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GLO Marine Targets €50m by 2030 with Middle East Expansion & New Technology

GLO Marine Targets €50m by 2030 with Middle East Expansion & New Technology

[By: GLO Marine] GLO Marine is targeting revenues of more than €50 million by 2030 as it prepares to establish a permanent operation in the Middle East and bring its new €6 million Technology Centr...

U.S. Landing-Drone Startup Gets Support From a Small Japanese Shipyard

U.S. Landing-Drone Startup Gets Support From a Small Japanese Shipyard

American defense tech startup Bulwark Dynamics is working with a Japanese shipbuilder on an autonomous landing craft - a system that could bring cargo into the combat zone without putting servicemembe...

CENTCOM's Commander Highlights Successes of U.S. Blockade

CENTCOM's Commander Highlights Successes of U.S. Blockade

The latest briefing from the Commander of Central Command, Admiral Brad Cooper, gives an important perspective on the current situation, at a time when President Trump says he is reevaluating US strat...

Giant Japanese Bulker Remains Aground Off Australia After Four Days

Giant Japanese Bulker Remains Aground Off Australia After Four Days

Efforts, so far, have been unsuccessful in pulling the large, Japanese-owned bulker free after it grounded last Friday (September 18) off the Gladstone port in Northeast Australia. Officials are monit...

PortMiami Reaches 10M Cruise Passengers to Reclaim World’s Largest Title

PortMiami Reaches 10M Cruise Passengers to Reclaim World’s Largest Title

PortMiami is surpassing 10 million cruise ship passenger movements in FY 2026, which returns it to the position of the busiest cruise home port in the world. It is the first time any port has handled...

RWE Speeds Up Offshore Turbine Servicing With Heavy-Lift Drone Deliveries

RWE Speeds Up Offshore Turbine Servicing With Heavy-Lift Drone Deliveries

Heavy-lift drones have attracted widespread public attention in Ukraine, where they are a common platform for a variety of defense applications, but they are also making big inroads in the commercial...

Trafigura to Spin Out Publicly Traded VLCC Tanker Company Volare Shipping

Trafigura to Spin Out Publicly Traded VLCC Tanker Company Volare Shipping

Commodities trading giant Trafigura is spinning out a newly public company, Volare Shipping, which will be an operator for VLCC tankers. The move comes as the crude oil tanker market is enjoying a maj...

Report: MSC Explores Acquiring Germany’s Controlling Stake in Meyer Werft

Report: MSC Explores Acquiring Germany’s Controlling Stake in Meyer Werft

MSC Group is reported to be exploring acquiring the controlling ownership stake in Germany’s Meyer Werft shipbuilder, Bloomberg reported. The story says the company has ongoing discussions with German...

Iran Keeps Up Pressure, Hitting Another Tanker as US Asserts Hormuz is Open

Iran Keeps Up Pressure, Hitting Another Tanker as US Asserts Hormuz is Open

Iran hit another tanker on September 21 in the Strait of Hormuz, causing injuries to two seafarers and maintaining its assertion to have control over the waterway. At the same time, US Central Command...

K Shipbuilding, Sejin and ClassNK Signed MOU for LPG Carrier Design

K Shipbuilding, Sejin and ClassNK Signed MOU for LPG Carrier Design

[By ClassNK] K Shipbuilding Co., Ltd., Sejin Heavy Industries Co., Ltd. and ClassNK have signed an MOU (Memorandum of Understanding) regarding the joint development of a new generation Eco LPG carr...