Marco Polo Marine plans to spin off its shipyard business through a reverse takeover of Fuji Offset Plates Manufacturing in a deal valued at up to USD 139 million (EUR 119.55 million). Under the proposed transaction, Fuji Offset Plates Manufacturing…

The Ultramax bulk carrier M/V Afros, fitted with four Anemoi rotor sails in January 2018, has completed its second intermediate survey after more than eight years in operation, with classification society Lloyd’s Register (LR) confirming the system…

South Korean shipping company HMM is preparing to repair its Panama-flagged general cargo ship HMM Namu, alongside at Drydocks World Dubai in Jebel Ali, after the vessel was damaged by airborne objects in the Strait of Hormuz last week. A South…

The US-flagged USS Dwight D. Eisenhower has returned to active status after completing a planned incremental availability overhaul and sea trials at Norfolk Naval Shipyard, restoring the US Navy’s second-oldest aircraft carrier to deployment…