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Ship
Italy
Fincantieri Achieves Its Best Ever Order Intake and Quarterly Results
Italian shipbuilding company Fincantieri reported its strongest financial performance to date in the first quarter of 2025, supported by record order intake and…
Russian
Russia Plans $6.2b Outlay to Build 1,600 Commercial Ships by 2036
The Russian government has outlined a comprehensive strategy to modernize and expand its national shipbuilding industry, aiming to enhance domestic capabilities…
Nuclear Equipment
Canadian Partnership to Support Heavy Water Industry
Canadian Nuclear Laboratories (CNL) has entered a strategic partnership with Isowater Corporation to enhance the latter’s heavy water refinement capabilit…
Egypt
Egypt’s Suez Canal Mulls Discounts on Transit Fees to Bring Back Traffic
Egypt’s Suez Canal Authority is exploring a plan to offer transit fee discounts of 12% to 15% to boost traffic through the vital waterway, according to it…
China
COSCO Books Newcastlemax Newbuilds
COSCO Shipping Bulk, the dry bulk division of China’s COSCO Shipping, has expanded its orderbook by commissioning two newcastlemax bulk carriers at CSSC Q…
Biofuel
Norden Conducts First US Biofuel Journey in ‘Measured’ Step Toward Cleaner Shipping
Denmark-based maritime transportation company Norden has successfully completed its first biofuel voyage from the United States, advancing its goal to promote c…
South Korea
ABS and HD Hyundai Mipo to Drive Digital Automation in Shipyard Operations
The American Bureau of Shipping (ABS) and South Korean shipbuilder HD Hyundai Mipo (HMD) have entered into a joint development project (JDP) to advance digital …
Coal Trade
Indonesia Coal Exports Post Rare Decline So Far in 2025: Maguire
Indonesia, the world’s leading exporter of thermal coal, recorded a significant drop in shipments in 2025, reaching a three-year low due to reduced demand…
Oman
Oman Receives Record Shipment of Australian Wheat
The MV Vela Star docked at the Port of Salalah this week, delivering 726,815 metric tonnes of premium Australian wheat, marking the largest single wheat shipmen…
China
Jiangsu Ocean Shipping Orders Boxship Quartet
Jiangsu Ocean Shipping (JOSCO), a subsidiary of Jiangsu Port Group, has signed a contract with Jiangsu Soho Chuangke Shipbuilding in Yangzhou to construct four …
Nuclear Equipment
Metal Cutting Begins for Nuclear Icebreaker Stalingrad
Construction has begun on the seventh nuclear-powered icebreaker in Russia’s Project 22220 series, named Stalingrad, with the first metal cut at the Balti…
Biofuel
Hong Kong Debuts B30 Marine Biofuel in Joint Effort by CPN and OOCL
Chimbusco Pan Nation Petro-Chemical (CPN) and Orient Overseas Container Line (OOCL), both based in Hong Kong, have completed the city’s first B30 marine biofue…
Wave Energy
Carnegie Forms New Partnership to Scale up CETO Wave Energy Technology
Australia’s Carnegie Clean Energy and SKF, a global rotating equipment supplier, have partnered to advance the commercialization of Carnegie’s CETO …
Spain
Port of Barcelona Taps Powercon for First OPS System for Cruise Vessels
The Port of Barcelona has awarded Danish equipment provider PowerCon a contract worth €12.2 million (approximately $13.8 million) to construct its first on…
Germany
Telekom Deutschland Selects Compax to Support ‘Telco-As-A-Service’ Rollout
Telekom Deutschland, a subsidiary of Deutsche Telekom, announced its partnership with Compax to develop a new Telco-as-a-Service (TaaS) platform. This collabora…
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