic region. The decision process encompassed more than the security of the Arctic passage.
We are well into the discussions advising shipbuilders and operators how the U.S. will create a renaissance of the maritime industry. Federal Legislation, Executive Orders, and new foreign partnerships driving the promise of commercial competitiveness with the leading global shipbuilders. Most of the shipbuilding rhetoric indicates the domestic markets will be left to survive on their own.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has conducted a steel cutting ceremony for a 115,000-ton product tanker at the HD Hyundai Philippines Shipyard in Subic Bay, Philippines.The vessel is the first ship built by HD Hyundai Philippines and is the first in a series of four vessels ordered from an Asian shipping company in December last year.
The military and Coast Guard budgets are established that will benefit the U.S. ship building and repair sector, but what will stimulate the commercial yards?This author has been scratching his head of late, after a thrilling dive into July’s U.S. Big Beautiful Bill Act, and has asked several colleagues where the funding for support commercial shipbuilding can be found? To answer that
Norwegian oil and gas company Aker BP has completed the installation of a jacket for a new production platform at the Valhall field in the Southern North Sea.The Valhall production and wellhead platform (PWP) jacket has been installed with the support from Allseas' Pioneering Spirit and Heerema Marine Contractors' Sleipnir, two of the world’s largest offshore vessels
~New immersive hub will infuse wellness programming throughout the conference and create a platform for new voices, innovations and experiences across the cruise ecosystem~Seatrade Cruise Global, the largest and longest-running event of its kind serving the international cruise industry, has announced the debut of the first-ever Wellness Oasis — a new
Spirit of Mulgumpin, a customized 22-meter tour vessel Incat Crowther has designed for The Tour Collective’s See Moreton business has entered service supporting See Moreton’s operations in the Moreton Bay Marine Park in Queensland, AustraliaNamed in honor of the local Indigenous name for Moreton Island – ‘Mulgumpin’ – Spirit of Mulgumpin has been designed to support the unique schedule and
Tanco Terminals is expanding its liquid barge facility at the Ports of Indiana–Jeffersonville to meet rising demand for blended fertilizers across southern Indiana and northern Kentucky.The $750,000 expansion includes two new 45,000-gallon tanks designed to support regional cooperative Premier Ag, which is the customer of Tanco Terminals.
EnQuest completed the removal of the Heather Alpha topsides on August 11.The Allseas-owned Pioneering Spirit heavy lift vessel removed the 15,300 tonne topsides in a single lift, the largest single lift planned in the North Sea this year.EnQuest Decommissioning Director, John Allan, said: “The Pioneering Spirit completed the lift in around 14 seconds
Lankhorst Ropes has supplied high capacity, ultra-heavy lift slings to Allseas’ Pioneering Spirit for the transportation and lowering of a 7,300 tonne jacket for a converter platform for the German offshore project BorWin 5.The Lankhorst Gama 98 slings held the jacket in position above the stern of the Pioneering Spirit for the 2-day journey to the installation site.