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
A new multi-million dollar Security and Rescue Training Center (SRTC), the first commercial facility of its kind in the world, is set to be built in the United Arab Emirates (UAE). It will serve as a regional hub for advanced, first-class, certified mission-based training for Helicopter Emergency Medical Services (HEMS), law enforcement, special forces, and commercial enterprises across the world.
Dorian LPG took delivery of its 93,000 cubic meter (cbm) dual-fuel newbuilding named Areion an LPG and ammonia very large gas carrier (VLGC/AC) from Hanwha Ocean Heavy Industries Co., Ltd. at the Okpo Shipyard in South Korea. Areion will commence employment on charter under the Helios LPG Pool, an entity jointly controlled by Dorian LPG Ltd and MOL Energia Pte Ltd.
Sticking to legacy tactics won't beat China — adopt Secretary Hegseth's and the Army initiatives or surrender the edge.In a recent address, Admiral Christopher Grady, Vice Chairman of the Joint Chiefs of Staff, underscored the urgent need for a robotic hull-cleaning system to enable anytime maintenance, reduce drag, boost speed, and minimize fuel consumption for naval vessels.
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.
U.S. Transportation Secretary Sean P. Duffy has announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America’s maritime dominance.The funding is part of the Small Shipyard Grant program, which supports advanced training, workforce development and new technologies that strengthen U.S. shipbuilding and repair capabilities.
A little over a day and half since the Soo Locks opened providing access to Lake Superior and critical raw materials like iron ore, and the U.S.-flagged Great Lakes commercial fleet is at a standstill in the St. Marys River and Whitefish Bay, the critical connection between Lakes Superior and all other Great Lakes.The only way into Lake Superior is through the St.
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.
Manufacturer Advanced Polymer Coatings (APC) has signed a deal with global maritime transportation group Fratelli Cosulich to support its methanol-ready fleet expansion.APC has signed a contract with the Italian headquartered group to supply its industry-leading MarineLINE cargo tank coating to two new IMO Class II chemical tankers, to prepare them for methanol bunkering in Singapore.
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
Norwegian offshore vessel owner Solstad Offshore has secured two contracts for its Normand Turmalina and Normand Superior vessels, with the combined worth of $65 million.The anchor handling tug supply (AHTS) vessel Normand Turmalina has received a contract extension from BRAVA Energia in Brazil.
TM Edison, a consortium of Belgian marine construction companies DEME and Jan De Nul, has installed the first two of a total 23 caissons in the Belgian North Sea, marking the start of construction for the Princess Elisabeth Island, the ‘world’s first’ artificial energy island.Caissons are concrete building blocks that form the outline of the future island.