Secretary of the Navy John C. Phelan was dismissed partly due to his slow progress in implementing reforms aimed at accelerating shipbuilding. Reuters reported that sources indicated Phelan had also fallen out with key P…
The first Arctic and Offshore Patrol Ship (AOPS 7) for the Canadian Coast Guard is set to be rolled onto a barge and towed into Bedford Basin soon. This vessel will introduce a new icebreaking capability to the Canadian …
On 22 Apr 2026, Taizhou Kouan Shipbuilding Co., Ltd. signed a contract to build four 62,000 DWT multi-purpose heavy-lift vessels for Haitong International Shipping Co., Ltd., a subsidiary of Fujian Haitong Development Co…
Djibouti officially opened the Djibouti Ship Repair Yard (DSRY), the largest ship-repair facility in the Red Sea and East Africa, on 4 April 2026. The yard is a joint venture between the Djibouti Ports and Free Zones Aut…
The company has signed an agreement to acquire four 40,000 DWT stainless steel newbuildings as part of its fleet renewal program. The vessels will be constructed by Kitanihon Shipbuilding in Japan, with deliveries schedu…
Two 24-metre eSAILs® have been installed on MV Baltazar at Yangzijiang Shipbuilding Holdings, marking a first for locally manufactured eSAILs® in China and the first 24m Model 3 units ever built. MV Baltazar is part of t…
Construction has officially started on the 80,000 DWT multipurpose grain carrier N1262 for COSCO Shipping Development, marked by the keel-laying and hull assembly commencement. The vessel will measure 229.95 metres in le…
Fujian Highton Development's subsidiary, Highton International Shipping Limited, has signed contracts with Taizhou Kouan Shipbuilding Co., Ltd. to build four 62,000 DWT multipurpose heavy-lift vessels. The total investme…
On 22 Apr 2026, Jiangnan Shipyard (CSSC) signed, named, and delivered the CMA CGM ESMERALDA, the fourth vessel of its "KUN" series 15,000 TEU methanol dual-fuel container ships built for CMA CGM. The ship, hull number H2…
Akrotiri Tankers, owned by Marielena Procopiou and Constantinos Lampsias, has placed an order for two new tankers at New Times Shipbuilding in China. The order includes a 157,000 DWT Suezmax crude oil tanker and a 73,000…
Prime Minister Narendra Modi and President Lee Jae-myung have elevated India–South Korea relations to a more strategic level. The partnership now covers key sectors including semiconductors, shipbuilding, and supply chai…
Grandweld Shipyards has delivered GASAB 1, a 25-meter Fast Crew Boat built for GAC Saudi Arabia. The vessel is designed to transfer offshore personnel across the Kingdom, accommodating 36 passengers and 6 crew members. G…