Asian shares are mostly higher after Wall Street’s rally loses steam

Fincantieri, ASRY Agree to Explore Gulf Shipbuilding Projects

Italy’s Fincantieri and Bahrain’s Arab Shipbuilding & Repair Yard (ASRY) signed an industrial cooperation agreement to explore joint opportunities in naval and offshore vessel construction and maintenance.Under the agreement, the two companies…

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GTT Gets HD KSOE’s Tank Design Task for Two New LNG Carriers

GTT announces that it has received, in the fourth quarter of 2025, an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new liquefied natural

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Saronic Expands its Louisiana Shipyard

Saronic has announced a $300 million investment to expand its Franklin, Louisiana shipyard.Supported by close partnerships with Louisiana Economic Development, St. Mary Parish, and other state and local officials, Saronic is expanding

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ClassNK Issues AiP for Spray Form Insulation for Tanks

ClassNK has issued an Approval in Principle (AiP) for Spray form insulation system of IMO Type B tank for LNG and ammonia fuel developed by Nihon Shipyard and Hankuk Carbon.The certification demonstrates

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Kongsberg Maritime Marks 50 Years of Dynamic Positioning

Kongsberg Maritime is marking 50 years since the introduction of its first dynamic positioning (DP) system, a Norwegian innovation that transformed offshore operations and set new standards for safety and efficiency at

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Romania Destroys Drone in Black Sea

The Romanian military blew up a maritime drone that was endangering navigation in the Black Sea, the Ministry of National Defence said on Wednesday, amid rising concerns about risks to shipping in

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Wärtsilä Flags Key Trends Set to Shape Global Shipping in 2026

Wärtsilä has identified four key trends it expects to shape the global shipping industry in 2026, citing accelerating digitalization, rising decarbonization pressures and growing uncertainty over regulatory trajectories.The company highlighted lifecycle optimization

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Miros, Marine Tech Agree to Develop Next-Gen Marine Sensing Systems

Miros and Marine Technologies (MT) have signed a memorandum of understanding (MoU) to collaborate on integrating advanced marine sensing technologies with MT’s vessel control and smart-ship systems, the companies said on Wednesday.The

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DNV Greenlights Next-Gen 21,700 TEU Ammonia-Fueled Container Ship

DNV has awarded an Approval in Principle (AiP) to the joint consortium of MSC, Zhoushan Changhong International, and CIMC ORIC for a new 21,700 TEU ammonia-dual fueled ultra-large container ship design.The AiP