Everllence names Stefan Eefting its new head of Americas
The executive board of Everllence (the former MAN Energy Solutions) has appointed Stefan Eefting as its new head of Americas. Eefting took up his new role July 1st, succeeding Mahesh Joshi who
General Dynamics Electric Boat gets $1.85B Virginia class contract mod
General Dynamics Electric Boat, a business unit of General Dynamics (NYSE: GD) reports that it was awarded a $1.85 billion contract modification to a previously awarded contract supporting submarine production. This modification
VIDEO: New TRAnsverse tug Svitzer Barrington arrives in Newcastle, Australia
With the arrival of Svitzer Barrington, the first of two state-of-the-art TRAnsverse tugs ordered by Svitzer Australia, maritime operations at the Port of Newcastle, New South Wales, are set for a significant
BIMCO: U.S. grain shipments jump 9% despite Chinese tariffs
“During the first half of 2025, U.S. seaborne grain shipments increased 9% y/y, driven by stronger maize exports,” says Filipe Gouveia, shipping analysis manager at BIMCO. “While an increase in import tariffs
Eastern Shipbuilding wins $714.5M Washington State Ferries contract
Washington State Gov. Bob Ferguson announced yesterday that he has selected the $714.5 million bid from Florida-based Eastern Shipbuilding Group to build three new 160-vehicle hybrid-electric ferries. Two shipyards had bid for
Subsea Industries says Ecoshield delivers proven protection against cavitation damage
Cavitation erosion and corrosion remain persistent challenges in marine operations, often causing severe damage to rudders, thruster tunnels, and other underwater components. This leads to frequent drydockings, costly repairs, and operational downtime.
Saab launches first of two Polish SIGINT ships
Poland’s two-ship DELFIN signals intelligence (SIGINT) ship program took a significant step forward today, with prime contractor Saab reporting that the first ship, ORP Jerzy Różycki, had been launched in Gdańsk, Poland.
Op-Ed: Smarter talent investment for a leaner DoD
By Lt. Gen. Mark Faulkner, USMC (Ret.), president, Institute for Defense and Business Recent memoranda issued by Department of Defense (DoD) leadership signals a pivotal shift in the approach to its civilian
First of three Zamil Offshore FSIVs completes trials
Zamil 80, the first of three new 60-meter Incat Crowther designed fast support intervention vessels (FSIVs) has completed sea trials at Singapore shipbuilder Lita Ocean. Designed for offshore marine services provider Zamil
Louis Dreyfus Armateurs: New ownership, new CEO and new name
One of France’s best known shipping companies has a new majority owner, a new CEO, and will soon get a new name. The Louis-Dreyfus family has sold an 80% stake in Louis