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Wed, Jan

Oil Prices Stabilize as Russia-Ukraine Peace Hopes Fade, Yemen Tensions Rise

Oil prices were little changed on Tuesday as investors took stock of dented hopes of a Russia-Ukraine peace deal and rising geopolitical tensions in the Middle East around Yemen.Brent crude futures for February delivery,
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Fincantieri's WASS Snags Torpedo Deal

Fincantieri’s underwater systems subsidiary WASS has secured its largest contract to date, winning an order from the Indian Navy to supply Black Shark Advanced (BSA) heavyweight torpedoes for the service’s Scorpène-class submarine
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DOF Inks $150M ROV Support Vessel Contract with Petrobras

Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process
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ASRY Completes Multiple Rig Upgrades for ADES

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs
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China Flexes Military Might Encircling Taiwan

China fired rockets into waters off Taiwan on Tuesday, showcased new assault ships and dismissed prospects of U.S. and allied intervention to block any future attack by Beijing to take control of
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HII Delivers Destroyer Ted Stevens (DDG 128) to U.S. Navy

HII’s Ingalls Shipbuilding division has delivered Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128) to the U.S. Navy. This marks the second Flight III Arleigh Burke-class destroyer to be delivered by
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Shipbuilding a Bright Spot for German Industry in 2026

A majority of German business associations expect job cuts in 2026 as the country's economic crisis persists, with industry hit hardest by global protectionism and weak exports, a survey by the German
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Greece, Israel and Cyprus to Step Up Defense Cooperation in Mediterranean

Greece, Israel and Cyprus will step up joint air and naval exercises in the eastern Mediterranean in 2026, deepening their defence cooperation, Greek military officials and a senior source said on Monday.The three eastern
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Training Tips for Ships: The Compliance Crunch – Preparing Mariners for New Waves of Reporting

The maritime industry is entering a new era of accountability. Environmental standards are tightening, customer expectations are rising, and regulatory bodies are demanding more transparency than ever before. From carbon reporting to
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