A flourishing cruise market and European shipbuilders’ unerring contractual success in the sector has taken orderbooks into the middle of the next decade, ensuring production continuity and underpinning fresh capital expenditure and R&D commitments by the continent’s foremost players.
As global demand for data storage and processing accelerates — driven by cloud computing, streaming media, and the explosive growth of artificial intelligence — the physical footprint of data centers has become a growing challenge. Land-based facilities face mounting constraints: limited space, water scarcity, grid congestion, long permitting timelines and rising community opposition.
Vard, the Norwegian subsidiary of the Fincantieri Group, has signed a new contract with existing customer Ocean Infinity for the design and construction of four Multi-Purpose Robotic Vessels (MPVs).The contract, whose value exceeds $230 million (€200 million), also includes a comprehensive scope of supply from Vard Electro, which will deliver the full suite of SeaQ systems for remote operations.
Kawasaki Heavy Industries and Japan Suiso Energy have signed a contract to build the world’s largest liquefied hydrogen carrier, marking a step toward the commercialization of an international hydrogen supply chain.The vessel will have a cargo capacity of about 40,000 cubic meters and will be built at Kawasaki Heavy Industries’ Sakaide Works in Kagawa Prefecture.
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.
Facility will include 150,000 square feet of covered manufacturing space optimized for serial productionNew yard will support 200 new jobs and expands shipbuilding capacity Master Boat Builders announced plans to build a new $60 million, 150,000 sq ft manufacturing facility dedicated exclusively to government and defense shipbuilding programs.
Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast.Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity in exchange for
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
McAllister Towing’s newest tractor tug, the Gerard McAllister, was delivered from Washburn & Doughty, the fifth in a series of six 84-metric-ton bollard pull, low-emission tractor tugs. She is McAllister’s 42nd tractor tug and the 13th with over 80 metric tons of bollard pull, underscoring the company’s continuation toward a more powerful, hi-tech, and sustainable fleet.
A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case.When Stig Remøy began pivoting Olympic Subsea toward subsea and renewables a decade ago
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.
American Bureau of Shipping (ABS) has issued classification to the Surveyor, a fully autonomous deepwater unmanned surface vehicle (USV), developed by Saildrone.At 20 meters long and capable of unmanned operations across all of the world’s oceans, the Surveyor is the largest class of USVs from Saildrone, a provider of maritime security, ocean mapping