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Bidding Heats Up for Former STX Shipbuilding with US Private Equity

Bidding Heats Up for Former STX Shipbuilding with US Private Equity

The first round in the process for the potential sale of South Korea’s K Shipbuilding was completed last week, with reports that U.S. private equity investor TPG Group has jumped in as an entrant. T...

U.S. Navy Takes Delivery of Last Independence-Class Littoral Combat Ship

U.S. Navy Takes Delivery of Last Independence-Class Littoral Combat Ship

  The U.S. Navy has commissioned USS Pierre, its very last Independence-class Littoral Combat Ship, bringing a challenging acquisition program one step closer to a close. Only one Freedom-class LCS...

China to Expand Domestic Cruises by Acquiring ex-Costa Ship from Seajets

China to Expand Domestic Cruises by Acquiring ex-Costa Ship from Seajets

  China looks to resume expansion of its domestic cruise market after a long hiatus following the COVID-19 pandemic. In the latest reports online, Tianjin Orient International Cruises, which was la...

NATO Video Shows Devastating Impact of a Heavyweight Torpedo

NATO Video Shows Devastating Impact of a Heavyweight Torpedo

  NATO's Allied Joint Force Command has released a rare video of a submarine torpedoing a decommissioned vessel, filmed in high definition from on board the target ship. The enormous power of a hea...

Ellerman to Consolidate Short Sea Shipping by Acquiring Viasea Shipping

Ellerman to Consolidate Short Sea Shipping by Acquiring Viasea Shipping

One of the storied names in cargo shipping, Ellerman City Liners, looks to continue its rebirth by expanding and consolidating Europe’s short sea shipping sector. The company reported last week that...

Shipmanager: Crewmembers Aboard Tanker Seized by Iran are Safe

Shipmanager: Crewmembers Aboard Tanker Seized by Iran are Safe

  The 21-member crew of the seized tanker Talara are safe after their capture by Iranian forces, according to third-party manager Columbia Shipmanagement.  "All crew members are reported to be s...

Three Crewmembers Charged with Attempting to Break Captain’s Door with Axe

Three Crewmembers Charged with Attempting to Break Captain’s Door with Axe

South Korea’s Busan Coast Guard is recounting the details of a rampage staged by three crewmembers aboard a cargo ship anchored offshore. The local District Court issued an arrest warrant for three...

Op-Ed: Bamako Convention Cuts Africa Out of the Ship Recycling Industry

Op-Ed: Bamako Convention Cuts Africa Out of the Ship Recycling Industry

  As the global commercial fleet approaches the end of its operational life, demand for ship-recycling capacity is projected to triple over the next decade. This surge will be driven by accelerated...

Greenpeace France Photographs Uranium Loaded on Ship for Export to Russia

Greenpeace France Photographs Uranium Loaded on Ship for Export to Russia

Greenpeace is calling for an end to the uranium trade between France and Russia after reporting that it has resumed after a nearly three-year hiatus. The group released pictures of containers with s...

Anduril Plans to Build Unmanned Warships in Seattle

Anduril Plans to Build Unmanned Warships in Seattle

  In the latest sign of development from the budding U.S.-Korea shipbuilding partnership, American tech firm Anduril reports that it will work with HD Hyundai to develop unmanned vessels for the Mo...