Australian mining company Fortescue has signed an agreement with Belgian shipping and cleantech group CMB.TECH to charter up to 12 ammonia-capable bulk carriers, stepping up efforts to decarbonize maritime transport and support the development of green ammonia as a marine fuel.Under the agreement, Fortescue will charter 12 Newcastlemax dry bulk vessels, each with a carrying capacity of 210
China and Denmark renewed a memorandum of understanding on cooperation in green maritime technology and shipbuilding during a meeting between the two nations' industry ministers in Beijing on Tuesday, China's industry ministry said in a statement.China is willing to jointly conduct research and development with Denmark on low-carbon and zero-carbon fuel-powered ship technologies and explore
Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock, where the yard’s heavy-lift department installed the vessel’s tower using a crawler crane with a lifting capacity of up to 600
Amon Maritime was awarded investment grants of NOK 298 million ($29m) from Enova to support the construction of three new ammonia-fueled bulk carriers.The vessels, each in the Kamsarmax segment with a capacity of approximately 80,000–85,000 DWT, are designed to combine high energy efficiency with carbon free fuel.
Fincantieri and the U.S. Navy have reached an agreement to redefine the future of the Constellation-class frigate program, ensuring work continues on the first two ships while cancelling four later units as part of a wider fleet review.The shift follows the Navy’s overhaul of its force-structure plans and aligns with new priorities aimed at accelerating next-generation ship designs and
Ellerman City Liners, part of GB Global, has acquired Viasea Shipping from Norway’s ColliCare Holding AS, a move that strengthens Ellerman’s position in the European shortsea shipping market and deepens its commitment to sustainable logistics solutions.Founded in 2016, Viasea has grown rapidly as a challenger brand in Northern Europe’s shortsea sector, operating scheduled services between the UK
The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America, will make about 80 million acres available.
The South Korean-owned Philly Shipyard in the United States does not currently have the capability to build a nuclear-powered submarine, Prime Minister Kim Min-seok said on Thursday during a parliamentary hearing.His remarks come after U.S. President Donald Trump wrote on social media last week that he had given approval for South Korea to build a nuclear-powered submarine and that it would be
Svanehoj, an ITT company, acquired Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company specializing in high-quality compressors for a wide range of industries, including shipbuilding. The acquisition closed on October 1, 2025. In recent years, Svanehoj has expanded its position as a supplier of marine pumps, tank control systems
Windward Offshore has taken delivery of its first Commissioning Service Operation Vessel (CSOV), Windward Athens, built by Norwegian shipbuilder Vard.The vessel represents a major milestone on Windward Offshore’s growth path and marks the company’s entry into operations with its dedicated CSOV fleet.
The impact of software on the performance of vessels and fleets was described by ABS Chairman and Chief Executive Christopher J. Wiernicki at a launch event in Greece for ABS Wavesight Advantage, a new intelligent platform.“In an industry where every ton and every ton-mile counts, ABS Wavesight Advantage puts the Power of One in your corner.
Sallaum Lines has launched its first LNG dual-fuel pure car and truck carrier (PCTC) newbuilding, the Ocean Breeze, with a landmark ceremony in the port of Antwerp.The Ocean Breeze has capacity for 7,500 CEU and is powered by dual-fuel LNG engines. The vessel delivers substantial reductions in CO2, NOx, and particulate emissions compared to conventional tonnage.