According to a report from Bloomberg, China Shipbuilding Industry Co., the country’s biggest maker of vessel equipment, jumped in Shanghai trading after agreeing to buy seven affiliates, including makers of torpedoes and submarine telescopes. The company rose 5.1 percent to close at 13.86 yuan, as it resumed trading following an almost month long suspension.
Nereida Energy has signed its first contract to supply maritime battery systems with a total capacity of 17MWh to Frydenbø Elmarin.
Eastern Shipbuilding Group (ESG) launched the first of the four Saltchuk escort tugs.“We are proud to advance this important…
"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that…
VARD has recently signed an agreement (MoU) with the major Norwegian research institute NORCE, establishing a strategic partnership…
Leading shipping companies are joining forces to combat ocean plastic pollution through the launch of the Maritime Association for Clean Seas (MACS): a new industry alliance driving measurable
Expert support in world-leading navigation and integrated bridge systems for North America
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