News

Greenhouse gas (GHG) emissions from ships are projected to increase by up to 50% until 2050, relative to 2018, despite further efficiency gains, as transport demand is expected to continue to grow, the Fourth IMO Greenhouse...

Fincantieri and Saipem have signed a memorandum of understanding to promote the development of deep-seabed mining (DSM). Specifically, this deal sets the ground in the field of designing, engineering, building and...

A massive explosion occurred on Tuesday, August 4 in the vicinity of the Beirut Port Complex, wreaking havoc across the city and killing dozens of people. Footage from social media shows a massive blast wave sweeping...

Cash-strapped Korean shipbuilder STX Offshore & Shipbuilding Co has won its first order for this year. The contract involving the construction of three 6,600 ton petrochemical tankers has been signed with a local...

The Panamax containership Cap Jackson reported a fire in the auxiliary engine room early July 29, 2020, while getting ready to transit Panama Canal. The crew members are reported to be safe and there have been no...

Cruise shipping major Carnival Corporation & plc has signed agreements with Turkey-based maritime reclamation and recycling specialists EGE CELIK and SIMSEKLER to responsibly dismantle and recycle Carnival Fantasy and...