Macquarie to acquire Qube Holdings in 8.3 billion deal

GTT, HD Hyundai Heavy Industries to Advance VLEC Design

GTT announced the signing of a Joint Development Project (JDP) with the shipyard HD Hyundai Heavy Industries focused on a 102,000 m³ Very Large Ethane Carrier (VLEC) featuring GTT’s Mark III Slim

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Op | Ed: Stop Studying and Build Ships

Maybe it is a human trait, or maybe a Washington, D.C. trait, but when confronted with a difficult problem with unpalatable solutions, there is usually an impulse to delay the moment of

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HII Newport News Shipbuilding Completes Builder’s Sea Trials of John F. Kennedy (CVN 79)

HII announced that its Newport News Shipbuilding (NNS) division has successfully completed builder’s sea trials of John F. Kennedy (CVN 79), the second Gerald R. Ford-class nuclear-powered aircraft carrier.Kennedy returned to NNS after testing…

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CK Hutchison Launches Arbitration over Panama Canal Ports Contract Ruling

Hong Kong's CK Hutchison said on Wednesday its Panama Ports Company unit has started international arbitration proceedings against Panama after the country's top court annulled its licences to operate two Panama Canal

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Norway Socialist Party Withdraws Support for LNG Electricity Project Opposition

Norway's Socialist Party has withdrawn its support for a proposal to block Equinor's Hammerfest liquefied natural gas plant from receiving a planned onshore power connection, clearing the way for the grid development

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ClassNK Fleet Cost Simulation Receives "Best Project Innovation Award'"

The service "ClassNK Fleet Cost Simulation" provided by ClassNK has been honored with the Best Project Innovation Award at the Saudi Maritime Awards, hosted by Robban Assafina, the maritime media platform in

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Oil Prices Rise on U.S.-Iran Tensions

Oil prices steadied on Wednesday after rising earlier in the session after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel, rekindling fears of an escalation in tensions ahead of

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ESVAGT-KMC JV Nets Long-Term Vessel Deal for Korea Offshore Wind Farm

KESTO, a joint venture between Denmark’s ESVAGT and South Korea’s KMC Line, has secured its first contracts to provide offshore service logistics for Vestas at the Shinan-Ui offshore wind farm in South

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American Great Lakes Ports Launch Study to Expand Cargo Shipments

The American Great Lakes Ports Association (AGLPA), including members Ports of Indiana, the Illinois International Port District (IIPD), and Port Milwaukee, in partnership with the Great Lakes St. Lawrence Seaway Development Corporation