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.
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
Iran attacked a fully-loaded crude oil tanker at Dubai Port's anchorage on Monday, setting it ablaze and damaging its hull, Kuwait's state news agency reported, citing Kuwait Petroleum Corp, which warned of a possible oil spill.The apparent strike is just the latest in a string of assaults on merchant vessels by missiles or explosive air and sea drones in the Gulf and Strait of Hormuz since the U.
Bahrain has put forward a draft U.N. Security Council resolution that would authorise countries to use "all necessary means" - diplomatic language for force - to protect commercial shipping in and around the Strait of Hormuz, according to a text seen by Reuters on Monday.Diplomats said the draft text was backed by other Gulf Arab states and the United States
Maritime 2026 opened with a bang between the announcement of Battleships, Venezuela, shadow fleets and yes, U.S. shipbuilding. The commercial building issue may come down to strategic patience or the adaptability to evolve through new technology while ignoring historic, old tactics.
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union's naval force Aspides said in a statement.The cause of the explosion was unclear but most likely an accident, according to initial indications, Aspides said.
ElbFeeder, a joint venture of the Icelandic transportation company Eimskip and German listed ship-owner Ernst Russ, signed contracts for a pair of 2,280-TEU container vessels with the shipyard China Merchants Jin Ling Shipyard (Nanjing) Co. Ltd. The newbuildings will be an addition to the ElbFeeder joint venture and expand it to a total of nine vessels.
Italian shipping firm Grimaldi Group has welcomed the second ammonia-ready pure car and truck carrier (PCTC), Grande Tianjin, from Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation Limited (CSSC).The delivery of a 9,000-car capacity PTCT built for Grimaldi Group also marks SWS's 600th vessel or offshore platform since its inaugural delivery, the 150
IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a renewed wave of attacks on merchant ships in the Red Sea.IMO Secretary-General Arsenio Dominguez has called for intensified diplomatic efforts following a renewed wave of attacks on merchant ships in the Red Sea.
Four seafarers on the Liberian-flagged, Greek-operated bulk carrier Eternity C were killed in a drone and speedboat attack off Yemen, an official with knowledge of the issue said on Tuesday, the second incident in a day after months of calm.The Red Sea, which passes Yemen's coast, has long been a critical waterway for the world's oil and commodities but traffic has dropped since the Iran-aligned
Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered today at the Ancona shipyard.The ceremony was attended by Torstein Hagen, Chairman and CEO of Viking, and Luigi Matarazzo, General Manager of the Merchant Ships Business Unit of Fincantieri.The vessel belongs to the segment of small cruise ships.
Global insurer Allianz Commercial recently issued its 2025 Safety & Shipping Review, examining maritime risk trends and losses. The report revealed that the shipping industry has made significant improvements when it comes to maritime safety in recent years. During the 1990s the global fleet was losing 200+ vessels a year.