India Targets Top 5 Global Shipbuilding Rank by 2047
29, October 2025
India sets a national goal to rank among the top five global shipbuilding nations by 2047 through major maritime investment and green cooperation.
Featured News
Chile’s US$4.45 Billion San Antonio Outer Port: Five Global Firms Prequalified
29, October 2025
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 May Sell Noble Globetrotter I if No New Work Secured
29, October 2025
Noble Corporation is evaluating strategic options for its Noble Globetrotter I drillship after its OMV Petrom contract ends in April. According to Upstream, the vessel could be sold if no new intervention work is secured, amid broader fleet adjustments and rig sales across Noble’s global portfolio.
Sanctioned Aframax Komander Grounds in Suez Canal, Refloated After Several Hours
28, October 2025
According to TradeWinds, the sanctioned aframax Komander grounded in the Suez Canal before being refloated, temporarily blocking northbound traffic.
UK Offshore Wind Industry Warns AR7 Auction Budget Threatens 2030 Capacity Goals
28, October 2025
The UK’s offshore wind industry warns that the £1.4 billion AR7 budget is too small to meet the 2030 target and sustain long-term investment.
Samsung Heavy Industries Demonstrates Its LNG Technology with KC-2C System
28, October 2025
SHI delivers Korea’s first 7,500 m³ LNG carrier converted with the KC-2C system, showcasing innovation in domestic LNG technology.
Petrofac Files for Administration After Contract Loss from TenneT–Major Jobs at Risk
27, October 2025
Petrofac has filed for administration after the termination by TenneT of a major offshore wind contract, placing thousands of jobs at risk and derailing its restructuring plan.
HD Hyundai Heavy Industries and HII Sign MOA to Strengthen U.S. Navy Shipbuilding Cooperation
27, October 2025
HD Hyundai Heavy Industries and HII signed an MOA during APEC 2025 to strengthen collaboration in naval shipbuilding, technology, and industrial base development between South Korea and the United States.
Samsung Heavy Industries to Build U.S. FLNG Unit for Delfin Midstream
24, October 2025
Samsung Heavy Industries has signed a Letter of Award with Delfin Midstream to deliver the FLNG unit for a U.S. offshore LNG export project, targeting FID in 2025.
