Fincantieri and Princess Cruises signed an agreement for the construction of three new LNG-powered cruise ships. The vessel, part of a new “Voyager” class, will be built at Fincantieri’s Monfalcone yard, with deliveries scheduled for 2035, 2038 and 2039. While financial details were not disclosed
Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The solution supports improved wastewater management while contributing to protection of the marine environment by capturing fats, oils
The American Association of Port Authorities (AAPA) Board of Directors announced the appointment of Sang Yi as President and Chief Executive Officer (CEO), effective May 4.Most recently, Yi served as Deputy Administrator of the U.S. Department of Transportation’s Maritime Administration (MARAD), where he oversaw key programs supporting the nation’s commercial and strategic maritime infrastructure.
Regal Rexnord Corporation announced that its Board of Directors has appointed Aamir Paul to serve as Chief Executive Officer (CEO), commencing no later than July 1, 2026, upon the conclusion of his responsibilities with his current employer, Schneider Electric SE. The Board has also determined that Mr.
Belgian marine contractor Jan De Nul has launched its second next-generation cable laying vessel (CLV), William Thomson, as it expands capacity to support growing offshore wind and grid interconnection projects.The William Thomson vessel follows the earlier launch of its sister ship Fleeming Jenkin in October 2025, with both units set to become the largest cable-laying vessels of their kind.
AS Tallink Grupp has published its unaudited financial results for the 2025 financial year. The Group’s earnings before interest, taxes, depreciation and amortization (EBITDA) totaled EUR 130 million, and net profit reached EUR 17.3 million. Tallink Grupp and its subsidiaries contributed EUR 97 million in taxes to the Estonian state budget
SCHOTTEL has been chosen by Spanish shipyard GONDAN to provide the propulsion package for the Northern Lighthouse Board’s (NLB) newest vessel, POLE STAR. The ship was officially named on January 21, 2026 by Her Royal Highness The Princess Royal, Patron of the Northern Lighthouse Board.
Norwegian offshore vessel owner Eidesvik Offshore has secured a contract for its Viking Princess platform supply vessel (PSV).The contract has been signed with operators DNO Norge, Sval Energi, which is another DNO subsidiary, and Wellesley Petroleum covering a campaign with the Deepsea Yantai drilling rig.
Liebherr marks half a century of BOS crane excellence. Since 1975, BOS cranes have been trusted by operators worldwide, known for their robust design and marine adaptability. The latest generation continues this legacy, now featuring an electric variant to meet evolving offshore demands.
Fincantieri and Princess Cruises celebrated the delivery of Star Princess, the second LNG-powered (liquefied natural gas) cruise ship in Princess Cruises’ Sphere Class, at the Monfalcone shipyard.The ceremony was attended by Gus Antorcha, President of Princess Cruises, Mauro Bordin, President of the Regional Council of Friuli Venezia Giulia, Ester Fedullo, Prefect of the Province of Gorizia
Technology group Wärtsilä has signed a 15-year Lifecycle Agreement covering three LNG carriers for China LNG Shipping (International) (CLSICO).The agreement is designed to ensure operational reliability, enable flexibility in maintenance scheduling and optimize the ‘time between overhauls’ (TBO) for each of the vessels.
Golden Ocean Group Limited (NASDAQ: GOGL; Euronext Oslo Børs: GOGL) has issued an update on its planned stock-for-stock merger with CMB.TECH NV (NYSE: CMBT; Euronext Brussels: CMBT), confirming the transaction could close as early as August 20, 2025.Under the agreement, Golden Ocean will merge with CMB.TECH Bermuda Ltd., a wholly owned subsidiary of CMB.