Nigerian Company Orders VLGC

Temile Development Company has signed a contract with HD Hyundai Heavy Industries (HHI) for the construction of one firm plus one optional 88,000 cubic meter very large gas carrier (VLGC).The from HHI

NOC Launches Innovation Hub to Power Ocean Tech and Blue Economy

The UK’s National Oceanography Centre (NOC) has unveiled a new Innovation Hub in Southampton, designed to accelerate advances in ocean technology and support sustainable growth across the blue economy. Backed by a

South Korea Holds "Shipbuilding Card' in US Tariff Negotiations, Says Minister

South Korea's trade and industry minister Ahn Duk-geun said on Wednesday that potential cooperation with Washington in the shipbuilding sector is a "very important card" in negotiating with the U.S. over its tariffs.U.S.

OEG Unveils Geometry Assurance Software for Ships and Subsea Vessels

OEG Energy Group (OEG) has officially unveiled GEOBASE, an offshore industry’s first dedicated vessel dimensional control assurance solution for survey and positioning systems onboard ships and subsea vehicles to feature calibration software.It…

MOL Looks to Seize Opportunities as Trade Routes Shift Due to Tariffs

Mitsui O.S.K. Lines (MOL), Japan's second-largest shipping company, aims to capitalize on opportunities that emerge from a shift in trade routes driven by new U.S. tariffs, CEO Takeshi Hashimoto said.The highest U.S.

DOF Gets Subsea Mooring Installation Job in Asia Pacific

Norwegian offshore supply vessel operator DOF Group has secured a contract for subsea mooring installation services in Western Australia.Under the contract, DOF will use Skandi Hercules construction support vessel (CSV) with for

DEME to Buy Havfram in $985M Deal

Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind installation contract based in Norway, in a deal worth $985.5 million.The strategic acquisition aligns with DEME's

US Threatens IMO with Tariffs

The Trump administration has pulled out of the decarbonization negotiations taking place at the IMO’s Marine Environment Protection Committee (MEPC) 83rd session this week.The US government is threatening reciprocal measures if any

HEMEXPO Joins Decarbonization Project

The marine equipment manufacturers and exporters association for the international shipping industry, HEXEMPO, has joined the EU Horizon Innovation Action project entitled “Sustainable Emission Abatement Strategies & Technologies for Advanced…