12+ hour, 48+ min ago   (426+ words) The European Commission has proposed adding two ship recycling facilities located in India to the 16th edition of the European List of Ship Recycling Facilities. The Commission’s proposal includes, for the first time, two ship recycling facilities in India following an…...

13+ hour, 3+ min ago   (266+ words) HD Korea Shipbuilding & Offshore Engineering, the intermediary holding company for HD Hyundai’s shipbuilding business, is teaming up with global engineering software firm Siemens Digital Industries Software to build a smart shipyard of the future powered by AI and digital technologies....

12+ hour, 58+ min ago   (340+ words) Costamare, a New York-listed owner of boxships, reveals busy S&P activity in its unaudited financial results for the second quarter and six-month period ended June 30. The company, founded by the Greek captain Vasileios Konstantakopoulos in 1975, reported the disposal of…...

13+ hour, 3+ min ago   (235+ words) Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has sealed a time charter deal with Classic Maritime, for one of its newcastlemax dry bulk vessels, the Philadelphia. Classic Maritime chartered the 206,040 dwt newcastlemax dry bulk vessel built…...

12+ hour, 52+ min ago   (518+ words) After a return to full-scale war was threatened, the US president Donald Trump is giving the negotiations room to progress – renewing hopes of negotiations on a ceasefire. Mike Waltz, US ambassador to the United Nations, told “Face the Nation with…...

1+ day, 12+ hour ago   (159+ words) KfW IPEX-Bank finances 10 new boxships for MPC Container Ships Shipping Telegraph KfW IPEX-Bank, as the mandated lead arranger with a share of $100m, is leading the financing of ten new container vessels for a German subsidiary of MPC Container Ships ASA…...

1+ day, 13+ hour ago   (221+ words) Japan has been promoting R&D on advanced shipbuilding technologies utilizing artificial intelligence with the aim of achieving substantial improvement in productivity within the shipbuilding industry. As part of these efforts, the ministry of land, infrastructure, transport and tourism (MLIT)…...

1+ day, 12+ hour ago   (289+ words) Maersk has introduced an additional fee of US$1,000 per container for cargo on any vessels transiting the Strait of Hormuz. The fee was announced in the company’s Middle East Operational Update 40 dated July 22 and applies to existing ocean bookings and…...

1+ day, 12+ hour ago   (325+ words) Samsung Heavy Industries, a major South Korean shipbuilder, said Friday it will pursue broad cooperation with the U.S. shipbuilding industry through a series of agreements spanning LNG bunkering, autonomous maritime technologies and workforce training. The company participated in the opening ceremony…...

1+ day, 12+ hour ago   (403+ words) The United States will slap tariffs of 10% to 12.5% on imports from 60 trading partners, charging that they have inadequately enforced bans on goods produced by forced labor. “The United States has had a forced labor import ban for nearly a century,…...