Japan and its major shipbuilders plan to invest $6.5 billion by 2035 to modernize shipyards and accelerate eco-friendly, autonomous, and digital shipbuilding technologies.
Copenhagen Infrastructure Partners will invest USD 3 billion in its first offshore wind project in the Philippines with ACEN, supporting the country’s renewable energy transition.
ATSB found poor bridge coordination, fatigue, and distraction led to the Maersk Shekou’s 2024 collision with tall ship Leeuwin II in Fremantle Harbor.
Ørsted has agreed to sell a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the UK to Apollo for about DKK 39 billion ($6 billion).
Shipowners’ Club announced a 5% General Increase in P&I premiums for 2026 and a 10% deductible rise, citing inflation and higher claims.
Dominion Energy confirmed commissioning delays on its $715M WTIV Charybdis but said the Coastal Virginia Offshore Wind project remains on schedule.
Korea’s major shipbuilders posted strong Q3 2025 earnings, but rising container ship orders and Chinese price competition have raised profitability concerns.
The European Union has lifted sanctions on Red Box Energy Services’ Polar Class heavy-lift vessels Audax and Pugnax, previously tied to Russian Arctic LNG construction, gCaptain reported.
U.S. President Donald Trump announces South Korea’s approval to construct a nuclear-powered submarine at a Philadelphia shipyard, marking a milestone in U.S.-South Korea relations and shipbuilding cooperation. South Korea to replace its diesel-powered subs with advanced nuclear technology.
