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Maersk warned on Thursday that container shipping overcapacity would hit profits more than expected this year and that it didn't see a major boost from the jump in freight rates due to Red Sea disruptions, hammering its shares.The warning, which…
https://www.marinelink.com/news/maersk-warns-oversupply-hit-profits-511417
https://www.marinelink.com/news/maersk-warns-oversupply-hit-profits-511417The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies' said.The liquefied natural gas (LNG) project in the Russian Arctic has faced challenges from U.S.
https://www.marinelink.com/news/russias-arctic-lng-last-line-hold-511419
https://www.marinelink.com/news/russias-arctic-lng-last-line-hold-511419Nippon Paint Marine appointed Gladys Goh as its President, effective immediately, making her the first female and foreign national to lead a principal operating company in Japan. The marine division is the founding business for the 140-year-old Nippon Paint Holdings Group…
https://www.marinelink.com/news/gladys-goh-takes-helm-nippon-paint-marine-511426
https://www.marinelink.com/news/gladys-goh-takes-helm-nippon-paint-marine-511426U.S.-based boat builder Metal Shark is expanding its presence in its home state of Louisiana with the addition of a third manufacturing facility and a new recruitment effort.The expansion follows the recent divestiture of its Alabama-based ship refit and repair business…
https://www.marinelink.com/news/metal-shark-boosts-production-capacity-511427
https://www.marinelink.com/news/metal-shark-boosts-production-capacity-511427Kongsberg Discovery announced a Defense Innovation Unit (DIU) award to assist in the U.S. Navy’s Large Displacement Unmanned Underwater Vehicle (LDUUV) prototype.Kongsberg Discovery has been awarded a contract with the Defense Innovation Unit…
https://www.marinelink.com/news/kongsberg-discovery-wins-us-navy-diu-511428
https://www.marinelink.com/news/kongsberg-discovery-wins-us-navy-diu-511428Seaspan Shipyards announced it has completed construction of the ‘Prototype Block’ for the Canadian Coast Guard’s (CCG) Polar Icebreaker program. Construction of this Prototype Block ensures that Seaspan has the proper processes, procedures…
https://www.marinelink.com/news/seaspan-builds-prototype-block-canadian-511433
https://www.marinelink.com/news/seaspan-builds-prototype-block-canadian-511433Furetank adds another two Vinga vessels to the order line. Upon delivery, Furetank’s fleet will consist entirely of environmentally proven, top standard vessels with an average age of two years, the company said."We did our homework. This development…
https://www.marinelink.com/news/furetank-orders-two-vessels-511435
https://www.marinelink.com/news/furetank-orders-two-vessels-511435More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern about attacks on vessels in the Red Sea continued, shipping analysts said on Friday."Another 13 vessels were diverted this…
https://www.marinelink.com/news/grain-ships-diverted-red-sea-due-houthi-511437
https://www.marinelink.com/news/grain-ships-diverted-red-sea-due-houthi-511437Israel's military said it had intercepted a "suspicious aerial target" on Friday off the northern port city of Haifa amid high tension along its frontier with Lebanon.The seaports of Haifa and Ashdod are crucial gateways for Israel's trade.An Israeli military spokesperson said the target had not cau
https://www.marinelink.com/news/israel-intercepts-suspicious-target-off-511438
https://www.marinelink.com/news/israel-intercepts-suspicious-target-off-511438Philly Shipyard on Friday held a keel laying ceremony for the fifth and final vessel in a series of new purpose built, state-of-the-art training ships for America’s state maritime academies.The U.S. Department of Transportation’s Maritime Administration…
https://www.marinelink.com/news/steel-cutting-ceremony-held-fifth-nsmv-511441
https://www.marinelink.com/news/steel-cutting-ceremony-held-fifth-nsmv-511441