Shipbuilding News

GTT announced it has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) during the second quarter of 2025 for the design of the cryogenic tanks of six new LNG-fueled container ships, on behalf of the ship-owner Capital.Each vessel will be equipped with a tank offering a capacity of 8,000 m³, incorporating GTT’s Mark III Flex membrane containment system. These tanks will also feature the “1 barg” design, allowing an operational pressure of up to 1 barg, significantly higher than the current industry standard of 0.7 barg.

The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), and InfraVia Capital Partners, a leading independent private equity company in Europe, have completed the strategic transaction in which InfraVia, through its InfraVia European Fund VI, has acquired an 80% majority stake in LDA.The Louis-Dreyfus family retains a 20% share, with Edouard Louis-Dreyfus remaining President of the group.Further to this operation, Louis Dreyfus Armateurs will soon be renamed LD Armateurs (LDA).Effective July 1…

Zamil 80, the first of three new 60-meter Fast Support Intervention Vessels (FSIVs) designed by Incat Crowther for offshore marine services provider Zamil Offshore, has passed sea trials and will soon enter service.The new vessel exceeded expectations, achieving a service speed of 28 knots with a 200-tonne payload, above the contracted required service speed of 25 knots, Incat Crowther said.The three new ABS-Classed, low-draft monohull FSIVs are being constructed by Singaporean shipbuilder Lita Ocean and will assist Zamil Offshore with the safe transport of cargo…

After decades of ongoing efforts, the Hong Kong Convention (HKC) has entered into force with big changes underway for the industry, reports cash buyer GMS. Bangladeshi and Pakistani markets still have a lot of work to do and catch up to the strides India has already made in upgrading their facilities over the last decade.“This is certainly great news for stakeholders, ship owners, cash buyers, recyclers, and the environment at large, as positive strides at improving industry standards will further serve as a catalyst in the crucial circular world of shipping…

Building commercial ships in U.S. shipyards supports the maritime industry, which plays a vital role in national security. However, U.S. commercial shipbuilding has been in decline for decades. The Maritime Administration (MARAD) has four financial assistance programs to help change that – U.S.-built vessels generally cost more than foreign-built ones.It's not clear if these programs are meeting the needs of the industry or national security, says the Government Accountability Office (GAO). MARAD hasn't established measurable goals, such as the number of ships built because of a program.

HII, America’s largest military shipbuilder, and C3 AI, the Enterprise AI application software company, have announced a strategic partnership to expand digital technologies and apply artificial intelligence (AI) to accelerate shipbuilding throughput at HII’s Newport News Shipbuilding and Ingalls Shipbuilding divisions.These efforts are expected to accelerate production and support the U.S. Navy’s fleet readiness needs. The collaboration will also include opportunities in uncrewed…

Equinor, the developer of Empire Wind, has launched the Service Operations Vessel ECO Liberty on June 28 for deployment in its New York offshore wind project. Louisiana First Lady Sharon Landry served as the vessel’s “Godmother” during a christening ceremony on the Mississippi River at the Port of New Orleans. Speakers at the event included Louisiana Governor Jeff Landry, along with leaders from Equinor and Edison Chouest Offshore. A proclamation signed by New Orleans Mayor LaToya Cantrell declaring June 28 as ECO Liberty Day was presented during the ceremony.

HII christened the future USS Jeremiah Denton (DDG 129), the third Flight III Arleigh Burke-class destroyer to be built at the company’s Ingalls Shipbuilding division.The ship’s name honors former U.S. Sen. Jeremiah Denton Jr., a Vietnam War veteran who was awarded the Navy Cross for his heroism as a prisoner of war. Denton spent 34 years as a naval aviator, including eight years as a prisoner of war in Vietnam. He is known for his act of genius during a televised broadcast in captivity, when Denton spelled out the word “torture” through Morse code using his eyes to blink the code.

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Mitsui O.S.K. Lines, Ltd. (MOL) have acquired Approval in Principle (AiP) from Nippon Kaiji Kyokai (ClassNK) for its jointly developed liquefied CO2 (LCO2) / methanol carrier. AiP acquisition for this type of carrier marks a world's first.Technologies for converting CO2 into fuel or chemical products are attracting attention as a means of utilizing CO2 in CCUS (Carbon dioxide Capture, Utilization and Storage).

ClassNK has issued world's first Approval in Principle (AiP) for LCO2-methanol carrier, jointly developed by Mitsubishi Shipbuilding and Mitsui O.S.K. Lines (MOL).The certification confirms the feasibility of the vessel, which is being developed for commercialization, from regulatory and safety perspectives. It marks the world’s first issuance of an AiP for a LCO2-methanol carrier.The vessel for which Mitsubishi Shipbuilding and MOL acquired AiP is based on a low-pressure LCO2 carrier.It aims to transport CO2…

Mitsubishi Shipbuilding and Mitsui O.S.K. Lines have acquired Approval in Principle (AiP) from CLassNK for the design of their jointly developed liquefied CO2 (LCO2) and methanol carrier, a world first for this type of vessel.The vessel is based on a low-pressure LCO2 carrier. It aims to transport CO2, which serves as raw material, on outward voyages and synthetic methanol on return voyages.If dual transport of CO2 and methanol is achieved, empty-cargo trips can be eliminated…

The 110th session of the Maritime Safety Committee (MSC 110) was held from June 18 to 27, with significant progress on a new non-mandatory code of safety for autonomous ships (MASS Code).The code addresses the emerging need for a regulatory framework to ensure the safe, secure and environmentally sound operation of autonomous and remote-controlled key functions.DNV reports that MSC 110 made significant progress, finalizing 18 chapters in the MASS Code, leaving mainly the chapter…

Indian state-owned Mazagon Dock Shipbuilders said it would buy a controlling stake in Sri Lankan peer Colombo Dockyard in a deal not exceeding $52.96 million to grow its shipbuilding and repair business.The transaction, involving the acquisition of at least 51% equity in Colombo Dockyard, will close within six months, after which the Sri Lankan shipbuilder will become a part of Mazagon Dock Shipbuilders, according to a regulatory filing on Friday.Colombo Dockyard was not immediately available for comment outside business hours.Mazagon Dock Shipbuilders also builds warships and submarines, and

China's first hydrogen-electric tugboat, the Hydrogen-Electric Tug No.1, was officially put into service on Thursday at Qingdao Port, east China's Shandong Province. Compared to traditional fuel-powered tugboats, this vessel is expected to reduce carbon dioxide emissions by over 1,500 tons annually, marking a breakthrough in terms of the application of hydrogen energy in China's shipping sector.The tugboat integrates the Beidou navigation system and is equipped with a hybrid power system combining hydrogen fuel cells and liquid-cooled lithium batteries, enabling zero carbon emissions.

Imabari Shipbuilding Co., Ltd., JFE Holdings, Inc. and IHI Corporation reached an agreement under which Imabari Shipbuilding will acquire a portion of the shares of Japan Marine United Corporation owned by JFE and IHI.Imabari Shipbuilding and JMU established a capital and business alliance and joint sales and design company, Nippon Shipyard, on January 1, 2021, to enhance the international competitiveness of both companies' commercial ship businesses. However, in light of the global market environment that is expected to become even more competitive in the future, Imabari Shipbuilding and JMU have determined that they need to further strengthen their competitiveness through further collaboration…

The liquefied natural gas (LNG) carrier LNG Barka, operated and managed by an NYK Group company, along with the bulk carrier Lily Fortune, operated by NYK, was honored with the "Best Quality Ship 2024" award sponsored by the Japan Federation of Pilots' Associations. The award ceremony took place on June 26, 2025. Notably, among the approximately 24,000 vessels evaluated in fiscal year 2024, the NYK Group had two of the nine award-winning ships.The award was established in 2003 to promote safe vessel operation and the protection of ports and the marine environment.

The outlook could be bleak or bright depending on how we view the rise of humanoid robots.Think of this quote from a book by Jacob Morgan:“While many futurists and business leaders believe that robots and automation are taking jobs from humans, I believe that it's the humans who are taking the jobs away from robots.”Or this one from a book by James Barrat:“A powerful AI system tasked with ensuring your safety might imprison you at home. If you asked for happiness, it might hook you up to a life support and ceaselessly stimulate your brain's pleasure centers.”Or…

Bernhard Schulte Offshore announced the delivery of its latest Commissioning Service Operation Vessel (CSOV) from Ulstein Verft in Norway. The newbuilding, which was christened ‘Windea Curie’ on June 26, is now being deployed for the charterer TenneT, an offshore transmission system operator in the European Union, to support its offshore grid connection facilities in the North Sea.‘Windea Curie’, which utilizes Ulstein’s TWIN X-STERN design, features two sterns and azimuth propellers located at both fore and aft…

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. With a gross tonnage of approximately 54,300 tons, Viking Vesta has 499 cabins and can accommodate 998 passengers on board.

Fincantieri has strengthened its strategic role in the Italian Navy's fleet renewal program with a new contract for the construction of two PPA- Multipurpose Combat Ships, set to replace the vessels previously earmarked for the Indonesian Navy.The contract extension, originally launched under the most recent Naval Act, is managed by OCCAR (Organisation Conjointe de Coopération en matière d’Armement) within the Temporary Business Grouping (RTI) formed by Fincantieri, as lead contractor…

cut685bdfb8b3c6622a5fe1f2da_Lund Family1SunStone Maritime Group A/S takes next step in previously announced leadership transition.After 35 years as Chief Executive Officer, founder Niels-Erik Lund is retiring as CEO on June 30, 2025. Niels-Erik will remain involved in the group as a member of the Board of Directors.As of July 1st, Carsten Lund will assume the role of CEO of the Group. He previously served as SunStone’s Chief Commercial Officer, where he was responsible for the Company’s client relations and commercial development.

The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker, named Alexey Kosygin after a Soviet statesman…

HD Hyundai hosted the Korea–U.S. Leaders Forum on Education and Research on Shipbuilding at its Global R&D Center in Pangyo, Korea, on June 24.The forum was organized as a follow-up to the trilateral Memorandum of Understanding (MOU) signed in July last year between HD Hyundai, Seoul National University (SNU), and the University of Michigan (UM) to promote talent development in the shipbuilding industry.HD Hyundai has already partnered with SNU and UM to launch a joint initiative to foster future talent in shipbuilding.The forum was attended by Andrew Gately…

SANMAR has delivered another two Boğaçay Class tugs to Americas’ largest operator SAAM Towage.The tugs are based on the exclusive-to-SANMAR RAmparts 2400SX MK-II design from Canadian Naval architects Robert Allan Ltd, which incorporates the latest in advanced machinery automation for high operational efficiency and minimal environmental impact.The twin Z-drive, diesel-powered vessels can achieve 80 tonnes of bollard pull and are equipped with FiFi 1 firefighting capability.Measuring 24.4m in overall length…

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling and fuel supply systems for four new Very Large Gas Carriers (VLGCs) being built in COSCO Shipping (Qidong) Offshore for their owner group.The complete Wärtsilä Gas Solutions’ scope covers the engineering, material, as well as the supervision, commissioning and gas trials for the systems.Included in the materials scope are the machinery, instrumentation, electric and control system. Wärtsilä…

Finnish marine engineering firm Deltamarin has signed a design and engineering contract with China Merchants Jinling Shipyard (Weihai) for six new RoPax vessels ordered by the Grimaldi Group.The agreement includes basic and detail design for the ‘Next Generation Med’ class vessels, which will be deployed across key Mediterranean routes under the Grimaldi Lines and Minoan Lines brands.Of the six vessels, four will sail under the Italian flag and be operated under the Grimaldi Lines brand…

Japan’s MIHO Shipyard, a subsidiary of the Tsuneishi Group, has completed the transition to 100% renewable electricity derived from hydropower across all its facilities, including production factories and employee dormitories.The shift is expected to reduce annual carbon dioxide emissions by approximately 730 tonnes.The renewable electricity is sourced from hydropower generated by the abundant water resources of the Fuji, Abe, Oi and Tenryu rivers, all located within Shizuoka Prefecture.In parallel with its transition to renewable energy…

The 'INS Arnala,' classed by Indian Register of Shipping (IRS) and the first in a series of eight Anti-Submarine Warfare Shallow Water Crafts (ASW SWCs), has been delivered to the Indian Navy. The vessel was delivered by Garden Reach Shipbuilders and Engineers (GRSE) Ltd, marking a milestone in India's journey towards self-reliance in defense production.‘INS Arnala’ has been designed and constructed in compliance with the Naval Classification Rules of the Indian Register of Shipping (IRS) and has demonstrated the successful collaboration between Indian Defence Public Sector Undertakings…

Strategic Marine has delivered TMS Tah Muang fast crew boat to Truth Maritime Services (TMS), a subsidiary of the Prima Marine Group.The latest 42-metre Generation 4 Fast Crew Boat (FCB) marks the fourth high-performance vessel delivered by Strategic Marine to TMS since 2024, following the earlier handovers of TMS Ranod, TMS Raman, and most recently, TMS Chana.Purpose-built to meet the operational needs of offshore energy clients in Southeast Asia and the Middle East, TMS Tah…

The tension surrounding the US attack on Iran saw the Baltic Exchange Dry Index (BDI) fall a massive 3.5% down to its lowest level seen over the last two weeks, erasing most recent gains as Friday closed, reports cash buyer GMS. Leading the race was the Capesize index that fell nearly 6.5% across the week while the Panamax index fell 0.2% during the same time.“The price of oil, which will also be a key item to keep an eye out for next week especially as the Iranian government votes to shut down the Gulf of Hormuz effectively terminating Iranian oil exports…

▶ Medium-sized containerships to be built by 2028, supported by design, procurement, equipment, and strategic technology investmentHD Hyundai launched a strategic shipbuilding collaboration in the United States, signing with U.S.-based Edison Chouest Offshore (ECO) to establish a strategic and comprehensive partnership for the construction of U.S. commercial vessels.The signing ceremony was held on Friday, June 20, at ECO’s headquarters in New Orleans, Louisiana. The event was attended by Hannae Choi…

Jack Tanner Towing Company added the newbuild1368-HP Super Tiger workboat, M/V Miss Hazel, to its fleet. Built by Serodino, Inc. in Chattanooga, Tennessee, the vessel is powered by twin Mitsubishi S6R engines, each delivering 684 horsepower at 1800 RPM. The Miss Hazel will operate primarily around Havana, Illinois, supporting the company’s regional towing operations.The propulsion system includes Twin-Disc MG-5222 gears from Great Lakes Power, 5-inch sleeved shafts, and 52-inch Rice Propulsion four-blade propellers — delivering reliable thrust…

DHT Holdings entered into an agreement to acquire a VLCC built in 2018 at Hyundai Heavy Industries (HHI), for $107 million. The vessel is scheduled to deliver towards the end of the third quarter of 2025. “This is a sister of vessels built by us in 2018, a design with large carrying capacity and premium earning capabilities, well suited for the trading patterns of our key customers," said DHT’s President & CEO, Svein Moxnes Harfjeld. "We believe this to be a fitting addition to our fleet…

MacArtney Offshore Wind Solutions, in collaboration with Subsea Cable Assets (SCA) and Enersea, has secured the contract to design and deliver a fully integrated cable lay spread, a tailored solution for N-Sea’s new cable laying vessel (CLV), Altera.The project will combine MacArtney’s advanced mission equipment and control systems, SCA’s fabrication and EPCI expertise, and Enersea’s deck layout and integration design.It is expected to result a turnkey system designed to enhance operational efficiency…

RINA has acquired the entire share capital of Foreship, a Finnish company specializing in naval architecture and marine engineering, from Vaaka Partners and company’s managers.The acquisition marks a further expansion of RINA’s marine engineering consulting offering worldwide, while strengthening its presence in Northern Europe.Foreship, with 2024 revenues of €15.2 million is headquartered in Helsinki and employs over 90 professionals across eight offices globally, including the US, UK and Estonia.

General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD), was awarded a $987 million contract modification to a previously awarded contract supporting submarine production. This modification is for additional Component Development, Class Lead Yard Support (CLYS), and Submarine Industrial Base (SIB) supplier development enhancements, as detailed in the U.S. Department of Defense contract award."This contract modification funds important shipyard and supply…

A new Research Centre dedicated to advancing sustainable shipping has been launched by the University of Strathclyde in partnership with international shipping company Oldendorff Carriers.The Centre will address evidence gaps critical to an effective industry transition, focusing on technological, operational and human factors, including the impacts of decarbonization measures on crew.Key research areas will also encompass the design of next-generation, energy-efficient vessels…

Solvang has a Letter of Intent (LOI) with Seatrium for the installation and retrofitting of a full-scale carbon capture and storage (CCS) systems.The retrofit on Solvang's new series of very large gas carriers (VLGCs), configured specifically for CCS, is set to begin in late 2026.In April, steel was cut for the first two of seven Panamax VLGC at HD Hyundai Heavy Industries. Delivery is planned for 2026 and 2027.Solvang took delivery of Clipper Eris in February 2025 – the world’s first full-scale turnkey retrofit of a 7MW CCS system, undertaken by Seatrium.

ABS and HD Hyundai Samho signed a memorandum of understanding for the technical collaboration for an AI-based smart shipyard.The agreement establishes a cooperative framework for both organizations to leverage smart technologies such as AI, automation and robotics to identify opportunities for process improvement at HD Hyundai Samho shipyard. ABS will utilize its established Guide for Smart Technologies for Shipyards in the review process.“Advanced technologies are transforming shipyard operations and opening new avenues for progress.

Admiral Daryl L. Caudle has been nominated by President Donald Trump to be the next Chief of Naval Operations, more than three months after Admiral Lisa Franchetti, the first woman to lead the U.S. Navy, was fired in President Trump's purge of military leadership following his inauguration.The Senate Armed Services Committee received Adm. Caudle's the nomination on June 17, 2025.Adm. Caudle - currently Commander, U.S. Fleet Forces Command - is a native of Winston-Salem, North…

Van Oord's new offshore wind installation vessel Boreas was officially christened on June 18 in Rotterdam. The event marked a milestone in Van Oord’s commitment to enhancing the energy transition. In addition, Van Oord announced that it had become the first marine contractor to receive approval on science-based targets for its decarbonization approach. The Boreas was christened by Ms. Carola Schouten, the mayor of Rotterdam. Guests and Van Oord employees gathered to celebrate this moment.

Danish shipping group A.P. Moller - Maersk has named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, which will operate under the name of Berlin Mærsk.The naming event took place on June 18, at Hyundai Heavy Industries’ (HHI) yard in Ulsan, South Korea.Berlin Mærsk is the 14th dual-fuel newbuild entering the Maersk fleet, and it will be followed by additional five sister vessels in this new class of container ships.All six vessels in the series are being built by HHI with delivery in 2025.

Classification society DNV has awarded an Approval in Principle (AiP) to SeaTech Solutions for the design of a new 10,000cbm ammonia bunkering vessel, being developed in collaboration with Oceania Marine Energy.Measuring 130-metres, the ammonia bunkering vessel is specifically designed to deliver low-carbon ammonia to ammonia dual-fueled bulk carriers at the Port of Dampier, which emerging as a potential hub for low-carbon ammonia bunkering with its strategic location in Pilbara region.It can supply up to 9…

Kongsberg Maritime has secured a contract to supply 17 shipsets of its US range of azimuth thrusters to Türkiye’s Sanmar Shipyards for a range of international tug projects.The US azimuth thrusters will be supplied across a range of power outputs between 1765kW and 2525kW with a bollard pull ranging between 60 and 85 tons.Sanmar Shipyards is a long-standing customer of Kongsberg Maritime and specializes in tugboat construction with nearly five decades of experience and more than 300 tugs delivered worldwide.Operating two facilities in Tuzla and Altınova…

Cheoy Lee Shipyards recently delivered two RAstar 3200-CL tugs bound for Coatzacoalcos, Mexico. CMM Azteca and CMM Mexico will sail on their own bottom all the way from Hong Kong and begin operations in Mexico as part of Compania Maritima Mexicana SA DE CV’s fleet (an affiliate company of Boluda Towage).These two tugs are the latest deliveries in the RAstar 3200-CL series, which Cheoy Lee has been building since 2013. In 12 years Cheoy Lee has built and delivered 29 tugs to this design.Particulars of the RAstar 3200-CL series escort tugs are:Length overall: 32.0 mBeam…

Okeanis Eco Tankers (NYSE: ECO / OSE: OET) has secured a new $65 million term loan facility to finance the repurchase of its VLCC Nissos Kea under a previously announced sale-and-leaseback option. The new financing, led by E.SUN Commercial Bank, extends OET’s strategy of strengthening its capital structure and diversifying its financing sources.The seven-year secured loan carries an interest rate of Term SOFR plus 135 basis points and will be repaid through quarterly installments of $0.9 million, with a $39.8 million balloon payment due at maturity.

South Korean shipbuilder Samsung Heavy Industries  said on Wednesday that two orders from Russia's Zvezda worth a total of 4.85 trillion won ($3.54 billion) for icebreaker ships were cancelled due to "illegal termination by the shipowner".Samsung Heavy said in regulatory filings that in June 2024, Zvezda shipyard unilaterally informed the South Korean company of the contract termination and insisted on the return of advance payments.In July, Samsung filed an arbitration request with the Singapore arbitration court to affirm the illegality of the termination, while engaging in negotiations with

The global dry bulk fleet is facing a sharp contraction in younger, more efficient tonnage, with the supply of vessels under 15 years of age projected to fall by 22% by 2028, according to new analysis shared by Oliver Kirkham, Senior Valuation Analyst at Veson Nautical, a global leader in maritime freight and fleet management solutions.Speaking at the 2025 Marine Money Week in New York, Kirkham told delegates that the anticipated drop in younger dry bulk tonnage reflects a structural shift brought on by the historical imbalance in newbuilding activity…

SCHOTTEL is to equip a new OX series tractor tug from U.S.-based aluminum workboat builder Silverback Marine with two SCHOTTEL RudderPropellers type SRP 100. Designed in collaboration with Seattle headquartered Elliott Bay Design Group, the truckable tug will have a bollard pull of almost seven tons and ensure excellent maneuverability with an extremely compact size of just 7.9 meters (26’-0”) in length and 4.4 meters (14’- 6”) in width. The vessel, being built for the U.S. Department of Defense, is expected to be delivered in late 2025.

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a long-term time charter contract with Mercuria Energy Trading S.A. for its fourth newbuilding, the previously announced LR1 tanker scheduled for delivery in early 2027.The vessel will be chartered to Mercuria for a firm period of four years, through early 2031, at a daily gross charter rate of US$23,750. The agreement provides Mercuria with options to extend the charter for up to three additional one-year periods.

Bergen Tankers and Equinor have signed a long-term charter agreement for two oil/chemical tanker newbuilds with an electric propulsion system, which aim to set a new standard for low emissions at the Norwegian Coast.The Norway-based companies selected Berg Propulsion as the system integrator for these DNV ice-classed tankers. The newbuild 6,500 dwt stainless steel tankers will be built by Zhoushan Dashenzhou Shipbuilding in China.The vessels will include two electric drive controllable…

Denmark-based chemical and product tanker operator Uni-Tankers reported solid financial performance for the 2024/25 fiscal year, posting a net profit of $39.5 million and a 24.4% increase in revenue, bolstered by fleet expansion, strong contract performance, and continued investment in digitalization and decarbonization.CEO Per Ekmann called the results a confirmation that the company’s long-term strategy is delivering consistent value. “It has been four years since we completed our turnaround, and for the past three years we’ve reported steady profits.

Ocean Network Express (ONE) named the 13,900-TEU ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels. The naming ceremony took place at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan, marking another milestone in ONE's fleet expansion program."Today's naming of ONE Singapore signifies further progress in our fleet expansion strategy," said Jeremy Nixon, CEO, ONE. "This vessel, carrying the name of our global headquarters city, symbolizes our strong connection to Singapore's vibrant maritime ecosystem.

PETRONAS CCS Ventures Sdn. Bhd. (PCCSV) MISC Berhad (MISC), and Mitsui O.S.K. Lines, Ltd., (MOL) announced the incorporation of a strategic joint venture (JV), Jules Nautica Sdn. Bhd. This JV will lead the development and act as the ultimate owner of Liquefied Carbon Dioxide (LCO₂) carriers, which are critical for transporting LCO₂ to designated storage sites as part of advancing carbon capture and storage (CCS) solutions.The trio completed the Front-End Engineering Design (FEED) for a 62…

Korean Register (KR) signed a MOU with HD Hyundai Samho to jointly develop AI-based solutions for ship design and analysis.This is a part of a broader digital transformation strategy aimed at enhancing design productivity and strengthening the capabilities of ship design engineers in the rapidly evolving shipbuilding landscape, focused on leveraging AI to build a more efficient and accurate ship design system. The two objective are: The development of an AI-powered optimization and structural assessment solution for hull support arrangement…

Domestic U.S. shipping interests are closely monitoring a United States Trade Representative (“USTR”) proposal for import and export trades involving Chinese vessels. There is an ongoing Section 301 investigation prompted by domestic industry concerns about China’s industrial ambitions in sectors that are critical to U.S. economic and national security. The outsized role of China in international ocean shipping is greater than many would expect. China’s global tonnage of the shipbuilding market share grew from less than 5% in 1999 to over 50% in 2023.

GTT announced that it has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of a new Liquefied Natural Gas Carrier (LNGC).The LNGC will be built by Hyundai Samho Heavy Industries on behalf of the ship-owner Purus, a specialist in low-carbon maritime transport solutions.As part of this order, GTT will design the vessel’s cryogenic tanks, which will have a total capacity of 180,000 m³. The tanks will be fitted with the Mark III Flex membrane containment system, developed by GTT.Delivery of the vessel is scheduled for the fourth quarter of 2027.

Rayglass Boats, a brand of Brunswick Corporation, has unveiled the all-new Protector R Edition range, an evolution of its high-performance RIBs. These exclusive models are engineered to deliver next-level performance, styling, and innovation.Leading the lineup is the 330 Targa R Edition, the first vessel in New Zealand to be powered by Mercury Racing’s new 400R V10 outboard engines. With a top speed exceeding 60 knots, this 10-meter boat is one of the fastest production cabin RIBs in the country.The R Edition retains the Protector hull while adding premium upgrades including custom R badging…

Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1), Access and Cargo Towers (ACT) and the 5t Motion Compensated Cranes (MCC-M) will be supplied to LDA’s newbuild SOVs.The by Salt designed vessels, to be built at Shanghai Zhenhua Heavy Industries Company (ZPMC)…

The Indian sub-continent recycling markets have been on a downward spiral for most of this year and this week was no different, reports cash buyer GMS.Offers are retreating across the market rankings and owners are chasing market levels amidst an economic and global uncertainty that was expected to deliver an influx of recycling tonnage and is yet to be fully seen.“Indeed, constant geopolitical drama seems to be depriving recycling markets of all types of tonnage amidst rising freight rates as dry bulk…

The Royal Canadian Navy (RCN) has welcomed His Majesty’s Canadian Ship (HMCS) Frédérick Rolette into naval service.HMCS Frédérick Rolette is the fifth Harry DeWolf class Arctic and Offshore Patrol Vessel (AOPV) to be welcomed into the RCN’s fleet.These vessels are designed to enhance the RCN’s ability to enforce sovereignty in Canadian waters and helps meet future defense challenges in Northern waters. They augment Canada’s presence in the Arctic and are capable of conducting a wide variety of operations including surveillance operations…

Siemens Energy has had its hands on a number of groundbreaking ship design and construction projects globally, projects that highlight the possibilities and the challenges inherent in being a technology pioneer. Ed Schwarz, Head of Marine Solutions Sales for Siemens Energy in the US and Canada, give an insider’s view of some practical steps to take if electrification is on an organization’s fleet expansion agenda.Energy transition is everywhere you turn in maritime today, and electric solutions are an important and growing part of the mix…

GONDAN Shipbuilders has delivered a newly built Commissioning Service Operations Vessel (CSOV) Austri Enabler to Norwegian shipowner Edda Wind.The Austri Enabler, designed by Norwegian company Salt Ship Design, is part of a new generation of vessels designed to mark a turning point in the offshore wind energy sector.Austri Enabler is the fourth and last vessel in a series of four sister vessels from Gondan and follows Nordri Enabler, Sudri Enabler and Vestri Enabler. It is also the eight vessel that Gondan has delivered to Edda Wind.The vessel has secured a 12-month contract…

Ed Schwarz, Head of Marine Solutions Sales for Siemens Energy in the US and Canada, says education is the best first step for any shipowner interested in electrification.“Talk to someone who’s done it. Go aboard a vessel. Visit a hybrid ferry. Owners love sharing their stories and their hard-won insights.”The June issue of Maritime Reporter magazine has an in-depth interview with Schwarz where he says that owners who’ve made the leap to hybrid or electric consistently report positive operational outcomes.

Wallenius Sol took delivery of the RoRo vessel South Enabler from the Visentini Shipyard.In February 2025, a new chapter began in European shipping as Wallenius Sol announced the acquisition of Mann Lines, significantly expanding the Swedish shipping line’s customer base and presence in key markets. As part of the acquisition, a new vessel under construction was included. The new RoRo cargo vessel was officially delivered on 11 June, 2025, during her westbound passage past Gibraltar.“She’ll…

WinGD is to deliver X-DF-A ammonia-fuelled engine designs for four newbuild medium gas carriers (MGC) to be built by HD Hyundai Mipo for Trafigura. The 45,000-cu.m. vessels will each be powered by a six-cylinder, 52-bore 6X52DF-A engine with high-pressure selective catalytic reduction.WinGD VP Market Development Benny Hilström said: “Trafigura selected our technology based on our demonstration of X-DF-A’s development and strong performance indicators to date. With the first X-DF-A engine deliveries due in mid-2025…

Bureau Veritas Marine & Offshore (BV) introduced its latest digital innovation, the Augmented Surveyor 3D (AGS 3D), an inspection tool that leverages artificial intelligence and machine learning to detect and localize structural anomalies on ships and offshore assets.The new solution was piloted successfully on a TotalEnergies-operated FPSO in West Africa. During the trial, drones captured extensive image and LiDAR data from two ballast tanks, which AGS 3D used to build a detailed 3D model, complete with AI-enhanced corrosion mapping.

Davie, a leader in icebreaker and specialized vessel construction, announced plans to acquire shipbuilding assets in Galveston and Port Arthur from Gulf Copper & Manufacturing Corporation — marking a major step toward revitalizing large-scale shipbuilding of icebreakers in the United States. The move underscores growing momentum behind domestic production of ice-capable vessels and aligns with U.S. maritime security and industrial revitalization goals.The deal, expected to close in summer 2025…

The House Appropriations Committee's Defense subcommittee released its draft bill for fiscal-year 2026 late on Tuesday, which aims to buy one additional F-35 jet versus the Pentagon's 2025 budget request and make investments in naval vessels, and missile defenses.The committee's draft of its version of the 2026 purchasing bill was released ahead of any formal input from the Trump administration's Pentagon - which has been delayed. The language in the bill shows the Republican-controlled Congress' continued focus on modernizing the U.S.

Incat Crowther was commissioned by Los Angeles operator Catalina Express to design a new low-emission, renewable diesel-powered passenger ferry. The new ferry will form part of the Port of Los Angeles’ $31 million Los Angeles Marine Emission Reduction (LA MER) project, funded by the California Air Resources Board (CARB). Catalina Express was awarded a $15,000,000 grant to match its own $15,000,000 contribution to the project. LA MER aims to test and evaluate emission-reduction…

NR Marine Services has commissioned Chartwell Marine to design a new crew transfer vessel (CTV) in response to client requests for a new class of vessel capable of supporting older generation assets, now referred to as legacy turbines.Chartwell Marine has developed the Defiant Class vessel, a 20-meter CTV designed to Workboat Code Edition 3 with IMO Tier 3 compliance featuring a step free flush forward deck, superstructure and modern furnishings and materials used in larger CTVs.The…

Technology group Wärtsilä has secured a contract to supply an integrated hybrid propulsion solution for four new 10,700 DWT geared tween decker vessels being built for Dutch ship owner and maritime service provider Vertom Group.Combining the Wärtsilä 25 medium-speed four-stroke engine with a hybrid propulsion drive train with PTO/PTI/PTH, the package is designed to optimize vessel propulsion efficiency, while enabling sailing modes on batteries without using combustion power.The 10…

Hanwha Group received the OK from the U.S. Committee on Foreign Investment (CFIUS) to increase its shareholding in Australian shipbuilder Austal to 19.9% from the current 9.9%, the South Korean conglomerate said.Austal, which supplies defence vessels to the U.S. Navy, is seeking independent verification of this approval, according to a separate statement.Hanwha, which currently holds a 9.9% stake in Austal and holds a further 9.9% economic interest through a cash-settled total return swap…

The rise of AI, regional innovation hotspots, and a wave of funding define this year’s maritime tech landscapeFor the third year running, the “Global Maritime Tech Startup Map” has been released—an evolving snapshot of the world’s most promising maritime software startups. The 2025 edition charts 176 startups across categories from vessel condition monitoring to crewing software, highlighting a growing appetite for artificial intelligence and an increasingly global spread of innovation....

MacGregor has secured a contract to supply an advanced anchor handling towing winch (AHTW) package for a series anchor handling tug supply (AHTS) vessels owned by SINOPACIFIC Engineering & Contracting (SPEC).The MacGregor AHTW package is designed to support the complex operations of SPA90 (90T BP AHTS ABS Class) AHTS vessels, ensuring precision, safety, and operational efficiency in all offshore conditions.The MacGregor scope of supply includes anchor windlass with roller chain stoppers…

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. This total had halved 10 years ago and is now down to a record low of 27 as of the end of 2024 (from 35 in 2023).Despite the ongoing trend for fewer large losses, challenges remain.

Meyer Turku continues to push the boundaries of sustainable shipbuilding with the adoption of central heating for ships under construction. Traditionally, oil-burning stoves have been used for heating during colder months, but with the introduction of a water-based central heating system, reductions in emissions and costs have been achieved.The transition to central heating was first explored in late 2023, leading to infrastructure upgrades that enabled the deployment of a movable water-based heating system aboard vessels.

Sanmar Shipyards has delivered an environmentally responsible tugboat to Buksérog Berging.Based on the RAmparts 2400SX-MKII design, exclusively developed in collaboration with Canadian naval architects Robert Allan Ltd., the vessel was originally constructed as Boğaçay LXV and has been renamed BOSS by her new owners. Designed for maneuverability, operational efficiency, and all-weather reliability, BOSS measures 24.40 meters in length, with a molded beam of 12 meters, a least molded depth of 4.5 meters, and a navigational draft of approximately 5.45 meters.

Australia’s unique enclosed self-discharging transhippers ensure a dust-free supply chain for the Onslow Iron project.Onslow in north Western Australia is a desert. It receives less than 10 inches of rain a year, and for much of the year temperatures reach 95 degrees Fahrenheit. It’s known for dust storms that can turn the town red.It’s iron ore country, but the lack of a deepwater port meant that the nearby resources were stranded until Mineral Resources (MinRes) came up with…

Skarv Shipping Solutions, a joint venture between Peak Group and Grieg Edge, has increased its order for ‘zero carbon project carriers’ from Shandong Huanghai Shipbuilding to five ships, extending its commitment to a Berg Propulsion package that optimizes vessel efficiency regardless of power source.Skarv specified inline ammonia-ready engines for the initial four 7,000 dwt ships, with the first ship due delivery in the fourth quarter of 2025, followed by three more through 2026.

Russian President Vladimir Putin has approved a new naval strategy which aims to fully restore Russia's position as one of the world's leading maritime powers, Kremlin aide Nikolai Patrushev said in an interview published on Monday.Russia has the world's third most powerful navy after China and the United States, according to most public rankings, though the navy has suffered a series of high-profile losses in the Ukraine war.Patrushev, a former KGB officer who served with Putin in the northern Russian city of St Petersburg during Soviet times…

While the lingering tariffs on steel imports into the U.S. hang in the balance, steel plate prices across the Indian sub-continent continued to display volatility, reports cash buyer GMS.“While charter rates in the dry segments certainly impressed, a recent influx of large(r) LDT wet tonnage (four LNGs) and even a VLOC that was recently sold for recycling certainly captured the attention of the ship recycling fraternity, despite the deteriorating levels due to the ongoing global economic turmoil and ensuing market volatility that has culminated on the back of inconsistent U.S.

ABS issued approval in principle (AiP) to Pherousa Shipping for its ammonia cracking technology onboard ships, featuring proton exchange membrane fuel cells and fuel gas supply system (FGSS) for fully electric propulsion.The emissions-free propulsion system is targeted for application on Pherousa’s Ultramax 64,000 dwt bulk carrier to transport copper, a key material in solar panels and electric cars, in fully emissions free vessels.“We are seeing rapid innovation and new developments around ammonia as an alternative fuel, whether as a carrier of hydrogen or as a fuel in its own right.

Researchers from Dalhousie University and the US Naval Postgraduate School presented a concept for an affordable mother ship with a flotilla of uncrewed surface vessels (USVs) capable of providing coast guard services at the ISCRAM2025 Conference (Information Systems for Crisis Response and Management) in Halifax, Canada, last month.The concept could provide a persistent, on-water presence which could assist with search and rescue response, response to shore-based emergencies…

Before MEPC83, Höegh Autoliners CEO Andreas Enge had decided to commit to ammonia as the company’s new fuel of choice. Speaking to reporter Charlie Bartlett in the Maritime Reporter Norway Supplement, he said: “Ammonia is more scalable and will be cheaper than methanol, full stop.”He’s not alone in thinking that. A Global Maritime Forum study released this past week indicates that under the parameters principally agreed within the IMO Net Zero Framework at MEPC83, ammonia dual…

Babcock International Group has been awarded a three-year contract to prepare for the first nuclear defueling of a decommissioned Trafalgar Class submarine in over 20 years. The operations will take place at Babcock’s Devonport facility in Plymouth, marking a significant milestone in the UK’s Submarine Dismantling Project.The £114 million ($155 million) contract from the Ministry of Defence will see Babcock working collaboratively with the Defence Nuclear Enterprise (DNE) and leading industry partners to prepare for the defuel of four decommissioned submarines…

The Maritime and Port Authority of Singapore (MPA), NYK and MTI Co., have conducted a joint workshop on port-to-port maritime autonomous surface ship (MASS) trials.The MASS trials are testing the interoperability of autonomous vessels with port-based systems, including MPA’s Vessel Traffic Information System, and enable the development of best practices and standards for navigation safety, route planning, fuel consumption, AI-based decision-making, communications and cybersecurity in the port of Singapore.Held in Singapore…

The first sea trials for ferry MV Isle of Islay have been carried out successfully by Cemre Marin Endustri in Yalova, Turkey.The trials took place from Thursday 22nd May to Friday 30th May, in the Sea of Marmara, with staff from the Scottish government owned Caledonian Maritime Assets Limited (CMAL) in attendance.The first part of the sea trials saw the set-up of the propulsion systems, generators, thrusters, stabilizers and associated electrical systems. These were then tested…

Kongsberg Maritime signed a Memorandum of Understanding (MoU) with India’s Garden Reach Shipbuilders & Engineers (GRSE) during Nor-Shipping 2025 initiating a collaborative effort to explore the design of India’s first indigenous polar research vessel.The proposed vessel is to support a wide range of scientific missions, including climate research, oceanography and polar logistics. It will incorporate Kongsberg Maritime’s integrated technologies to ensure safe, efficient and environmentally…

GTT announces the signing of two Joint Development Projects (JDPs) with HD Hyundai Heavy Industries (HHI), aimed at optimizing membrane-tank integration in LNG carriers to enhance onboard ergonomics and vessels’ operational performance.The two JDPs will focus on the following areas:• Convergent trapezoidal cargo tank No. 11: A forward tank concept of convergent trapezoidal form for LNG carriers, fitted with GTT’s Mark III membrane system. This geometry will allow a superior adjustment to the hull compared with conventional constant section tanks…

Höegh Evi and Aker BP have secured an Approval in Principle (AiP) from DNV for a next-generation liquefied CO2 (LCO2) carrier.The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, is designed to transport captured CO2 safely and cost-efficiently from European industrial emitters to offshore sequestration sites on the Norwegian Continental Shelf (NCS).DNV’s Approval in Principle includes a comprehensive assessment of the vessel’s design, including its onboard CO2 conditioning module.

Van Wijngaarden Marine Services has signed a Letter of Intent (LOI) with Kooiman Marine Group for the design and construction of a next-generation DP2 multi-purpose vessel (MPV).The 4716 MPV will incorporate the latest in IMO Tier III emissions and ULEV (Ultra Low Emission Vessel) compliance, featuring diesel-electric and hybrid propulsion system.The vessel will be 47 meters long, with the beam of 16 meters and draft of 2.6 meters.It will be able to offer accommodation for 27 people.The newbuild MPV will be engineered for ultimate flexibility…

ABS issued approval in principle (AiP) to HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a new design of a cargo handling system and fuel gas supply system.Named Hi-ecoGAS and Hi-neoGAS, the systems are designed to handle boil-off gas in dual-fuel engines on gas carriers. The innovative approach has an optimized fuel gas supply system for feeding the fuel gas to the dual-fuel engine, or an LNG subcooling system for handling boil-off gas.Boil-off gas can present significant challenges to storage and transportation…

GTT has received two Approvals in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for its ethane-optimized cargo containment systems: Mark III SlimTM and NO96 Slim TM.Building on its well-established Mark III and NO96 membrane technologies, GTT has developed these slim variants specifically to accommodate the physical properties of petrochemical cargoes. The optimizations help maximize cargo capacity and optimize construction costs for very large ethane carriers (VLEC) and ultra large ethane carriers (ULEC).The new systems are also suitable for the transport of LPG…

ABS has issued approval in principle (AiP) to Knutsen NYK Carbon Carriers (KNCC) for its design for a 40,000 cbm liquefied carbon dioxide (LCO2) carrier.A first in the industry, the LCO2-EP carrier concept from KNCC aims to transport and store LCO2 at near ambient temperatures and under elevated pressure using a modular approach, allowing less cooling and potentially larger carriers for transport.ABS completed design reviews based on class and statutory requirements.“Carbon capture and transport are essential pillars of the carbon value chain…

Fincantieri has marked the start of construction of the Oceania Sonata, the new luxury cruise ship for Oceania Cruises, a brand of Norwegian Cruise Line Holdings.The new vessel will be the first of the new Sonata class, a next-generation series building upon the highly acclaimed Allura class, with Oceania Vista delivered by Fincantieri in 2023 and its sister ship, Oceania Allura, scheduled for delivery in July 2025.Oceania Sonata is scheduled for delivery in 2027 and will be followed by a sister ship…

KR (Korean Register) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo to jointly develop a 174,000 m3 LNG carrier featuring three cargo tanks.Despite the ongoing trend toward larger vessels across all ship types, the 174K LNG carrier remains the standard design in the global LNG shipbuilding market, with dozens of orders placed annually.To further enhance the technical competitiveness of this vessel size…

Classification society DNV has signed a new contract with Cosco Shipping Heavy Industry Zhoushan Shipyard (COSCO) for the classification of a newly contracted methanol-ethanol ready Suezmax DP2 shuttle tanker ordered by Knutsen NYK Offshore Tankers (KNOT).The vessel, part of a broader fleet expansion by KNOT, to be operated under charter to Norwegian energy major Equinor, marks the latest milestone in a long-standing collaboration between the companies.The 154,000-deadweight-tonne (dwt) shuttle tanker features dual-fuel capability with methanol-readiness…

Classification society DNV awarded HD Hyundai Heavy Industries (HHI) an Approval in Principle (AiP) to for its newly developed 40,000 CBM liquefied CO2 (LCO2) carrier design featuring three cargo holds.The cargo handling system is optimized through a reduction in the number of cargo holds from four to three which results in number of cargo tanks as well.This redesign simplifies the overall system architecture, resulting in enhanced operational convenience for inspection and maintenance…

Vard, the Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialized vessels, has delivered two of the world's first vessels featuring cyber notation.The ships are the two Commissioning Service Operation Vessels (CSOVs) Grampian Kestrel and Purus Chinook, built respectively for North Star and Purus.In compliance with the new regulations in force from July 1, 2024, the two units feature state-of-the-art solutions that enhance their operational capabilities…

KR (Korean Register) has signed two memoranda of understanding (MOUs) with Hanwha Ocean which cover the joint development of a 150K ultra-large ammonia carrier and an LNG carrier featuring a forward deckhouse arrangement.The 150K ammonia carrier project aims to develop an ultra-large vessel capable of transporting substantial volumes of ammonia, while also utilizing ammonia as marine fuel. Special emphasis will be placed on safety design, given the toxicity and corrosiveness of ammonia.Under the agreement…

KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) to jointly develop a very large ethane carrier (VLEC).The new VLEC to be developed under the partnership will have a cargo capacity exceeding 100,000 m3.It will be designed to maximize cargo volume while minimizing changes to the main specifications of conventional vessel designs.Additionally, the vessel will be capable of transporting a variety of cargoes, such as LPG and propylene…

KR (Korean Register) has signed a memorandum of understanding (MoU) with HD Hyundai Mipo and HD Korean Shipbuilding & Offshore Engineering (HD KSOE) to collaborate on safe and sustainable tank design for green ships.The three parties aim to improve the structural safety and design reliability of IMO Type-C independent tanks - one of the most widely adopted containment systems for low-emission vessels.Type-C tanks are commonly used on small to mid-sized gas carriers and bunkering vessels due to their structural independence and ability to store high-pressure cargo…