Lighthouse Ship Management AS has completed a successful retrofit of its managed, 2008-built general cargo vessel, Terneskjaer, achieving a 33% reduction in fuel costs. The Norwegian shipping service provider confirmed that the Berg Propulsion…

bound4blue has installed three 22m-high e-sails on Eastern Pacific Shipping MR tanker Pacific Sentinel, at Besiktas shipyard in Turkey. Installation time was reduced using bound4blue’s single-stop process, which comprised programming the e-sails…

Buoyed by year-on-year revenue increases of 26.5%, Seatrium entered the black in 2024, posting a net profit of SGD 155.9 million (USD 116.9 million), compared with an SGD 2 million loss in 2023. So far this year, the Singaporean yard is seeing…

Following a visit to the UAE by Italian prime minister Giorgia Meloni, Maestral, the joint venture between Fincantieri and Emirati military technology company Edge, has won a EUR 500 million contract for maintenance and management of the UAE Navy…