As Europe steps up its military spending after Russia’s invasion of Ukraine, Italian shipbuilder Fincantieri expects to expand its defense business, but sees M&A activity halted for now, its top executives said on Thursday.Speaking at an analysts call …
Fincantieri to Expand Defense Business, M&A Halted for Now Read More »
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division in Pascagoula, Miss. authenticated the keel of the Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128). The ship’s name honors former U.S. Senator Ted Stevens…
Guided Missile Destroyer Ted Stevens (DDG 128) Keel Authenticated Read More »
Cummins Inc. announced the European launch of its new B4.5 marine generator set and propulsion engine, expanding the hybrid compatible packages beyond the current QSB6.7 and QSL9. The pairing was debut in late 2021 at the Pacific Marine Expo…
Cummins B4.5 Marine Genset and Engine Make European Debut Read More »
Dry bulk shipping company Diana Shipping Inc. announced that it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the newbuild Capesize bulk carrier Florida.Diana, which entered into an agreement to purchase …
Diana Shipping Announces Bulker Sale and Leaseback Read More »
Fixture numbers double in the West as analysts upbeat on sector’s prospects
Volatile VLGC rates rally again as activity picks up Read More »