Fincantieri Cuts Steel for First Unit of Italian Navy's New FREMM Frigates

Fincantieri has marked the start of construction on the first of two next-generation FREMM frigates of the EVOLUTION version, known as FREMM EVO, at its Riva Trigoso (Genoa) shipyard.The contract for the

Global Trade War Worries Grow as Trump Unveils Sweeping Tariffs

The global economy is bracing for renewed turbulence following U.S. President Donald Trump’s announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and

Miros Launches Cloud-based Oil Spill Detection Monitoring Tool

Miros, a global ocean insights specialist for maritime and offshore operations, has further expanded its product line with the launch of the Oil Spill Detection (OSD) Monitoring application in Miros Cloud.Designed to

South Korea Makes Massive Drug Haul

South Korean authorities found about two tonnes of suspected cocaine on Wednesday on a ship docked at a port, the customs service said, in what appears to be the largest haul of

Stena Line Introduces Wind-Assist RoRo Concept

Stena Line has announced the concept for a new generation vessel: Stena Futuro, a 240-meter-long roro intended for transporting semi-trailers and cars.The hull and superstructure have been optimized to achieve the most

South Korea's Orderbook Tops $138 billion

Veson Nautical has used VesselsValue data to confirm that South Korea’s orderbook has now topped $138 billion.The LNG sector is the most valuable, worth $71.3 billion and accounting for around 52% of

China Warns Taiwan, Calls President "Parasite"

China's military on Tuesday said it had begun joint army, navy and rocket force exercises around Taiwan to "serve as a stern warning and powerful deterrent against Taiwanese independence", calling Taiwan's President

ABS Signs Talent Development MoU in Singapore

ABS and the Singapore Institute of Technology (SIT) signed an MoU at Singapore Maritime Week last week to advance innovations in applied research in maritime technology and enhance talent development within the

Shell Condemns Australia's LNG Plans

Shell warned on Tuesday that a proposal in Australia to force more export gas into the domestic market could end up deterring investment and exacerbating shortages.Ahead of Australia's May 3 general election,