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Russia Reinsurer Backs Firms to get India Marine Insurance Permit

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3m ago

Russia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to facilitate trade with India amid Western sanctions.A raft of sanctions by the U.S ..read more

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Philly Shipyard Exploring Collaboration Opportunities with Hyundai Heavy Industries

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5h ago

U.S. shipbuilder Philly Shipyard announced it has signed a memorandum of understanding (MOU) with the world's largest shipbuilding group, South Korea's HD Hyundai Heavy Industries (HHI), to explore a potential business relationship relating to future U.S ..read more

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King to Open MARIN's Seven Oceans Simulator Center

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5h ago

His Majesty King Willem-Alexander of The Netherlands will open the Seven Oceans Simulator center (SOSc) of MARIN, the Maritime Research Institute of the Netherlands, on Tuesday, May 28, 2024.The opening program takes place in the Shallow Water Basin, one of MARIN's test facilities for ship models ..read more

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US Offshore Wind: Outlook Strong Despite Construction Productivity Issues

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5h ago

While construction productivity issues continue to present immediate challenges for the U.S. offshore wind industry, the long-term outlook remains strong for the nascent sector, according to a recent report from business intelligence and consulting firm Intelatus Global Partners ..read more

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Seeing the Ship as a System Changes Everything

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5h ago

Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, Head of Regulatory & Public Affairs ..read more

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Rear Adm. Philip Sobeck: MSC Needs More Mariners, New Ships

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6h ago

Founded as the Military Sea Transportation Service (MSTS) and renamed Military Sealift Command in 1970, MSC today not only support the Navy, but we are the Department of Defense's provider of all sealift. Maritime Reporter & Engineering News recently interviewed Rear Adm. Philip Sobeck, U.S ..read more

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Babcock Takes Charge of Type 23 Frigate Upkeep for Royal Navy

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8h ago

Babcock has been awarded the contract to manage the Type 23 class frigate Refit Support Group, allowing the company to take end-to-end responsibility for vessel upkeep and regeneration in preparation for handover to the ship’s crew.This innovative ..read more

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MPCC Secures Funding for Two Dual-Fuel Methanol Containerships

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8h ago

Norwegian shipowner MPC Container Ships (MPCC) has signed a $55 million pre and post-delivery ECA covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings.The vessels are scheduled for delivery ..read more

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Damen Launches New Cargo Vessel for German Shipping Company

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8h ago

Damen Shipyards has launched a Combi Freighter (CF) 3850 at the Ba Son Shipyard in Vietnam, built for German shipping company Reederei M. Lauterjung.The CF 3850 is the first in a two-vessel order from Reederei M. Lauterjung. Following this order ..read more

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MOL and Gaz-System Sing Long-Term FSRU Charter for New Polish LNG Terminal

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9h ago

Mitsui O.S.K. Lines (MOL) has signed a long-term time charter party agreement for one floating storage and regasification unit (FSRU) with the Polish gas transmission system operator Gaz-System, which is the developer and operator behind the ..read more

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