The U.S. Department of Justice reports that Austal USA LLC, a subsidiary of Australian shipbuilder Austal Limited (ASX: ASB) yesterday entered a guilty plea and agreed to pay $24 million to resolve
The days of the post-pandemic cruise ship ordering pause are rapidly fading into the past. Today, Royal Caribbean Group (NYSE: RCL) reported that it has signed an agreement with Finnish shipbuilder Meyer
Haugesund, Norway-headquartered Østensjø Rederi has entered into a shipbuilding contract with Spanish shipbuilder Astilleros Gondan covering the construction of an Ocean Energy Support Vessel (OESV). With a length of 120 meters and
Explore the latest developments in Asia, Canada, and Europe in our annual World Outlook issue, which highlights key trends in shipbuilding and other sectors.
Craig Gundry explains his philosophy behind helping clients go green. Marine Log (ML): For the past decade, you’ve been engaged in assisting shipowners, operators, shipyards and others in implementing green technologies into
Japan’s Mitsui O.S.K. Lines, Ltd. (MOL) is planning to build a 174,000 cubic meter LNG carrier fitted with Wind Challenger sails and has now received an Approval in Principle (AiP) from ClassNK
There’s a growing interest in construction vessels that can serve both the offshore wind and oil and gas subsea construction markets. Now Wind Energy Construction A/S has placed an order with Fincantieri
HII (NYSE: HII) reported second quarter 2024 revenues of $3.0 billion, up 6.8% from the second quarter of 2023, driven by growth across all segments. Operating income in the second quarter of
The world’s largest cruise company, Miami-based Carnival Corporation & plc, today announced an order for a further three new ships. Ordered for its Carnival Cruise Line brand at Fincantieri, they will be
Late last year, San Francisco’s Water Emergency Transportation Authority (WETA), the operator of the San Francisco Bay Ferry system, signed a strategic partnership agreement that will see Wärtsilä provide its fleet electrification