European defense giant Rheinmetall has signalled interest in taking over German shipbuilder Naval Vessels Luerssen, industry sources told Reuters on Wednesday, as the Duesseldorf-based firm looks to expand into the naval business.According to the Bild newspaper, which first reported Rheinmetall's plans, the supervisory board intends to consider the purchase in the coming weeks.
By the time Robbie Roberge spotted the fire consuming his boat's galley last August, he knew he had just minutes to evacuate his beloved Three Girls fishing vessel, named for his daughters.As the flames spread up the boat's walls, he helped his crew into safety suits, deployed a life raft and made a mayday call to alert nearby mariners and the U.S.
The Dutra Group, a California-based heavy civil marine contractor, has issued a notice to proceed to Eastern Shipbuilding Group (ESG) for the construction of a 10,464 cubic yard trailing suction hopper dredge, named Adele.The ship will be constructed at ESG's Allanton and Port St. Joe facilities. Delivery is scheduled for late 2028.
Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump.Brent crude futures fell $1.13 or 1.82% to $61.11 per barrel by 1:14 p.m. EDT. U.S. West Texas Intermediate (WTI) crude fell $1.
On October 7, Damen Shipyards Group delivered its latest Combi Freighter (CF) 3850 to family owned German shipping company Reederei Gerdes. The delivery of the vessel, named Holger G, took place during a ceremony at the Bason Shipyard in Vietnam. The vessel is named Holger G. Damen’s CF 3850 represents the latest generation in the shipbuilder’s cargo vessel portfolio.
Unifeeder, a DP World company, has signed a Memorandum of Understanding (MoU) with India’s Sagarmala Finance Corporation Limited (SMFCL), a Government of India Enterprise under the Ministry of Ports, Shipping and Waterways to collaborate on developing and scaling commercially sustainable coastal and shortsea shipping services across India.
Sofar Ocean has launched Wayfinder Voyage Simulator, a voyage planning tool that lets operators, commercial teams and chartering desks generate and compare unlimited voyage scenarios in seconds, aiming to improve fleet efficiency and profitability.Part of Sofar’s Wayfinder platform, the simulator incorporates the company’s marine weather forecasts
The Korea Institute of Machinery and Materials (KIMM) hosted the 12th Global Forum on Mechanical Engineering today at the National Assembly Library, spotlighting the fast-growing role of humanoid artificial intelligence and robotics in industry and society.Organized under the theme “The Future of Humanoid AI and Robotics
The Rotra Futura Roll-on/Roll-off (RoRo) vessel has entered operations, with the transportation of wind turbine blades from Denmark to the United States.The project supply vessel, specifically designed to handle larger and heavier offshore wind turbine components, collected the 108-meter-long blades at the Port of Aalborg, Denmark, under the supervision of deugro Denmark’s wind experts.
On July 4, the NYK-TDG Maritime Academy (NTMA), a merchant marine academy jointly operated by NYK and the Transnational Diversified Group (TDG) near Manila, Philippines, held a commencement ceremony for 80 students, the academy’s 14th batch of graduates.The ceremony was attended by many distinguished guests, including Kazuya Endo
Inmarsat Maritime, a Viasat company, has signed an agreement with Sallaum Lines, a Roll-on/Roll-off (RoRo) cargo shipping company, to upgrade to Inmarsat Maritime’s NexusWave fully managed bonded connectivity service.As Sallaum Lines expands its global presence, NexusWave will provide secure, ultra-fast connectivity with unlimited data
Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.The International Longshoremen's Association wants to eliminate past labor contract concessions on automation - notably the use of semi-automated cranes that stack containers on docks -