BREAKING NEWS

Port fees tension lowers
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U.S. and China to suspend tit-for-tat port fees

The general ratcheting down of trade war tensions between the U.S. and China following what President Trump called a “truly great meeting” with President Xi of China will see the U.S. suspend

Lisa Edvardsen Haugan, president of Kongsberg Maritime, will lead the new stand-alone Kongsberg maritime business following the demerger.
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Kongsberg to spin off Kongsberg Maritime

The board of Norway’s Kongsberg Gruppen ASA today proposed to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange, while consolidating Kongsberg Defence & Aerospace and Kongsberg Discovery into a

Lyman-Morse Workboats water taxi
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Lyman-Morse Fabrication has a new name: Lyman-Morse Workboats

While the Lyman-Morse name may be most associated with the Thomaston, Me.-headquartered company’s custom yachts, its Lyman-Morse Fabrication aluminum vessel projects have been enjoying continued growth and success. Now Lyman-Morse Fabrication has

L to R: Patrick Ryan, ABS Senior vice president and chief technology officer, and Keyyong Hong, president of KRISO.[photo: ABS]
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ABS inks MOU on nuclear with KRISO

As interest in nuclear marine propulsion grows, ABS and KRISO (Korea Research Institute of Ships & Ocean Engineering) have signed a memorandum of understanding (MOU) to cooperate on the application of small

Seafarers Happiness Index (
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Seafarers Happiness Index shows a down tick

The latest Seafarers Happiness Index (SHI) from The Mission to Seafarers reveals a significant downturn in seafarers happiness level. It fell to 7.05 out of 10 in the third quarter of 2025,