South Korea and the United States havehttps://www.marinelink.com/news/hanwha-build-usflagged-lng-carrier-528214 been discussing a shipbuilding tie-up that could include investments to modernize U.S. shipyards and more help to repair the U.S. naval fleet as Seoul seeks better tariff terms, government and industry sources said.U.S. President Donald Trump, who has made revitalizing the aging U.S.
Oil prices fell more than 1% on Tuesday, extending losses from the previous session, on signs of some progress in restoring crude flows through the Strait of Hormuz following U.S.-Iran peace talks.Brent crude futures LCOc1 fell $1.09, or 1.4%, to $76.81 a barrel and U.S. West Texas Intermediate CLc1 declined to $72.99 a barrel, down 87 cents, or 1.2%, as of 0607 GMT.
Spot premiums for crude and some refined products in Asia, Europe and Africa have fallen back following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can resume is providing a floor for oil markets.Prices tumbled across the board on Monday after U.S. President Donald Trump said a preliminary agreement had been signed.
DASSAI and Mitsubishi Heavy Industries report a successful completion of the first mission of the "DASSAI MOON Project", an initiative aimed at producing sake on the surface of the Moon.In this mission, specialized brewing equipment jointly developed by DASSAI and Mitsubishi Heavy Industries, along with sake raw materials, were launched to the International Space Station (ISS).
Crosby Enterprises, LLC (the “Company”) announced that the Company filed chapter 11 cases for several of its subsidiary/affiliate units, Crosby Tugs, L.L.C., Crosby Dredging, L.L.C. and Crosby Marine Transportation, L.L.C., in the U.S. Bankruptcy Court for the Eastern District of Louisiana on March 23, 2026.
Fincantieri delivered the cruise ship Norwegian Luna to Norwegian Cruise Line during a ceremony at the builder’s Marghera shipyard in Italy, marking the second vessel in the expanded Prima Plus class.The 156,000-gt ship follows sister vessel Norwegian Aqua, delivered in 2025, and represents an evolution of the original Prima-class ships Norwegian Prima and Norwegian Viva
U.S. diesel exports to Europe hit an all‑time high in January after the continent strengthened its ban on imports of Russian-derived fuel, and as discounted Russian diesel displaced U.S. fuel in Brazil, data showed and analysts said.The developments show how Western sanctions, aimed at punishing Russia over its invasion of Ukraine, are reshaping markets, allowing U.S.
In 2010, the Monterey Bay Aquarium Research Institute (MBARI) began the process of replacing its research vessel, R/V Western Flyer. With Glosten at their side as vessel designer, MBARI considered three types of ships for their new project. The Western Flyer was a small waterplane area twin hull (SWATH), but the parties agreed on a monohull design for the new vessel.
Seaspan Shipyards has awarded a contract to Elomatic Consulting, an international consulting and engineering company, to provide engineering and design support services for the Canadian Coast Guard’s Polar Icebreaker build contract.As one of the primary partners throughout the functional and production design phases of the Polar project
DASSAI MOON Project, the World's First Test Brewing of Sake in SpaceLaunch of space brewing equipment from Tanegashima on October 21The space brewing equipment jointly developed by Mitsubishi Heavy Industries, Ltd. (MHI) and DASSAI Inc., a sake company based in Iwakuni City, Yamaguchi Prefecture
On August 5, a naming ceremony took place at the Sakaide Works of Kawasaki Heavy Industries Ltd. for a newly built very large gas carrier (VLGC). This vessel marks the sixth dual-fuel LPG (liquefied petroleum gas) carrier ordered by NYK, following the delivery of Liberty Pathfinder in October of the previous year.
The European Union has lifted sanctions against three tankers managed by Japan's Mitsui O.S.K. Lines that had handled Russia-sourced LNG after receiving commitments that they will stop doing so, the European Commission said.The sanctions had been imposed on the tankers North Moon, North Ocean and North Light