The chief executive of German warship builder TKMS has called for consolidation within the defence industry in a speech published on Monday ahead of the company’s annual general meeting.”If defence capabilities are to be established more quickly…
TKMS CEO Calls for Defense Industry Consolidation Read More »
On behalf of the International Labour Organization, the International Chamber of Shipping, and International Transport Workers’ Federation:On the 20th anniversary of the Maritime Labour Convention, 2006, we jointly reaffirm our commitment to…
The Swedish Club (TSC) has concluded its 2026 P&I renewal with a 99% retention rate.Over the past 12 months, The Swedish Club has attracted new entered tonnage with an increase of nearly 8%, driven by a combination of solid organic development…
The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal Read More »
Retrofit specialist GLO Marine has announced a $7 million (€6 million) investment in a new integrated assembly and production facility in Galați, Romania, as it seeks to expand its end-to-end vessel upgrade and decarbonization capabilities.The new faci…
GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania Read More »
Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine group said the savings…
Seatrium Targets $40M Cost Savings in Continued Divestment Drive Read More »