News

Nam Cheong sells vessel for $19.8m to reduce debt

The disposal supports balance sheet ahead of FY2026.

Nam Cheong sells vessel for $19.8m to reduce debt

The disposal supports balance sheet ahead of FY2026.

57-metre Dampier bridge to link cargo wharf with bulk facility in Western Australia

Works include demolition, piling, and reinforced concrete deck construction.

China oil shift hits tankers as tonne miles growth capped at 3.2%

China’s imports from the US declined 61% YoY in 2025, whilst imports from Canada climbed 313%.

Japan sets up to 50% renewable goal for 2040

Marine vessels and assurance services critical for renewable infrastructure.

Phased retrofits offer lowest-cost IMO compliance for small bulk carriers

ClassNK study finds step-by-step upgrades beat fuel switching.

Japan, South Korea pivot to autonomous shipping with law reforms

New maritime laws allow for 24/7 unmanned ship operations.

Alex Gregg-Smith elected IACS Chair to lead 2026 maritime shift

He is the third elected IACS Council chair following reforms.

Seatrium seeks $270m from Aibel, faces $169.5 counterclaim

The arbitration was filed over cost and revenue split in DolWin 5 platform project.

Ørsted scales Taiwan offshore wind capacity amidst 920 MW expansion

It is located 35–60 kilometres off the coast of Changhua County.

Supply chain disruptions loom after CMA CGM abandons Suez legs: analyst

It may signal weak schedule reliability and partnership trust amongst services and carriers.

Singapore Straits emerge as world’s top piracy hunting ground

137 piracy incidents were reported globally as hostages double.

OMS Group orders two Ulstein cable-laying vessels

The vessels are designed for low environmental impact of subsea network builds.

ABS, Fleetzero MOU targets energy gaps in containerised marine battery systems

It will focus on design, testing, and quality control procedures for safe deployment.

HD Hyundai’s Avikus scales AI fleet as HMM orders system for 40 ships

Avikus AI takes active navigation control of 40 HMM ships.

HMM to deploy AI navigation on 40 ships in first phase

Three-way pact splits roles: data provision, platform support, and solution development for joint technical work.