
India Targets Top 5 Global Shipbuilding Rank by 2047
India sets a national goal to rank among the top five global shipbuilding nations by 2047 through major maritime investment and green cooperation.

India sets a national goal to rank among the top five global shipbuilding nations by 2047 through major maritime investment and green cooperation.

Excelerate Energy has signed a $450 million deal with Iraq’s Ministry of Electricity subsidiary to build the country’s first LNG regasification terminal at Khor al-Zubair using its new FSRU Hull 3407.

Chile’s US$4.45 billion San Antonio Outer Port has attracted five major prequalified bidders, reaffirming Chile’s reputation as a stable and reliable partner in maritime infrastructure.

Noble’s 350-ft jackup Noble Resolute has been awarded a one-year contract with Eni in the Dutch North Sea, marking its return to active duty after completing work with TotalEnergies.

Rolls-Royce has achieved a world first by successfully testing a high-speed marine engine that runs entirely on methanol. Conducted under the meOHmare research project with Woodward L’Orange and WTZ Roßlau, the test marks a breakthrough toward CO₂-neutral and climate-friendly ship propulsion solutions.

The European Council has reaffirmed its commitment to digitalisation and decarbonisation across Europe’s maritime and shipbuilding industries, backed by Horizon Europe and the new European Competitiveness Fund.

Everllence has completed the world’s first methanol dual-fuel retrofit of an S90 two-stroke engine on COSCO Shipping Libra, marking a major decarbonisation milestone for large-bore marine engines.

The Wagenborg cargo ship Thamesborg reached Baie-Comeau, Canada, after a 10-week voyage and grounding in the Franklin Strait. The TSB is investigating the cause of the incident.

Eight months after grounding in Newfoundland, the MSC Baltic III remains in Cedar Cove as crews remove fuel, cargo, and prepare the vessel for winter, according to the Canadian Coast Guard.
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