Wallem Group has launched a suite of support and consultancy services to protect IT systems onboard its clients’ vessels from disruption.Its new Vessel IT Security and Management Services (VITS) have been developed with a ship’s entire digital…
Wallem Launches Vessel IT Security and Management Services Read More »
Cerberus Capital Management has entered a strategic partnership with HD Hyundai to launch a new maritime investment strategy, Cerberus Maritime.Cerberus Maritime is aligned with the U.S. Government’s initiative to revitalize the maritime capabilities o…
Cerberus and HD Hyundai Partner on Maritime Projects Read More »
Operator says results could be affected but sticks to 2025 guidance
Business Korea reports that Hanwha Ocean plans to invest an additional minimum of $70 million in Philly Shipyard.The aim is to increase productivity to 10 ships per year by 2035, up from the current rate of 1 to 1.5 ships per year.Hanwha Ocean…
Hanwha to Boost Investment in Philly Shipyard Read More »
Rapid falls in the level of the Caspian Sea are affecting ports and oil shipments and threatening to inflict catastrophic damage on sturgeon and seal populations, according to Azerbaijani officials.The Caspian, the world’s largest salt lake…
Shallowing of Caspian Sea Impacts Oil Trade Read More »