MPC Container Ships (MPCC) has agreed to acquire four eco-conventional container vessels for a total of $340 million, each backed by a three-year fixed-rate time charter with a top-five liner company, as it advances its fleet modernization program.The vessels, built in 2023 and 2024 and each with a capacity of 7,000 twenty-foot equivalent units (TEU)
SBM Offshore and Solstad Offshore have formed a joint venture that has entered into a letter of intent with a shipyard for the construction of a multi-purpose deepwater installation and construction vessel, with delivery targeted in the first half of 2029.The vessel will be owned by a joint venture in which Solstad Offshore will hold a 50.1% stake and SBM Offshore 49.9%.
Michael Carter and Steven Henderson grew up together in North Carolina, attended the United States Merchant Marine Academy (USMMA) together, and most recently jointly founded Fleet Zero, a company aiming to develop modular, containerized battery technology for electrifying cargo ships.
For Rauma Marine Constructions (RMC), the year has had a strong start. Today, a significant milestone was reached in the Squadron 2020 project with the start of production of the fourth multi-purpose corvette and the keel-laying of the third one. This also means that all four multi-purpose corvettes of Pohjanmaa class -- ships that measure 117 x 16.
China launched its most extensive war games around Taiwan on Monday to showcase Beijing's ability to cut off the island from outside support in a conflict, testing Taipei's resolve to defend itself and its arsenal of U.S.-made weapons.The Eastern Theatre Command said it had deployed troops, warships
Finnish engineering group Wärtsilä has agreed to divest its Gas Solutions business to German private equity investor Mutares SE & Co. KGaA, continuing its efforts to streamline operations and unlock value from its portfolio.Gas Solutions, which operates globally across the gas value chain, provides systems and lifecycle services for maritime gas handling, inert gas systems, gas-to-power solutions
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
By Captain Bobbie Scolley, U.S. Navy (ret.) and Rear Admiral Tim Gallaudet, U.S. Navy (ret.)For more than six decades, spanning from 1905 to the late 1970s, the U.S. Navy’s diving apparatus for deep ocean operations and salvage remained fundamentally unchanged. During this period, the demographic of navy divers also saw little alteration.
After developing the technique some five years ago, Aker Arctic has now completed the research required to get its new design methodology for icebreaker hulls accepted into the Finish-Swedish Ice Class Rules. The method has also been adopted to Polar Class rules of several Class Societies (LR, ABS, DNV).
To celebrate World Ocean Day 2026, the National Maritime Museum is publishing a new illustrated book, The Ocean Map, and hosting a free festival inviting families to explore the wonders of the ocean.Written by Aimee Mook, ocean expert and Museum curator, the book will be published on June 4, 2026 and presents the ocean as a single, connected system using the Spilhaus projection.
The Daniamant DanEI-300 electronic inclinometer has achieved IMO Wheelmark (Marine Equipment Directive) approval, becoming the world’s first electronic inclinometer certified to meet IMO carriage requirements for container ships and bulk carriers.The approval confirms that the DanEI-300 complies with the requirements of Directive 2014/90/EU (MED) for Electronic Inclinometer Equipment
Pulsar International and Inmarsat Maritime, a Viasat company, announced a milestone in their long-standing collaboration, with Pulsar committing to rollout NexusWave across more than 300 vessels operated by its customer base over the next 12 months.Pulsar was the first company appointed as a NexusWave partner in the Mediterranean market