PHILADELPHIA – Philly Shipyard ASA (XOAX: PHLY) has entered into a share purchase agreement (SPA) with Hanwha Systems and Hanwha Ocean for the acquisition of
Indian Register of Shipping (IRS), a prominent classification society, proudly announces the successful launch of two sister vessels, Sonalika and Sarovar, at the San Marine
President Biden’s ambitious plan to revitalize the U.S. steel industry and challenge China's dominance in shipbuilding faces significant economic challenges, according to maritime industry analysts.
Brazilian logistics firm Transpetro is gearing up to kick off a procurement process in May, aiming to contract four large-size vessels for its state-run parent
Swiss marine power company WinGD and Japanese shipbuilder Mitsubishi Shipbuilding Co., Ltd. have successfully completed the initial design phase of an innovative ammonia fuel supply
Belgian tanker operator Euronav has successfully sealed a groundbreaking deal, acquiring 100% shares in cleantech maritime group CMB.TECH for a substantial $1.15 billion in cash.
The Netherlands, a maritime nation with a legacy deeply rooted in conquering the seas, faces a critical juncture as its global market share in commercial
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), has announced a significant stride in its portfolio with the acquisition of a 942.5 billion-won (US$716