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
MPC Container Ships (MPCC) has entered into contracts with Jiangsu Hantong Ship Heavy Industry in China for the construction of four 4,500 TEU container vessels, scheduled for delivery starting first half of 2028.The contract price per vessel is $58 million and the agreement includes options for two additional vessels at the same price.
The number of people confirmed dead after a boat carrying members of Myanmar's persecuted Rohingya community sank near the Thailand-Malaysia border rose to 11 on Monday, authorities said, with about 70 people believed to have been on board the capsized vessel.The status of another boat carrying 230 passengers remained unclear, Malaysian authorities said
U-Ming Marine Transport Corporation has completed the installation of four Rotor Sails on its very large ore carrier (VLOC) vessel Grand Pioneer, becoming the first Taiwanese shipowner to adopt the wind-assisted propulsion technology.The sails, supplied by U.K.-based Anemoi Marine Technologies, were installed on a 325
Seatrium Limited signed a Letter of Intent (LOI) with Karpowership, a global energy company and the owner, operator, and builder of the world’s largest Powership (floating power plant) fleet.Under the LOI, Seatrium will carry out the integration of four New Generation Powerships, with an option for two additional units.
Four people died, 30 were missing and 31 survived after a ferry carrying 65 people sank near the Indonesian island of Bali, the country's Search and Rescue agency said on Thursday, as rescuers raced to find victims in the rough sea.The KMP Tunu Pratama Jaya sank almost half an hour after leaving East Java province's Banyuwangi port on its way to Bali late on Wednesday, the agency said on Thursday.
A fire onboard the Singapore-registered container ship Wan Hai 503 has erupted earlier on Monday off India’s Kerala coast, the Maritime and Port Authority of Singapore (MPA) reported, injuring several crew members and leaving four unaccounted for as Indian Coast Guard and Navy launch search and rescue operations.The incident occurred on June 9, 2025 at about 12.
Six foreigners were killed on Thursday when a tourist submarine sank off Egypt's Red Sea resort city of Hurghada, the local governor's office told Reuters, without confirming the nationalities of the victims.The Russian consulate in Hurghada said the submarine, named "SINDBAD", had 45 Russian tourists on board in addition to crew members.
CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U.S. Today, the Group operates in 40 states and employs 15,000 Americans. As a leading partner in U.S.
Fincantieri and Norwegian Cruise Line Holdings (NCL) have signed a multi-billion dollar agreement for the construction of four new cruise ships.With a gross tonnage of approximately 226,000 tons, the new units will be the largest ever built for NCL.The ships will be built at the Fincantieri Monfalcone shipyard, with the first unit to be delivered in 2030 and the others to follow in 2032, 2034
James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability
The Bureau of Ocean Energy Management (BOEM) has announced its approval of the Construction and Operations Plan for the Maryland Offshore Wind project.This is the final approval needed for the project from BOEM following the Department of the Interior’s September 2024 Record of Decision.