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Dajin Heavy Industry Enters Newcastlemax Segment With $600M Contract Package From Fredriksen and Coustas Groups

Dajin Heavy Industry Enters Newcastlemax Segment With $600M Contract Package From Fredriksen and Coustas Groups

Dajin Heavy Industry has formally confirmed its entry into mainstream commercial newbuilding through two contract packages worth close to 600 million US dollars, marking a significant departure from the company's histori…

Fri Apr 24 20264 min
Flag State Heavyweights Break Ranks on IMO Net-Zero Framework as MEPC 84 Nears

Flag State Heavyweights Break Ranks on IMO Net-Zero Framework as MEPC 84 Nears

A broad industry coalition claiming to represent roughly half of the world's merchant fleet has formally asked the International Maritime Organization to reopen its approach to decarbonising global shipping, just days be…

Wed Apr 22 20265 min
The World Economy Floats

The World Economy Floats

The global economy is built on the foundation of ocean systems, with vast networks of trade, energy, and infrastructure moving across seas. Oceans are not just geographical features, they are the invisible highways that…

Mon Mar 30 20264 min
Damen Completes First Fully Electric Waterbus 2907 for Zero Emission Urban Ferry Operations

Damen Completes First Fully Electric Waterbus 2907 for Zero Emission Urban Ferry Operations

Damen Shipyards Group has completed construction of the first Waterbus 2907 Electric, a fully electric vessel aimed at sustainable public transport in urban waterways. The design brief centres on zero emissions and extre…

Mon Mar 16 20264 min
HMM Tied to 10 Feeder Newbuilds at HD Hyundai as Small Boxship Ordering Accelerates

HMM Tied to 10 Feeder Newbuilds at HD Hyundai as Small Boxship Ordering Accelerates

HD Hyundai Heavy Industries has disclosed a contract for 10 container ships valued at around US$557 million, naming the buyer only as an undisclosed Asian shipping company. Shipbroking and market sources have linked the…

Mon Mar 16 20264 min
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