Dajin, Zhengli eye vessel retrofit for European offshore wind market

Germany Plans For $1.9 billion of Fuel Price Relief Amidst Global Energy Crisis

Germany's coalition government has agreed fuel price relief for consumers and businesses worth 1.6 billion euros ($1.9 billion), ending a dispute over how to respond to an oil price surge triggered by

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Shipbuilding: Changing Shipyard Dynamics in Japan

Continuous design refinement and incremental productivity gains — reflecting the Japanese concept of kaizen — alongside unremitting attention to contractual performance and product quality have seen the country’s shipbuilders maintain a high…

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Amtech Issues RFP for Microcontainer Feeder Vessels

Alternative Marine Technologies has issued a RFP to three major U.S. Shipbuilding companies for a 2+2 series build of a 230 TEU Microcontainer Feeder. The project is based upon the Conoship CIP230TEU design

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Wallenius Lines Acquires Wallenius SOL, Becomes Sole Owner

Wallenius Lines has entered into an agreement to acquire SOL Group’s shares in Wallenius SOL, becoming the sole owner of the company. The new ownership structure creates long-term stability, clarity and continuity

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Security & Rescue Training Center for Law Enforcement, EMS, Commercial and Military Set to Open in 2028

A new multi-million dollar Security and Rescue Training Center (SRTC), the first commercial facility of its kind in the world, is set to be built in the United Arab Emirates (UAE). It

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Iran-Linked Tankers Sail Through Hormuz Before US Blockade

Two oil tankers linked to Iran exited the Gulf on Monday via the Strait of Hormuz ahead of a planned U.S.

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Vineyard Wind Sues GE Vernova to Block Offshore Wind Project Exit

Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on

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Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.The

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Solstad’s Normand Fortress CSV Gets $56M Extension with Petrobras

Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras.The extension will start in early July 2026.