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Turkey's Shipbuilders Face Economic Headwinds in Export Market

Turkey's Shipbuilders Face Economic Headwinds in Export Market

  Turkey's shipbuilding sector has been a dominant force in the specialty-vessel market for years, but it appears to be losing ground, based on a string of disappointing sales numbers. Last mont...

Advanced Ocean Research Vessel to be Built by Fincantieri’s VARD

Advanced Ocean Research Vessel to be Built by Fincantieri’s VARD

  VARD, which is already known for unique specialized vessels, reports it has received the contract for what is being billed as one of the most advanced research vessels ever built. The custom-buil...

U.S. Cracks Down on Iran's Oil Marketing Network in Hong Kong

U.S. Cracks Down on Iran's Oil Marketing Network in Hong Kong

  After cracking down on the "shadow fleet" of gray-market tankers that serve Iran's oil exporters, the U.S. Treasury is now taking aim at the financiers that help Iranian oil traders move money. I...

Netherlands Provides Support to Damen Naval as German Frigates are Delayed

Netherlands Provides Support to Damen Naval as German Frigates are Delayed

  Reports in the Dutch media and by Bloomberg indicate that the Netherlands government has decided to provide support to help Damen Naval as it works to address challenges in its building program f...

Young Stewardess Found Dead Aboard Superyacht in Suspected Murder

Young Stewardess Found Dead Aboard Superyacht in Suspected Murder

  A young South African national who worked as a stewardess aboard a $10 million superyacht died in an apparent attack last Friday, and one of her crewmates stands accused of killing her.  Paige...

Iberdrola and Masdar Complete Largest Offshore Wind Financing in a Decade

Iberdrola and Masdar Complete Largest Offshore Wind Financing in a Decade

Iberdrola, one of the world’s largest energy companies, and Masdar, Abu Dhabi's state-owned renewable energy company, marked key milestones in their partnership, which was launched in 2023 to invest...

Oceania Takes Delivery of New Cruise Ship as NCLH Confirms More Orders

Oceania Takes Delivery of New Cruise Ship as NCLH Confirms More Orders

  Norwegian Cruise Lines Holdings’ premium brand, Oceania Cruises, took delivery of the second new cruise ship recently built for the brand by Fincantieri. During the handover ceremony at the Sestr...

Disabled Eimskip Vessel to be Towed to Port by Iceland’s Coast Guard

Disabled Eimskip Vessel to be Towed to Port by Iceland’s Coast Guard

  Icelandic shipping company Eimskip confirmed that one of its newest and largest containerships, Dettifoss (25,690 dwt), is currently disabled and drifting in the Atlantic. The Iceland Coast Guard...

IMO Selects a Fisherman for Bravery at Sea Award

IMO Selects a Fisherman for Bravery at Sea Award

  The IMO Council has decided to award its Exceptional Bravery at Sea award to Korean officer Lee Tae-Young, who helped save his crewmates aboard a sinking fishing vessel in November last year. Lee...

Four Survivors Pulled from the Sea as US Says Houthis Kidnapped Sailors

Four Survivors Pulled from the Sea as US Says Houthis Kidnapped Sailors

The search and rescue effort underway in the Red Sea reported rescuing four additional survivors from the bulker Eternity C nearly 48 hours after they were forced into the sea as the vessel was sink...