Philippines President Ferdinand Marcos Jr has approved the third phase of the military’s modernization, which includes the purchase of the country’s first submarine, in order to defend its maritime sovereignty in the disputed South China Sea.Navy spoke…
Philippines Plans to Buy Submarines to Defend Sovereignty in South China Sea Read More »
Royal Caribbean Group, opens new tab projected 2024 profit above Wall Street expectations after robust demand for cruise vacations and steeper ticket prices helped it beat fourth-quarter earnings estimates on Thursday.With travelers opting for…
Royal Caribbean Upbeat on 2024 Profit Read More »
Two commissioning service operation vessels (CSOV) under construction for Germany-based Bernhard Schulte Offshore have reached milestones. The steel cutting and keel laying ceremonies for yno 321 and 320, respectively, were arranged at the Crist hull y…
Milestones for Bernhard Schulte Offshore CSOVs Read More »
Longship Group entered a joint newbuilding project with Wagle Chartering AS for two “GS Eco-Freighter 3700” to be built by GS Yard BV in Waterhuizen, the Netherlands.The general cargo ships feature single open top box shaped holds of about 181,000 cbft…
Longship Orders Two Newbuilds from GS Yard Read More »
Global container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessel…
Evergreen & X-Press Feeders Ink MOA for Methanol-fueled Feedering Read More »