21 Russian Arctic LNG cargoes come to EU ports

Fincantieri Profit Surge Underpins Outlook, Strategy Shift

Italian shipbuilder Fincantieri reported a more than fourfold jump in its annual profit to 117 million euros ($136 million) on Wednesday, boosted by the underwater business line that saw 88% revenue growth.Shares

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Thai Tanker Transits Hormuz after Iran Talks

A Thai oil tanker has safely passed through the Strait of Hormuz following diplomatic coordination between Thailand and Iran, and was not required to pay to escape the blockade, a Thai official

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CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2

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IMCA Welcomes DEME Offshore Energy MD as New President

The International Marine Contractors Association (IMCA) has welcomed DEME Offshore Energy Managing Director Hugo Bouvy as its new President.He succeeded Saipem’s Luca Gentili at the end of his two-year term at a

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Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana has opened a new federally approved bonded storage facility at its Mount Vernon port, marking a major expansion of capabilities and enabling the port to handle its first barge

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Christian Ortego, Christie Miller Named as Vice Presidents at HII’s Newport News Shipbuilding

HII announced the selection of two vice presidents at its Newport News Shipbuilding (NNS) division. Christie Miller has been promoted to the role of vice president of communications and Christian Ortego will

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IQUA Robotics Successful Proves Use of AUV for Autonomous Ship Hull Inspection

The ESCABVENTS project, developed by the company IQUA Robotics in collaboration with the Zamakona Yards shipyard, has successfully concluded its proof of concept tests, demonstrating the viability of using Autonomous Underwater Vehicles

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Saudi Aramco Increases Crude Oil Exports from Yanbu Sea to Compensate for Hormuz Closure

Crude oil exports from Saudi Arabia's Red Sea Yanbu port rose to nearly 4 million barrels per day last week, a sharp increase from export levels before the Iran war broke out, shipping data

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Kongsberg Maritime Selected to Provide Equipment Package for Luxury Polar Expedition Vessel

Kongsberg Maritime has won a contract from MKM Yachts to supply a package of equipment for the Scenic Ikon polar expedition vessel under construction for Scenic Cruise.The Scenic Ikon, the latest in a