Invest International has put up EUR 1 million in capital to support Econowind’s development of the VentoFoil XL, a vast suction sail of between 24 and 30m in height, targeted at the deep-sea shipping sector.

One of the only sail manufacturers to…

Following drydocking at China’s Zhoushan Zhongtian Heavy Industry (ZTHI), Torm Gabriella has rejoined the fleet with upgraded energy-saving technologies, after completing its third special survey (SS3) and CAP1 repairs.

Key measures include a full…

Mitsui O.S.K. Lines (MOL), MOL Drybulk, Furukawa Electric, and Tsuneishi Shipbuilding have successfully conducted a field trial of the "InfraLaser" system on a vessel's outer hull. The trial, held in December 2024, tested the laser-based rust and…

Businesses owed money by Harland and Wolff (H&W) are set to recover little from the firm’s administration process, with unsecured creditors expected to receive no more than 2p for every pound owed.

The Belfast-based shipbuilder was bought out of…