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Carnival Corp.’s Lowered Outlook Raises Concerns for Cruise Industry

Carnival Corp.’s Lowered Outlook Raises Concerns for Cruise Industry

Carnival Corporation reported strong quarterly results today, but also lowered its outlook for growth in its net yields and issued guidance below Wall Street expectations. The price of Carnival’s stoc...

U.S. Gives Four Underwater-Capable Surveillance Drones to the Philippines

U.S. Gives Four Underwater-Capable Surveillance Drones to the Philippines

The U.S. government is transferring ownership of four advanced drone boats to the Philippines, expanding the ability of the country's navy to monitor its EEZ and keep an eye on Chinese incursions. The...

U.S. Navy Commits $418 Million to Elevator Maintenance

U.S. Navy Commits $418 Million to Elevator Maintenance

In a release accompanied by a photo of first-in-class carrier USS Gerald R. Ford, Huntington Ingalls Industries announced Tuesday that it has received a $418 million contract for the purpose of elevat...

California to Sue Trump Administration for Canceled Offshore Wind Lease

California to Sue Trump Administration for Canceled Offshore Wind Lease

California Attorney General Rob Bonta and the California Energy Commission filed a notice of intent on Tuesday, June 23, to challenge the Trump administration’s deal to cancel a California offshore wi...

Navantia's Corvettes for Saudi Arabia are Arriving On Time, On Budget

Navantia's Corvettes for Saudi Arabia are Arriving On Time, On Budget

Spain’s Navantia has launched the first of a second batch of three Avante 2200 corvettes for the Royal Saudi Navy (RSNF) at its San Fernando yard in Cadiz Bay. HMS Al Madinah (F838) will be fitted out...

Waves Group Appoints Senior Marine Engineer to Singapore Office

Waves Group Appoints Senior Marine Engineer to Singapore Office

[By: Waves Group] Waves Group announces the appointment of Eswynn DeSouza as Senior Marine Engineer in its Singapore office. The hire marks the company's dedication to marine engineering consultanc...

PrimeServ Successfully Delivers Methanol Engine Upgrade for Seaspan

PrimeServ Successfully Delivers Methanol Engine Upgrade for Seaspan

[By: Everllence] On June 2nd 2026, PrimeServ – Everllence’s after-sales division – successfully completed a methanol dual-fuel upgrade of the main engine of the ‘Seaspan Yangtze’. Owned by Seaspan...

India Becomes World’s Largest Ship Recycler as it Works to Double Capacity

India Becomes World’s Largest Ship Recycler as it Works to Double Capacity

The Indian government is highlighting strong growth in the country’s ship recycling industry in 2025 reproting that it is five years ahead of its plan for the industry’s growth. It looks to continue t...

Dismantling Underway for the Beached Wreck of MSC Baltic III in Canada

Dismantling Underway for the Beached Wreck of MSC Baltic III in Canada

The efforts are underway to dismantle the containership MSC Baltic III, according to the most recent update from the Canadian Coast Guard. It will be a complex operation requiring possibly a year or m...

IMO and Oman Launch “Phased Evacuation” for Transits in Strait of Hormuz

IMO and Oman Launch “Phased Evacuation” for Transits in Strait of Hormuz

Building on the agreement between the United States and Iran and news of “constructive talks” with reports of “encouraging progress,” the International Maritime Organization, working with Oman, announ...