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SH Diana Delivered Leaving Uncertainty for Helsinki Shipyard

SH Diana Delivered Leaving Uncertainty for Helsinki Shipyard

The third and final cruise ship built by Helsinki Shipyard, the SH Diana, for Swan Hellenic has been delivered and is on her delivery voyage before entering service. Changes in the design reflect the...

Sharp Increase in Containership Schedule Reliability

Sharp Increase in Containership Schedule Reliability

Coming back from the depths of the shipping surge experienced in 2021 and early 2022, the container shipping industry is recovering its schedule reliability to levels last seen at the onset of the pan...

Philippine Regulators are Treating Princess Empress Spill as a "Crime"

Philippine Regulators are Treating Princess Empress Spill as a "Crime"

Philippine regulators are moving to pursue formal charges against the operator of the lost tanker Princess Empress, and are treating the matter as a criminal investigation.  The vessel went down of...

Davie Named Third Shipyard in Canada’s National Shipbuilding Strategy

Davie Named Third Shipyard in Canada’s National Shipbuilding Strategy

Canada officially added Davie to its National Shipbuilding Strategy (NSS) as the third shipyard designated to participate in the effort to renew and expand the Canadian Coast Guard and Royal Canadian...

Anduril Founder: It's Time to Accelerate Defense Tech to Deter War

Anduril Founder: It's Time to Accelerate Defense Tech to Deter War

[By Palmer Luckey] Many people rejected the very idea of building a modern defence technology company when I founded Anduril Industries in 2017. They thought the international rivalries and confron...

Fredriksen is Euronav’s Largest Shareholder Buying on Market Decline

Fredriksen is Euronav’s Largest Shareholder Buying on Market Decline

Famed Norwegian shipping investor John Fredriksen is continuing to demonstrate his faith in the tanker market and Euronav, having increased his position to become the largest shareholder of the Belgiu...

Seadrill Completes Aquadrill Acquisition

Seadrill Completes Aquadrill Acquisition

Seadrill completed the acquisition of Aquadrill helping the offshore drilling contractor to diversify and expand its operations as the market continues to rebound. Completed a little more than a year...

Wärtsilä to Support Latest De Beers Marine Namibia Vessel

Wärtsilä to Support Latest De Beers Marine Namibia Vessel

Technology group Wärtsilä has signed a Technical Management Agreement (TMA) with Debmarine Namibia. The agreement is designed to provide advanced technical support to the latest Debmarine Namibia vess...

Fairbanks Morse Defense Tests High-Speed Engine for US Navy’s LUSVs

Fairbanks Morse Defense Tests High-Speed Engine for US Navy’s LUSVs

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been contracted to provide and test one nForcer high-speed engine to qualify for the Navy’s large, unmanned sur...

Posidonia Sea Tourism Forum To Examine Economic Cruise Industry Trends

Posidonia Sea Tourism Forum To Examine Economic Cruise Industry Trends

[By: The Posedonia Sea Tourism Forum] As the international cruise industry prepares for the highly anticipated Posidonia Sea Tourism Forum, Cruise Lines International Association (CLIA) predicts th...