Russian Wheat Export Prices Soar Amidst Escalating Hostilities

Russian wheat export prices surged last week amid difficult shipping conditions in the Black Sea and a new wave of attacks in the Strait of Hormuz, analysts said on Monday.Forecasts for July wheat shipments from

Wärtsilä, Carnival Corporation Sign Lifecycle Agreement to Support Cruise Fleet Performance

Wärtsilä and Carnival Corporation, the world’s largest cruise company, have entered into an 8-year Lifecycle Agreement covering four cruise vessels within the Princess Cruises and Carnival Cruise Line fleets, including two newbuild

Natalie Carroll Appointed as ICMA's Head of Competence and Training

The International Marine Contractors Association (IMCA) has appointed Natalie Carroll as Head of Competence and Training, where she will lead the association's initiatives to strengthen workforce capability, improve skills transferability, and…

Balenciaga Returns to Shipbuilding After AD Ports Unit Takeover

Spain's Balenciaga Shipyard has restarted operations with the keel laying of its first vessel under new owner SAFEEN Drydocks, marking the revival of the historic Basque shipbuilder following its acquisition by the

DEME to Install Foundations at Zeevonk Offshore Wind Farm

Belgium marine contractor DEME has secured a contract to transport and install foundations for the first phase of the Zeevonk offshore wind farm in the Netherlands.The project, jointly owned by Vattenfall and

Fourth NSMV Lone Star State Christened for Texas A&M Maritime Academy

The fourth of five National Security Multi-Mission Vessels (NSMVs), Lone Star State, was christened on July 17 at Hanwha Philly Shipyard in Philadelphia, marking another milestone in the U.S. Maritime Administration's next-generation

Shipbuilding Contract Awarded for Missile Range Instrumentation Vessels

Hanwha Philly Shipyard (HPSI) and TOTE Services were selected to deliver the Missile Defense Agency’s (MDA) Missile Range Instrumentation Vessels (MRIV). TOTE Services will serve as vessel construction manager (VCM), and HPSI will

Iran Claims Two Oil Tankers Exploded in Strait of Hormuz

The Islamic Revolutionary Guard Corps said on Monday that two oil tankers had exploded and been immobilised after attempting to transit what it described as an unsafe southern route through the Strait

Guyana Ferry Disaster Leaves Dozens Feared Dead

Dozens of people were feared dead after a ferry carrying 133 people capsized off the coast of Guyana late on Saturday, with authorities suggesting an inaccurate passenger list and drug use by