Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has finalized its acquisition of the Rolls-Royce Naval Propulsors business.The milestone was celebrated at the newly acquired Pascagoula, Mississippi…
FMD Completes Acquisition of Rolls-Royce Propulsors Business Read More »
ABS and the Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan signed a memorandum of understanding to collaborate and explore new technologies to support the floating offshore wind industry.FLOWRA is a technical…
ABS and FLOWRA to Advance Offshore Wind Technologies Read More »
Silver Ships recently delivered an Explorer 32 Fire Boat variant to the Fort Walton Beach Fire Department in Fort Walton Beach, Florida.The Fort Walton Beach Fire Department provides fire protection, emergency medical advanced life support,…
Silver Ships Delivers Explorer 32 Fire Boat to Fort Walton Beach Fire Department Read More »
The ship recycling market lacked momentum during the past week. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships said that “ship recycling markets across South Asia and Türkiye continue to face a lack of momen…
Pace Still Slow Across Ship Recycling Markets Read More »
“In the first half of 2025, China’s share of newbuilding contracting fell to 52% from 72% in the previous six months. Growing concerns over USTR port fees on Chinese ships in US ports likely contributed to a decrease in contracting in China. This…
Chinese shipyards’ market share drops from 72% to 52% amid USTR concerns Read More »