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Production of Fifth Icon Class Ship Started at Meyer Turku Shipyard

On Monday, January 19, 2026, production of the fifth vessel in the Icon Class began at the Meyer Turku shipyard. The ceremonial event held in the steel hall was attended by representatives

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ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

ADNOC Gas has signed a long-term liquefied natural gas (LNG) supply agreement worth between $2.5 billion and $3 billion with India’s Hindustan Petroleum Corporation Limited (HPCL).The 10-year sales and purchase agreement covers

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James Fisher Backs US Autonomous Vessel Firm Ocean Aero

James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s

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All-Electric Light Cargo Transfer Vessel Enters Service

Hydromover 2.0, an all-electric light cargo transfer vessel designed by Incat Crowther for Singapore’s marinEV, a business of Yinson GreenTech, has officially entered service in Singapore.Building on the success of the prototype

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EU Simplifies Ship Recycling Certification for Shipowners

European shipowners who wish to have their vessels recycled will now be able to fulfil their legal obligations using a single administrative form.The European Commission has adopted new formats for the certificates

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Hopes Fade for Bright Start of 2026 for Ship Recyclers

The Baltic Exchange Dry Index halted a nine-session slide to mark a 2.3% U-turn, climbing to 1,567 points, reports cash buyer GMS. This was driven by gains across segments: Capes (up 2.3%),

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Brazil Beef Exports Projections Released

Brazilian beef exports will remain stable in 2026 compared with last year, beef lobby ABIEC said on Monday, projecting shipments between 3.3 million and 3.5 million metric tons this year.That compares with

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Tugboat Polar King Back After Vessel Overhaul

The formerly retired tugboat Polar King is back on the water thanks to the hard work of the Alaska Marine Lines team and many others throughout the Lynden companies. The 50-year-old tugboat

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Leonardo Chairman Floats Possible Future Merger with Fincantieri

The chairman of Italy's Leonardo on Monday floated the idea of a future combination between the defence and aerospace group and state‑controlled shipbuilder Fincantieri.Speaking at a conference at Milan's Bocconi University, Stefano